The truth is we are not the ATO but we just help you avoid having to meet them unexpectedly. You know that feeling when your accountant says, “We’ve talked about this”? It’s not judgment. It’s concern. It’s battle tested experience from cleaning up all kinds of tax time messes. Running a small business? Then your…
Month: July 2025
The Hidden Risk: Insolvent Trading for Directors
It starts quietly. A few late payments. A tax bill you push back. Maybe you’re waiting on one big client to pay before everything balances out. But while you’re focused on keeping the business afloat, the law is watching you. As a company director, you’re legally responsible for making sure your business doesn’t trade while…
Social Media Finfluencers Are Talking Tax Tricks, Property Advice and strategies… But Should You Listen?
Every scroll through social media these days reveals a new tax hack, property tip or strategy that promises to build wealth faster than ever before. It all sounds great. I mean who doesn’t want to pay less tax, own more property and set things up like the “wealthy” do? But here’s the problem… most of…
What Just Changed for Your Business from 1 July?
As of 1 July 2025, several significant changes have come into effect that directly impact Australian business owners. From wage increases to superannuation obligations and parental leave enhancements, these updates affect payroll, cash flow, and compliance requirements. Below is a summary of the key changes now in effect: 1. National Minimum Wage Increase: The Fair…
It’s 1 July And Your Profit & Loss Just Hit $0 – Now What?
If you’re like me, the first thing you did this morning was check your accounting software to confirm your profit and loss reset to zero. And yes it did. The profit and loss is back to zero. A brand new financial year has begun. But behind the clean figures, your business is still carrying everything…
Year-End Satire: Why Do My Clients Hate Me? I’m Just the Accountant.
As I sit quietly at my desk, calendar jammed with deadlines, emails flooding in, WhatsApp and text messages lighting up my phone, calls ringing through back-to-back and a stack of missed calls waiting to be returned; I wonder: “Why do my clients hate me?” I mean, I’m just an accountant. All I ever do is…
Shiny Cars, Shaky Strategy: Why Company-Owned Luxury Vehicles Rarely Pay Off
As I power through a string of tax planning meetings with small business owners at this time of year, one thing I can say with confidence is this: You will NEVER hear me say, “Go buy a luxury car through your company as it will help with your tax.” And there’s a very good reason…
The 5 SMSF Questions I Get Asked All the Time – Answered
More control, more flexibility – and a lot more questions. It sounds empowering – until the rules, acronyms, and responsibilities start to add up. While Self Managed Super Funds (SMSFs) can offer flexibility, they also come with strict rules and responsibilities. Here are the 5 of the most common questions I come across in our…