News

RSS Feed

b-Mail

Small business is tough – cashflow, sales, marketing, tax, operations, distribution, legal – you have to be an expert in all of them! So it’s our goal to make sure we are truly pro-active in teaching business owners “how to keep getting better in business”.

So what does b-Mail stand for?

b-Mail stands for many things – “business mail”, b-motivated”, “b-proactive”, etc. b-Mail is your premium source of cutting edge business ideas, strategies and tools packed with more “how to’s” and “show me’s” than the “average e-newsletter” can provide.

15-Dec-2016 Robson Partners

Read more

SMSFs need to prepare for the new transfer balance cap

Legislation introducing changes to the superannuation regime were recently passed by Parliament.

15-Dec-2016 Robson Partners

Read more

Extending the festive cheer (in a tax efficient way)

The festive season is here again, and as with other years it is always brimming with the spirit of giving. The list of practical ways in which Australians spread goodwill is as endless as a Christmas wreath. The ATO also gets into the spirit of the season, but of course feels required to set some limits.

15-Dec-2016

Read more

Client in Focus - Mega Save Chemist

This month's Client in Focus is the well-known Mega Save Chemist, Erina.

We chat with owner, Luca Boffo, about how he got into pharmacy and how he, his business and his team have developed and tackled challenges.

15-Nov-2016

Read more

Client in Focus: Intouch Hair Creations

This month's Business in Focus is Intouch Hair Creations.

We speak with owner, Amanda Kassis, on the recent startup of her new hairdressing business and discuss the challenges she and her team have overcome.

15-Nov-2016 Robson Partners

Read more

TED Talks: Rachel Botsman - We've stopped trusting institutions and started trusting strangers

Something profound is changing our concept of trust, says Rachel Botsman. While we used to place our trust in institutions like governments and banks, today we increasingly rely on others, often strangers, on platforms like Airbnb and Uber and through technologies like the blockchain. This new era of trust could bring with it a more transparent, inclusive and accountable society - if we get it right. Why do you trust?

15-Nov-2016

Read more

Borrowed money to pay a business tax debt? Is the interest deductible?

It's a question that the ATO has been asked very infrequently, but after the third such request it decided to issue a ruling - which still stands.

What types of legal expenses are allowable as tax deductions?

When a legal expense is incurred in relation to the operation of a business for the purpose of producing assessable income, it is generally allowable as a deduction. Exceptions are when the legal fee is capital, domestic or private in nature, if it is specifically excluded by another section of income tax legislation, or is incurred in earning exempt and non-assessable non-exempt income.

15-Nov-2016

Read more

Trusts demystified

A dictionary definition of a trust is: “A fiduciary relationship in which one person (the trustee) holds the title to property (the trust estate or trust property) for the benefit of another (the beneficiary).”

Why create a trust?

17-Oct-2016 Robson Partners

Read more

TED Talks: Olivier Scalabre - The next manufacturing revolution is here

Economic growth has been slowing for the past 50 years, but relief might come from an unexpected place - a new form of manufacturing that is neither what you thought it was nor where you thought it was.

Industrial systems thinker Olivier Scalabre details how a fourth manufacturing revolution will produce a macroeconomic shift and boost employment, productivity and growth.

17-Oct-2016 Robson Partners

Read more

General facts about winding up your business

There are times where business owners, whether voluntarily or involuntarily, may need to wind up their business.

It is generally less complicated to wind up the business of a sole trader (who has declared "bankruptcy") than to wind up a business run through other structures.

For companies, the terms typically used would be to "go into administration" or "liquidation"

A sole trader is less complicated to wind up because the principal of the business is also personally responsible for all debts and liabilities accrued by that business.

17-Oct-2016 Robson Partners

Read more

$20,000 write off is only available for small business, unless...

There is an under-used gem hidden within the small business simplified depreciation rules that in some circumstances can widen the opportunity to access this valuable deduction.

17-Oct-2016 Robson Partners

Read more

Retirees spend modestly, despite levels of income

New research has revealed that most retirees do not spend as much as has been thought in retirement, and that this does not vary as much as expected regarding income levels - apart from the lowest income households. The study also suggests that policy proposals regarding superannuation tax concessions may miss the mark as far as influencing the ability of retirees to fund their lifestyles.

