New superannuation measures which will enable Australians aged 65 and 66 to be able to make voluntary superannuation contributions has been announced by the Treasurer. Treasurer Josh Frydenberg has announced a new measure which will enable Australians approaching their retirement years to make voluntary superannuation contributions, both concessional and non-concessional, without meeting the work test. …
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Having an online presence is vital to ensure that businesses stay relevant in the digital age. For most companies, a simple social media page just doesn’t cut it and a ‘proper’ website is needed. Luckily, as the world embraces the digital age, it’s easier to create a website than ever before. With a huge range…
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What’s The Secret To Buying My First Home? Saving for a home loan or mortgage isn’t glamorous but it has to be done. So here are some savings tips for first home buyers to help get you into the property market. How much should I be saving? One of the first rules of saving is…
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So now you’ve used your business software to produce a Profit & Loss Statement, how do you use that information to your advantage? The first insight you can gain from your Profit and Loss Statement begins by simply looking at the bottom line. Did you make a profit or a loss? Are you making enough?…
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A logo is one of the building blocks of creating a brand. If executed successfully, it can have tremendous impact and influence, helping to take your small business to the next level. As you prepare to get your business off the ground, designing a logo can seem like your last priority. However, once you have…
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In a highly competitive industry, retailers need to remain up-to-date. A retail business won’t thrive unless key areas are met. From making sure you have the right products to a great social media presence, this checklist has it covered. 1. CHECK YOU ARE OFFERING THE RIGHT PRODUCTS Whether your retail business focuses on one primary…
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So it’s nearing the end of June and you might think that it’s too late to do anything to reduce your tax before June 30, right?
Most small businesses now know about the $20,000 tax offset provided by the ATO that was introduced on 12th May 2015. What many of you may not know is that this write off will be reduced to $1,000 from 1st July 2018*
It is fast approaching the 30th of June so now is the time to run through a checklist of what you need to do prior to the end of the financial year.
Finance Friday #7 | End of financial year express equipment finance What would you spend $150k equipment finance on in your business? End of financial year express equipment finance What would you spend $150k in equipment finance on in your business?Mick Doyle is credit representative 495495 of BLSSA Pty Ltd, ACN117651760 (Australian Credit Licence 391237)…
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Every year news outlets flood us with information about changes in the budget, all manor of issues are covered and their consequences for individuals and businesses are highlighted to all. As can be the case with news media, some of the information is sensationalised and some of it complex so the truth, the actual impact…
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You can claim a deduction for repairs and maintenance to your property as long as they are not capital expenses. Many landlords forget about the new tap or roof repair as their primary focus is on the rental returns and capital gains.
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