12
Apr 2016
5 Easy Steps to Improve Your Profit Margin
As a business owner, if it is costing you more money to create your product than you are making when you sell it—you have problems. But how do you calculate your ideal profit margin? And once you do so, what are some ways to maximize it easily?
Here are some common misconceptions about deductions that many taxpayers commonly believe to be claimable, but are typically rejected by the Tax Office. While some are obviously not allowable, others may surprise – and all been genuinely been attempted to be claimed!
Here are some common misconceptions about deductions that many taxpayers commonly believe to be claimable, but are typically rejected by the Tax Office. While some are obviously not allowable, others may surprise – and all been genuinely been attempted to be claimed!
17
Jul 2015
A Refresher on Debt-to-Equity Ratio
When people hear “debt” they usually think of something to avoid — credit card bills and high interests rates, maybe even bankruptcy. But when you’re running a business, debt isn’t all bad. In fact, analysts and investors want companies to use debt from Commercial Collection Services to smartly fund their businesses.
17
Jul 2015
A Refresher on Debt-to-Equity Ratio
When people hear “debt” they usually think of something to avoid — credit card bills and high interests rates, maybe even bankruptcy. But when you’re running a business, debt isn’t all bad. In fact, analysts and investors want companies to use debt from Commercial Collection Services to smartly fund their businesses.
02
Jul 2015
FAQ: $20k instant write-off
Following the Federal Governments recent budget announcement regarding the $20,000 immediate asset write-off, there has been a lot of interest in the details. In this post we address some of the more common queries.
02
Jul 2015
FAQ: $20k instant write-off
Following the Federal Governments recent budget announcement regarding the $20,000 immediate asset write-off, there has been a lot of interest in the details. In this post we address some of the more common queries.
01
Jul 2015
Work-related car expenditure options reduced
From 1 July 2015 taxpayers will only have two methods available to calculate and claim their work-related car expenses – the cents per kilometre and log book methods. Additionally, the sliding scale of deductions available under the cents per kilometre method based on vehicle engine size will be removed and replaced by a flat rate for all vehicles. The change is expected to result in budget savings over the forward
01
Jul 2015
Work-related car expenditure options reduced
From 1 July 2015 taxpayers will only have two methods available to calculate and claim their work-related car expenses – the cents per kilometre and log book methods. Additionally, the sliding scale of deductions available under the cents per kilometre method based on vehicle engine size will be removed and replaced by a flat rate for all vehicles. The change is expected to result in budget savings over the forward
21
May 2015
Fellow of the CPA
We were fortunate earlier this week to witness the induction of our Principal, Lloyd Priddle, as a Fellow of Certified Practising Accounts (CPA) Australia. Founded in 1886, CPA Australia is one of the world’s largest accounting bodies, with more than 150,000 members across 121 countries. Core services to members include education, training, knowledge exchange, technical support, networking and advocacy. Only highly-experienced CPAs can become a Fellow of CPA Australia (FCPA), so