15-Sep-2016 Robson Partners

Read more

TED Talks: James Veitch - The agony of trying to unsubscribe

It happens to all of us - you unsubscribe from an unwanted marketing email, and a few days later another message from the same company pops up in your inbox.

Comedian James Veitch turned this frustration into whimsy when a local supermarket refused to take no for an answer. Hijinks ensued.

15-Sep-2016 Robson Partners

Read more

Winning gold in retirement savings

Our Olympian contingent arrived back from from Rio with a collective 29 medals, eight of them gold, securing Australia 10th place overall. But our Olympic champions take extra comfort knowing that they are back in a country where self managed superannuation funds are consistently taking 1st place and standing on the highest podium to take the gold medal for best performance.

15-Sep-2016 Robson Partners

Read more

Home renovations - Overlooked tax deductions for investors

Many investment property owners may be missing out on valuable property depreciation entitlements, simply by not being up-to-speed on what is and is not depreciable.

15-Sep-2016 Robson Partners

Read more

8 tips to avoid cybercrime

As digital customers, we use the internet everyday to login to personal and banking accounts, check news updates or to log on to social media. We perform so many tasks using the internet, believing that it's safe, that we tend to neglect security and preventative measures to deter cyber-criminals and fraudsters.

15-Aug-2016 Robson Partners

Read more

Business in Focus: Stuart Pinfold, Property Developer: Stackbrae, Lake Wanaka

This month's Business in Focus is New Zealand resident and property developer Stuart Pinfold who is building an exciting new development on the shores of lake Wanaka, New Zealand, called Stackbrae, Lake Wanaka.

We speak with Director Stuart Pinfold to learn more about this amazing development and the attractiveness to both Australian and New Zealand property buyers.

15-Aug-2016 Robson Partners

Read more

TED Talks: Casey Gerald - The gospel of doubt

What do you do when your firmly held benefits turn out not to be true?

When Casey Gerald's religion failed him, he searched for something new to believe in - in business, in government, in philanthropy - but found only false saviors. In this moving talk, Gerald urges us all to question our beliefs and embrace uncertainty.

15-Aug-2016 Robson Partners

Read more

Rebate Scheme - Jobs Action Plan

The 2016-17 Budget, announced by NSW Treasurer Gladys Berejoklian recently, has tweaked the government's Jobs Action Plan, which provides payroll tax rebates for eligible businesses hiring new staff.

Starting from July 31, 2016, businesses will only be eligible for the rebate if they employ 50 or less full-time equivalent (FTE) employees.

15-Aug-2016 Robson Partners

Read more

I'm a volunteer. Any taxing issues?

From sporting clubs or environmental groups to many charity associations, volunteers are an indispensable workforce and support network for many organisations. For most, if not all, having volunteers ready to lend a hand is pivotal in them being able to function or survive.

15-Aug-2016 Robson Partners

Read more

5 smart things to do with your tax refund

For many people, their tax refund is treated like a mini lottery win. This tax time, consider putting your "gift" from the ATO to good use and silencing the part of you that wants to fritter it away on things that expire.

15-Aug-2016 Robson Partners

Read more

Real estate - Buyers turned into tax collectors

New withholding rules on the sale of property by foreign residents have been introduced. This essentially turns property buyers into potential tax collectors.

15-Jul-2016 Robson Partners

Read more

TED Talks: Shivani Siroya - A smart loan for people with no credit history (yet)

Trust: How do you earn it? Banks use credit scores to determine if you're trustworthy, but there are about 2.5 billion people around the world who don't have one to begin with - and who can't get a loan to start a business, buy a home or otherwise improve their lives.

15-Jul-2016 Robson Partners

Read more

Novated leases explained

Wrapping a car into a salary package is a popular choice. Doing so by salary sacrifice often raises the topic of novated leases. Is it worth it?

15-Jul-2016 Robson Partners

Read more

Work deductions - What's on the taxman's radar?

The ATO says that this year it will pay extra attention to people whose deduction claims are higher than expected, in particular those claiming car expenses.

The expenses the ATO says it will be scrutinising can include claims by those transporting bulky tools, and deductions for travel, internet and mobile phone as well as claims for self-education expenses.

