Small Business News Bulletin

On the 21st of May 2019, the Australian Taxation Office (ATO) announced an extension to the instant asset write-off threshold.

The threshold has been increased to $30,000, and has also been extended to 30 June 2020. The instant asset write-off was also expanded and now includes those businesses with an annual turnover from $10 million to […]

June 25th, 2019|Accounting, Business Advice, Planning|

Should I lodge online or find a tax accountant?

With the 2019 financial year weeks away from ending, it is time to start thinking about the dreaded “T” word: TAX.

For many people this can be a confusing and stressful time, the biggest question being: “Should I find a tax accountant, or should I do my tax return myself?”. Whilst it can be tempting to […]

June 18th, 2019|Business Advice, News, overdue tax, Planning, Tax|
  • Not-for-profit handover checklist

Not-for-profit administrator’s handover checklist

Handover checklist for not-for-profit administrators
What happens when your not-for-profit organisation’s treasurer leaves? How does the incoming Treasurer know what to do? Here’s a handy checklist to help!

This ATO checklist is for use when your organisation is:

not-for-profit, and
changing the administrator of its tax affairs – for example a treasurer, office bearer or employee involved […]

February 27th, 2019|Accounting, Bookkeeping, Planning|
  • nfp tax help ngo tax help

Not for Profits – Getting Started

When you’re trying to make a real difference to make our world a better place, the last thing you need is to get confused and stressed about the complexities of tax and legal requirements. However, compliance with tax law and other laws is critical to getting your organisation off the ground, so that you can […]

January 29th, 2019|Planning, Tax|
  • business owner wellbeing

Business Owners, Stress & Managing Wellbeing

What keeps you awake at night? A recent MYOB Snapshot found small business owners sacrificing their health for work, with 80% of small business owners losing sleep at night.

The research found:

41% of small business owners said they put their health last because they are time poor and focused on the success of their business.

January 23rd, 2019|Bookkeeping, Business Advice, Cloud Accounting, News, Planning|
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Own a rental property in Australia?

Own a rental property in Australia? Check out the ATO’s latest rental properties guide to help you get your tax return right! Click the link below to go straight to the ATO’s latest guide.

If you’re time poor and would prefer to outsource your tax return preparation and lodgement while ensuring you don’t make a mistake […]

July 10th, 2018|News, Planning, SMSF, Tax|

Need a community grant? Meet Lisa!

Need a community grant? Meet Lisa, a successful Redlands grant writer and owner of Grants Plus Consulting.

We know not for profit organisations rely on successful applications for community grants to continue to do the wonderful work in the community that many rely on.  Did you know many organisations tap the smarts of local grant writers […]

June 4th, 2018|Business Advice, News, Planning|
  • abn cancelled

“My ABN has been cancelled!” Understanding your entitlement to an ABN…

Has your ABN been cancelled?  Confused about whether you’re entitled to an ABN?

If your ABN is cancelled the impact on your business and income can be significant and distressing. This is a hot topic right now for sole traders and contractors and businesses in Australia –

There is no automatic entitlement to an ABN. To be entitled to […]

April 10th, 2018|Accounting, Business Advice, News, Planning|