There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result. Structuring the transaction covers areas such as pricing the business, the terms and conditions attaching to the sale, key terms in the … Read more
23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general-purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk your brand equity being consumed by someone else, … Read more
We’re going to the Henty Field Days, 20, 21 & 22 September 2022. We think it’s going to be the biggest ever, since not been able to run since 2019. Southern Australia’s biggest agricultural event is the Henty Machinery Field Days. With over 3500 businesses on site, there’s something for everyone. Opening hours 8am – … Read more
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how Electric vehicles (EV) represent just under 2% of the new car market in Australia but it is a rapidly growing sector with a 62.3% jump in new EV registrations between 2020 and … Read more
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to fiat currency, exchange it for another type of … Read more
One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales process? Sell the solution not the product Branding is wonderful but unless your brand is as mighty as Coca Cola, it’s unlikely people will purchase … Read more
So many changes happening in 2023 for business owners, it’s hard to know where to start, we have compiled a short brief on a few key changes. Superannuation guarantee increase to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5% on 1 July 2022 and will continue to increase by 0.5% each … Read more
The priority areas for the ATO for the upcoming “Tax Time” 2022 have been announced. The ATO will be focusing on: • Record-keeping • Work-related expenses • Rental property income and deductions, and • Capital gains from crypto assets, property and shares. Not many surprises there. When it comes to the ATO’s focus on record … Read more
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails encouraging us to spend now to access the deduction. But, there are a … Read more
In November 2021, I was nominated to be a part of Stars of the Border Dance for Cancer, it would be a fun journey to give back to my Albury Wodonga community. I thought it would be a great charity event to be a part of and connect with different people. It was all that and … Read more
