Cashflow
Despite the GST being introduced seven years ago, calculating and allowing for it in a business’s books can still be a challenge. Giftrap puts the Australian Tax Office under the pump to reveal what businesses should be doing What is the general purpose of GST, and why was it introduced? GST is charged on most […]
Insurance is a great way to help manage your export risk. David Huey looks at options that can make the difference between success and catastrophe. Growing your international client base is an exciting and potentially lucrative opportunity, but with increased growth comes increased risk. Are you covered? Transporting and delivering goods, currency fluctuations, language barriers, […]
Is tax time a dreaded chore? Mark Muller and Peter Bembrick look at how you can minimise the dread and maximise the time and effort spent on preparing accounts by turning this into a valuable activity for improving your business. While not all businesses need to have a full annual audit, all need to prepare […]
Advertorial Finding a suitable accounting system can be quite a challenge for expanding businesses with specialised accounting requirements. With each new phase of growth comes the need for new capabilities and a wider range of functions. Often business owners will feel they need to approach the corporate-sized application vendors to fulfill their needs. This can […]
Tax may be one of life's two certainties, but some tips from George Liondis can help ease your pain. A BOOMING Australian sharemarket is hardly a problem, but it is creating a few headaches for investors. Many are wondering how to take sharemarket profits without triggering a crippling capital gains tax liability. Here are six […]
Foreign exchange is one of the most volatile markets in the world, with millions of participants across the globe exposed to currency fluctuations 24 hours a day. Jim Vrondas suggests a couple of solutions for businesses to stay one step ahead. In the foreign exchange market, just about everyone is attempting to do the exact […]
Getting extra cash into your business can mean anything from a quick top-up from your bank, to involving investors and taking the business to another level. Cameron Bayley considers cash injection options. It’s a common SME roadblock: the time is ripe for some extra staff, new equipment or perhaps a change of premises for your […]
Getting extra cash into your business can mean anything from a quick top-up from your bank, to involving investors and taking the business to another level. Cameron Bayley considers cash injection options. It’s a common SME roadblock: the time is ripe for some extra staff, new equipment or perhaps a change of premises for your […]
There are many different ways to protect your business from the unexpected – Howard Coleman examines the ‘what if’ questions all business owners need to consider. Insurance is part of the risk management strategy of any business. In this article we will look at how life insurances may be considered as part of the risk management […]
Consumer sentiment has fallen, despite historically low unemployment and steady interest rates, a survey shows. Worries about rising interest rates may be restraining consumer sentiment, despite a run of strong economic growth figures, with respondents less confident about buying a house. But the overall index was still high, with economists crediting Treasurer Peter Costello's May […]
If you're finding GST a problem, a solution may have been found… Many more small businesses will be able to complete their GST paper work more simply under a government bill introduced into federal parliament on Wednesday. Revenue Minister Peter Dutton said a wide range of small businesses would be able to reduce their compliance […]
There’s no denying insurance is assurance for your business. Gina De Bonis takes us through the importance of being properly insured, and the key insurance products worth considering. Insurance is important to the livelihood of any business, and consumers should be aware of the possible pitfalls if they’re not adequately protecting themselves, or their business. […]
We polled some of our export finance experts—Austrade’s Tim Harcourt, St George’s Andrew Currie, Westpac’s Alexander Cameron—for 10 tips to make sure you stay on top of your export finance. We polled some of our export finance experts—Austrade’s Tim Harcourt, St George’s Andrew Currie, Westpac’s Alexander Cameron—for 10 tips to make sure you stay on […]
While the aim for many businesses is to move out of the start-up and into the growth stage, without adequate cash flow, your business’s growth may stall. Dennis Mattiske takes us through the ins and outs of some alternative methods of funding your business growth. When seeking to finance their […]
Personal tax reforms need action before June 30. Tony Fittler examines the main points. A series of new reforms to taxation laws and policies has made personal tax planning more important than ever. Some areas to consider include: New tax rates The incentive for tax planning has become greater as the thresholds for marginal tax […]
At tax time, it’s easy to overlook small but important details and to become so consumed by the deadline that you don’t use the process of mopping up this year’s tax bill to plan for the next. Cameron Cooper gathers tips from experts for getting your tax bill right. Memo to the good people at […]
While the growing choice of software for managing accounts might seem mind-boggling, in some ways it is becoming easier to find the right system to fit your needs—now, and, via upgrade paths and webware solutions, in the future. Helen Bradley sifts generic and specific accounting software options. Of all the productivity software in an organisation […]
At tax time, it’s easy to overlook small but important details and to become so consumed by the deadline that you don’t use the process of mopping up this year’s tax bill to plan for the next. Cameron Cooper gathers tips from experts for getting your tax bill right. Memo to the good people at […]
For small business owners who are looking to minimise their tax and enhance cash flow for the new financial year, there is a compelling case for renting, not buying their new technology equipment. Research by leasing and rental finance specialists Flexirent has revealed that 83% of their business customers believe that renting their technology equipment […]
How ready will your business be if the taxman, with his audit tools, knocks on your door this year? Garry Addison outlines some of the crucial tax questions you should have answered by June 30. Small business owners are looking for ways to legitimately reduce their tax burden. Australia's largest accounting body, CPA Australia, answers […]
