How Efficient Is Your Business?
In a highly competitive market, it can be extremely difficult to either raise your sale prices or increase your sales volume dramatically.…
What If I Don’t Want To Pay Tax?
The goal of your tax accountant should be to minimise your tax bill as much as possible within the rules (this article…
A Low Aussie Dollar: Stay Home, But Sell Overseas
The Australian dollar is currently hovering in the mid seventies against the US dollar, meaning you get around seventy-five US cents for…
I’m An Australian Resident. So What?
In last week’s article we looked at the tests that the Australian Tax Office (ATO) uses to determine whether or not you…
Where Are You From?
It seems like a pretty straightforward question, but the answer can have an enormous impact on your tax return, so it is…
Supersize your Super
In 1983, government, employers and trade unions agreed to the creation of a nationwide superannuation scheme. Since 1992 Australian Employers have been…
Accounting for NFP
Are you planning to set up a club or other organisation as a not-for-profit (NFP) entity? If you are, you will need…
‘Tis (almost) the Season to Give Gifts
Yes, we’re still months away from Christmas, but let’s follow the philosophy of Australia’s retailers; namely that it’s never too early to…
Effective Life and Depreciation of an Asset
What is the value of an asset? An asset doesn’t maintain the value of its original purchase price. If you have ever…
Your Ongoing Education
Education is a lifelong pursuit, to the point where many professional bodies (including accounting organisations) actually require members to participate in ongoing…