Your Small Business EOFY Checklist

Your Small Business EOFY Checklist

What Every Small Business Owner Needs to Do Before 30 June Don’t Wait Until the Last Minute – Start Tax Planning Now The end of the financial year is one of the most important times on the Australian business calendar. For small business owners, it can...
From Air Fryers to Swimwear: Tax Deductions To Avoid

From Air Fryers to Swimwear: Tax Deductions To Avoid

As we head into the 2025 tax season, I’m reminded of some of the more creative work-related expense claims that have crossed my desk – and unfortunately, the ATO’s rejection notices that followed. While I appreciate entrepreneurial thinking, there’s...
Final Call On $20k Instant Asset Write Off

Final Call On $20k Instant Asset Write Off

Maximise Your Tax Savings with the $20,000 Instant Asset Write-Off Before 30 June 2025 As the financial year draws to a close, it’s crucial for small business owners to seize every available opportunity to optimise their tax positions. One such opportunity is...
Customer Lifetime Value: Why Does It Matter?

Customer Lifetime Value: Why Does It Matter?

Understanding Customer Lifetime Value for Your Business At TSP, we know that measuring customer lifetime value (CLV) is crucial for businesses to maximize profitability and growth. CLV represents the total revenue a customer will generate for your company over the...