Recent and Proposed Changes to FBT Laws

Recent and Proposed Changes to FBT Laws

Employment benefits are often used to acknowledge and compensate employees for their important contribution to the business. Certain benefits such as the private use of a car or vehicle, the payment of private expenses and some types of...

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How Do I Pay Myself From My Business?

How Do I Pay Myself From My Business?

When a business becomes profitable, many business owners pay themselves in different ways, often unaware of the tax consequences that those payments can have on their business and personal finances. Many business owners pay themselves by: Paying...

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Tax Implications Of Crowdfunding

Tax Implications Of Crowdfunding

Crowdfunding is an effective way to find a large number of supporters and contributors who can provide funds for a cause, project or venture. Often conducted through benefit events, internet platforms, websites, or mail-order subscriptions...

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Top 5 Ways To Finance Australian SMEs

Top 5 Ways To Finance Australian SMEs

Many different factors go into starting and scaling a successful small or medium enterprise (SME). But what may be the most important factor of all is how you choose to financially support it. In this post we are going to discuss the top 5 ways...

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Why the customer is not always right

Why the customer is not always right

As a Western Sydney business owner or manager, you may have repeatedly heard that the key to customer satisfaction is to maintain that the ‘customer is always right’ in every situation. This motto was popularized by pioneering and successful...

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Why Your Profit And Loss Statement Matters

Why Your Profit And Loss Statement Matters

A number of entrepreneurs and owners of small to medium sized businesses do not feel entirely comfortable trying to decipher their monthly financial reports, including their profit and loss statement. Even more do not understand how to properly...

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