Asset Finance
As a business owner, getting ready for tax time can be stressful. We understand. To ease the burden, we’ve put together some quick tips to help take the pain out of tax time. 1. Book in with your accountant The first place to start is to book in with your accountant. They can work through…
Have you heard of the Government’s instant asset write-off? If you haven’t, it’s worth tuning in. The scheme allows eligible businesses to potentially claim an immediate tax deduction for qualifying assets up to $150,000. It has been extended until June 30, 2023. Here’s a quick overview of how the instant asset write-off works and how…
The Reserve Bank of Australia’s (RBA) decision to increase the official cash rate for the second month in a row has had widespread ramifications. For small and medium business owners, you may be wondering what the implications of the cash rate rises are and how your business will be affected. Let us explain. The decision…
It’s a busy time of year for small businesses and SMEs, as tax time looms. Fear not – the end is in sight, and we’re here to support you through the next few months. Whether you’re looking to make the most of the Government’s SME Recovery Loan Scheme before it ends (you’d better get in…