#New Financial Year
Let’s Talk: Tips for the new financial year
The new financial year has arrived, but the effects and financial difficulties of covid-19 are unfortunately likely to continue for a while longer. With that in mind, today we are discussing the best tips and strategies for leaders in terms of the best financial practices going forward. Now more than ever, it’s important to get to grips […]
Want the productivity of your enterprise to soar in 2019-20? Embracing new financial technologies can help
Finalised your year-end activity for the 2019 financial year and contemplating the business’s prospects as the dawn of a new decade approaches? As stagnant wage growth and lacklustre consumer sentiment continue to put the brakes on economic growth in Australia, finding efficiency gains has never been more important, for local enterprises that hope to survive […]
Five actions to supercharge your business
A new financial year plan can make all the difference for your SME It’s never-ending for business owners: if it’s not BAS time, it’s EOFY, then the cycle starts all over again. With the EOFY rush receding, July as the first month of the new financial year is a great time to take stock. Scottish […]
Loan and tax tips for the fresh financial year
By: Olly Guilleaume EOFY has come and gone. How’s your cash flow looking? The rush and pressure felt by many businesses at the end of the financial year have come and gone. Now that the smoke from EOFY has cleared, you can take a considered approach to setting business objectives and planning expenditures for the year ahead. […]
A new year, a new plan: five ways to transform your small business
The start of a new financial year is an ideal time for business owners to take stock of the business, review progress towards growth goals, and re-align plans as necessary. While there is no one-size-fits-all approach for businesses to make their planning more effective, there are a number of key considerations that can help business […]
Six reasons to consider trade credit insurance in the new financial year
With the global economy looking fragile and one of Australia’s largest trading partners, China, slowing down, it’s important for Australian business decision-makers to re-evaluate their position as the new financial year begins, according to Atradius. Mark Hoppe, managing director, Oceania, Atradius, said, “The start of the new financial year is traditionally an ideal opportunity for […]
Tax cuts new financial year cut-off
Australia’s tax agency says it can retrospectively deliver tax cuts if the coalition’s proposal doesn’t pass through parliament before the end of the financial year. But it remains to be seen if the tax cuts will pass parliament, with key crossbench senators still to pledge their support for the plan. Government senator Zed Seselja is […]
Evaluate your customers to boost your profits
Kick off the new financial year by discovering who your profitable customers are and gently shed the loss makers. Chris Ridd, managing director of small business accounting software provider Xero, explains how.
Festive entertainment – will the ATO help out?
The common question we’re asked by many clients is, “how much of client Christmas entertainment can I claim as an income tax deduction?”
ATO targets small business in 2013 campaign
Each year the Australian Taxation office targets key sectors of Australian business for audit campaigns – in its Compliance in Focus 2013 notice, small businesses are among those to have drawn the short straw.
Business budgets: a roadmap to success
When the Federal Treasurer handed down the budget for the nation, we were prompted to think about budgets from the perspective of small businesses.
Quick fixes for your business this new financial year
As the new financial year gets underway, now is the perfect time to look at how you can run your business more effectively.
New financial year resolutions
Today marks the very first day of the new financial year, and a mid-year opportunity to start afresh – here’s 5 easy things to keep in mind.
Take your business back to basics
Whether your business is big or small, before you spend too much time thinking through all those flashy new ideas don’t forget to use this time of year to revisit the very core of your business being.
Business planning tool launched for new financial year
A new online planning and management tool for small to medium businesses, BPlan Live, has been launched in time for the new financial year, in conjunction with a special offer.
Year-end planning tips for small business
With 30 June upon us, taxpayers are looking for opportunities to reduce their tax liabilities for the fiscal year, and according to Institute of Public Accountants senior tax advisor Tony Greco, small businesses should also not overlook the cash flow benefits of tax deferral opportunities.
12 tips for starting FY11/12 on the front foot
Wrapping up the EOFY properly ensures businesses roll into the new financial year smoothly, and helps business owners put their best foot forward from the get go. With this in mind, RSM Bird Cameron has put together 12 tips for starting the 2011/12 financial year.
Failing to plan, planning to fail
Julian Smith blogs about the importance of looking beyond the end of the financial year. “Yep, I know time is scarce – you’re already flat out trying to wrap up this financial year and time to plan ahead looks hard to find – but do try to set the time aside, as it will give you the opportunity to set your business up to start the new financial year on the right foot.”
New consumer contract laws enforced by ACCC today
The Australian Competition and Consumer Commission today announced new law to offer greater protection to consumers in the coming financial year.
New financial year brings CEO evaluations
Australian companies are ensuring they have strong leadership for the new financial year, with evaluations of CEOs increasing, a leading recruitment agency finds.