Oct 18, 2024 | Small Business, Succession Planning, Taxation, Trust Accounts
Family trusts can be an important tool for protecting and distributing wealth within families in Australia. Whether you’re interested in shielding your assets, benefiting from tax advantages, or simply planning for the future, a family trust offers an effective...
Oct 15, 2024 | Self Managed Super Funds, Superannuation
Self-Managed Super Funds (SMSFs) are becoming an increasingly popular option for Australians looking to take control of their retirement savings. But while the idea of managing your own super sounds appealing, it’s not a decision to be taken lightly. There are a range...
Oct 9, 2024 | Business Assets, Business Growth
As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have changed, customer behaviours have mutated and revenue streams have had to evolve and pivot in order to maintain a profitable business model....
Oct 4, 2024 | Bookkeeping, Business Growth, Small Business, Taxation
Accountants vs Bookkeepers If you run a business in Newcastle or the surrounding areas, you know how important sound financial management is to your success. One of the cornerstones of financial management is ensuring your bookkeeping is accurate and up to date. But...
Sep 20, 2024 | Investment Property
Here’s what you need to know. Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up. The Australian Taxation Office (ATO) has...