Category: Business
My car and tax, what can I claim as a business owner?
As a business owner, you can deduct the following expenses for a vehicle carrying less than one tonne and fewer than 9 passengers: fuel ...
Property tax reform
The states are asking the Australian federal government to adopt a new property tax system offering flexibility to home buyers. A buyer would be ...
Victorian Government Small Business Digital Adaptation Program
The Victorian Government announced some grants late last year but did not open them up for application until earlier this year. The Victorian Government’s ...
Accounting for cryptocurrency transactions for tax purposes
Cryptocurrency is a digital asset in which encryption techniques regulate the generation of units and verify transactions on a blockchain. Cryptocurrencies are usually independent ...
$2,000 Small Business Lockdown Assistance Grant – WA
Lockdowns, even short ones can have a huge impact on small business. If you are a small business, it is essential to understand what ...
How can a small accounting practice back up their data on a budget?
Backing up your practice data is essential. Loss of data can cause irreparable damage to a small accounting practice. The rule of thumb is ...
Debt servicing costs should not exceed 30 per cent of income
Debt is useful for buying assets and leveraging to increase our wealth. But how much debt is too much? For the average Australian, debt ...
Surround yourself with success
Whether in your personal life, or business, you are only as good as the people around you. Choose successful friends and circulate with high ...
How to setup an emergency fund
It is important as part of your monthly savings strategy to set aside a specific amount to build up an emergency fund. Life is ...
Exchange traded funds (ETFs) – Growing your money in a zero interest economy
Exchange traded funds (ETFs) offer a low cost, hassle free method to grow your savings with less risk than owning ordinary shares on the ...