15-Jul-2016 Robson Partners

Read more

Client in Focus: Big Tuna Fish Co.

We speak with Director, Victoria Karozis, on behalf of owner, Alma Bogie on the success of her seafood restaurant and discuss the mindset shifts within the business.

15-Jun-2016 Robson Partners

Read more

TED Talks: Knut Haanaes - Two reasons companies fail - and how to avoid them

Is it possible to run a company and reinvent it at the same time? For business strategist Knut Haanaes, the ability to innovate after becoming successful is the mark of a great organisation.

He shares insights on how to strike a balance between perfecting what we already know and exploring totally new ideas - and lays out how to avoid two major strategy traps.

15-Jun-2016 Robson Partners

Read more

Smart budgeting

Smart budgeting is a crucial component of long-term financial success for people of all ages, even if you are financially stable and hold healthy reserves of assets and wealth.

15-Jun-2016 Robson Partners

Read more

Email scam fraud awareness

Business email scams are an increasingly common fraud and many businesses around the world are losing hundreds of thousands of dollars. The FBI stated that thieves stole US$2 billion from US businesses from October 2013 to February 2016. Many Australian businesses are also being targeted.

02-Jun-2016 Robson Partners

Read more

Trust Essentials

Trust structures and their use can often be misunderstood - we demystify some of the jargon.

01-Jun-2016 Robson Partners

Read more

Top Gun Award Winner - Ros Mitchell

We are pleased to announce Office Manager, Ros Mitchell, as our Top Gun Award winner for July 2017. Robson Partners would like to thank Ros for being a great asset to the company, bringing with her a "can-do" attitude towards any challenge she approaches, and being a huge support to her peers. Well done, Ros!

16-May-2016 Robson Partners

Read more

The top reasons we ask for financial help

Most people choose to see a financial adviser at significant turning points in their life, according to David Evers from Gosford Accounting and Financial Planning firm Robson Partners.

David Evers says “I usually see people set up a meeting for advice when starting work or changing jobs and looking at superannuation options.”

16-May-2016 Robson Partners

Read more

Client in Focus: Jimmy G's

We speak with owner, James Nouri, on the success of his cafes and restaurants on the coast and discuss the challenges he and his team experience in the day-to-day operations of the business.

16-May-2016 Robson Partners

Read more

TED Talks: Adam Grant - The surprising habits of original thinkers

How do creative people come up with great ideas? Organisational psychologist Adam Grant studies "originals": thinkers who dream up new ideas and take action to put them into the world.

16-May-2016 Robson Partners

Read more

Investing for income

A diversified investment portfolio has the potential to generate an income that you could use now or put away for your future. To achieve this desired income, you need to work with a financial adviser to set realistic goals and a clear plan for how you will achieve them. In this article, we help clarify what expectations you might set in order to achieve this desired investment income.

16-May-2016 Robson Partners

Read more

Will you achieve the retirement you want?

The thought of retirement planning seems to be looming in the back of many Australian's minds, but is consistently pushed back when life events arise.

16-May-2016 Robson Partners

Read more

FBT exemptions under the radar

Providing fringe benefits goes hand-in-hand with the task of retaining good and loyal employees as well as attracting new talent for your business. However, the types of benefits provided can sometimes relieve the compliance headache.

15-Apr-2016

Read more

Business assets, personal use?

Is there a problem with using your company's assets for yourself? Assets that belong to your business but that are being used for your own benefit or enjoyment can potentially trigger a tax issue known as "Division 7A".

15-Apr-2016

Read more

Simple steps... Avoid the traps

Avoiding common financial traps by following some very simple steps could provide a healthy boost to your savings and retirement wealth.

15-Apr-2016 Robson Partners

Read more

The How To's Of Increasing Your Cash Flow

Proper forecasting is essential for the long-term success of your business – particularly when it comes to cashflow.

Cashflow is generally cited by the small business owners I work with, as their NUMBER ONE concern. Many are regularly caught unaware by cashflow shortages, a situation which in turn severely restricts their ability to grow their business as they’d like.

15-Apr-2016 Robson Partners

Read more

Client in Focus: My Baby Basics

We speak with Sally Maxwell, business owner of My Baby Basics on her startup success and discuss the challenges she and her team face.

