Generate Blog

Are small business losses tax deductible?

It's common for small businesses, any business for that matter, to run at a loss in the first few years of operation as the business is established, staff are trained up, customers are found, etc. The question is, can you claim a tax deduction for these losses at some stage, or are they lost forever?

Read More

What is Single Touch Payroll?

Single Touch Payroll is a reporting system that allows the ATO to get access to your business payroll data every single time you make a pay run. It's not necessarily more work for you, but you do need to make sure you've got the right systems in place to keep the tax man happy.

Read More

Insider tips on what it takes for your tech startup to succeed

Let’s say you’ve got a great idea for a business. Or an app. Or software startup. You’re confident that it will be a success. You’re confident in your own abilities. You’re ready to make the leap.

Read More

What grants are available for hiring new staff?

There are quite a few different schemes out there designed to encourage business owners to hire more people and we're going to take a look at two cash back schemes that are simple to access, yet not widely known.

Read More

What's in it for me? Budget 2018

Considering you're all no doubt nursing  budget night hangovers, I thought it might be useful to provide you with a quick summary of the major announcements made during the 2018 budget that might affect you, our readers, just in case you've forgotten what happened last night.

Read More

Can I claim a tax deduction for my bicycle?

Do you ride your bicycle to work or client meetings? If so, you may have wondered whether you can claim a tax deduction for it and thus help you justify the purchase of those new Zipp wheels which you simply must have for commuting. In this post we take a quick look at how the deduction rules apply to the humble bicycle.

Read More

Our guide to startup lingo

With a government slapping the word 'innovation' on everything from buildings to tax breaks, sharks in tanks on our TV screens and young tech billionaires answering the questions of a clueless US congress, you're no doubt inundated with information about "startups" all described using a language that you're not entirely sure that you follow. Rest easy, fellow e-traveller, in this article we'll take a look at what the lingo means so you can effectively call BS when confronted with it (and confronted with it you will be).

Read More

Are you at risk of an ATO audit?

If you saw the recent Four Corners investigation into the ATO which alleged questionable revenue raising tactics you may be worried about the exposure your own business might have to review or audit from the ATO. In this article we'll take a look at what the ATO are focusing on and how you can best protect your business and yourself personally from investigation.

Read More

What is a lifestyle business?

You may have heard the term 'lifestyle business' being bandied about and you've nodded sagely without really knowing what it means, but with knowing that you didn't want to ask and sound foolish. If that sounds familiar, then this post is for you. We're going to take a look at what exactly is meant by 'lifestyle business' and why it's such a desirable thing.

Read More

Why you really need to stay up-to-date with your superannuation payments

Superannuation forms an important part of the remuneration of employees and certain contractors and the government enforces non-compliance accordingly. So it's important to really understand what your obligations are when it comes to paying superannuation and what could possibly happen if you fall behind. In this article we'll take a look at both.

Read More

sign-up for our monthly newsletter

Most Popular Posts

Recent Posts