Blogs & Resources
Key Business Valuation Strategies Every Australian Business Should Know
Knowing your business's true value is essential for making informed decisions about growth, investment, and long-term planning. With evolving market trends and regulatory changes, having a clear understanding of your company's worth can provide a significant...
Estate Planning Considerations in Light of Recent Legislative Changes
Recent legislative updates have introduced significant adjustments to estate planning laws in Australia. These changes may affect how estates are structured, taxed, and distributed, making it essential for individuals to revisit their estate plans to ensure they...
Reserve Bank of Australia’s Monetary Policy Decisions and Economic Outlook
The Reserve Bank of Australia (RBA) held its first monetary policy meeting of the quarter on 1 April and is scheduled to meet again on 19-20 May 2025. These meetings are critical in shaping the country’s economic outlook. The RBA’s decisions on interest rates and...
Division 7A Compliance: Avoiding Unintended Tax Consequences
Division 7A Compliance: Avoiding Unintended Tax Consequences For Australian private company directors, Division 7A of the Income Tax Assessment Act 1936 remains a critical area of compliance. Designed to prevent shareholders and their associates from accessing company...
The Importance of Proactive Tax Planning: Minimising Liabilities and Ensuring a Smooth Transition into the New Financial Year
With the financial year drawing to a close, Australian businesses can make strategic moves to reduce tax liabilities and ensure compliance. Reviewing your financial position now can lead to smarter tax decisions and set your business up for success in the year ahead....
Bookkeeping Check: Preparing for EOFY and Maximising Tax Deductions
Conducting a bookkeeping review is a smart move for Australian businesses as the end of the financial year (EOFY) approaches. Rather than waiting until June 30, assessing your financial records now can help you catch errors, optimise tax deductions, and ensure...
Insights from the 2025 Federal Budget Announcement
The 2025–26 Federal Budget, delivered by Treasurer Jim Chalmers on 25 March 2025, outlines critical measures addressing the ongoing economic pressures that individuals, families, and businesses across Australia are facing. In this review, we’ll break down the key...
Navigating Economic Challenges in 2025: Strategies for Resilience
As 2025 unfolds, Australian businesses are facing a dynamic and uncertain economic landscape. Inflationary pressures, high interest rates, and labour shortages continue to test resilience across industries. Many small and medium-sized enterprises (SMEs) are feeling...
EOFY Prep Tips to Streamline Records, Meet Obligations, and Avoid Scrutiny
As the end of the financial year (EOFY) approaches, businesses must ensure their records are in order to meet compliance requirements and avoid unnecessary scrutiny. While June 30 marks the official EOFY in Australia, the upcoming March 31 period serves as an...
Testamentary Trusts and Strategies to Secure Your Legacy
Estate planning is a crucial step in preserving, protecting, and ensuring the distribution of your wealth according to your wishes. One of the most effective tools available to Australians is the testamentary trust, which offers significant tax benefits and asset...
Division 7A Loans in 2024–2025: How to Avoid Costly Tax Traps and Compliance Pitfalls
Division 7A of the Income Tax Assessment Act 1936 is a critical regulation designed to prevent private companies from distributing profits to shareholders or their associates as tax-free loans. Mismanaging these transactions can lead to unexpected tax liabilities,...
Smart Payment Plans: Meeting Your Tax Obligations Without Disrupting Cash Flow
Struggling to keep up with tax payments without draining your cash flow? You're not alone. Many Australian businesses face this challenge, but the good news is there are ATO-approved solutions to help you stay compliant without financial strain. This article explores...