15-Apr-2016 Robson Partners

Read more

Robson Partners acquires Hypertax

On the back of our successful acquisition of Broadview Accounting in September last year, we are now are excited to announce our recent acquisition of Erina accounting firm, Hypertax.

15-Mar-2016 Robson Partners

Read more

Client in Focus: Gourmet Organic Herbs

This month's Client in Focus is Gourmet Organic Herbs.

We speak with Anibal on the success of his and his wife's business and explore the challenges they currently face.

15-Mar-2016 Robson Partners

Read more

TED Talks: Audrey Choi - How to make a profit while making a difference

Can global capital markets become catalysts for social change?

15-Mar-2016 Robson Partners

Read more

How much do you need to retire?

When it comes to superannuation and retirement savings, it seems that size really does matter.

15-Mar-2016 Robson Partners

Read more

Plan for Success

As with most life goals, a financial objective is hard to meet without a plan. On the other hand, discussing the process with a professional, putting pen to paper and envisioning the steps to long-term success brings that goal into focus and makes it a reality.

15-Mar-2016 Robson Partners

Read more

Automatic cancelling of the ABNs of inactive trusts

From February onwards, the registrar of the Australian Business Register will begin cancelling the Australian business numbers (ABNs) of certain trusts.

09-Mar-2016 Robson Partners

Read more

Debbie Bloffwitch and client Sally Hart conquer the Fred Hollows Foundation Coastal Trek

On Friday, 4 March 2016, Client Service Manager Debbie Bloffwitch and client Sally Hart participated in the Coastrek 55km team trekking challenge which journeyed from Palm Beach to Balmoral in support of The Fred Hollwows Foundation and their work towards ending avoidable blindness here in Indigenous Australia and in developing countries around the world.

15-Feb-2016 Robson Partners

Read more

Client in Focus: Central Coast Disability Network

Our client in focus for this month is Central Coast Disability Network.

We speak with CEO, Jenny MacKellin, on the establishment of the organisation, discussing its' changes over time and how the team has responded to recent challenges within the industry.

15-Feb-2016 Robson Partners

Read more

TED Talks: Achenyo Idachaba - How I turned a deadly plant into a thriving business

The water hyacinth may look like a harmless, even beautiful flowering plant - but it's actually an invasive aquatic weed that clogs waterways, stopping trade, interrupting schooling and disrupting everyday life.

In this scourge, green entrepreneur Achenyo Idachaba saw opportunity. Follow her journey as she turns weeds into woven wonders.

15-Feb-2016 Robson Partners

Read more

Estate planning - what you need to know

Estate planning involves much more than having an up to date WIll. It is more important to ensure that your assets are distributed in the most effective manner and without adverse tax consequences for your beneficiaries.

15-Feb-2016 Robson Partners

Read more

The quick and easy way to keep track of your deductions - all year

The Tax Office has released an app to help individuals record and manage income tax and work-related expense deductions over an annual period.

15-Feb-2016 Robson Partners

Read more

Mandatory drug and alcohol testing under the Building Code 2013

From Friday 16 October 2015, the new fitness for work amendments to the Building Code 2013 commenced for all building contractors covered by the Building Code. Fair Work Building & Construction (FWBC) is responsible for monitoring compliance with the Building Code and will have a three stage approach to auditing the drug and alcohol testing requirements.

15-Jan-2016 Robson Partners

Read more

Client in Focus: Cateraid

Our client in focus for this month is Cateraid.

Passionate owner, Greg Stephenson, shares with us the success of his business and discusses the challenges he and his team overcome on a day-to-day basis.

15-Jan-2016 Robson Partners

Read more

TED Talks: Danit Peleg - Forget shopping. Soon you'll download your new clothes

Downloadable, printable clothing may be coming to a closet near you. What started as designer Danit Peleg's fashion school project turned into a collection of 3D-printed designs that have the strength and flexibility for everyday wear.

"Fashion is a very physical thing," Danit says. "I wonder what our world will look like when our clothes will be digital."

15-Jan-2016 Robson Partners

Read more

5 things you need to know to ride out a volatile stock market

15-Jan-2016 Robson Partners

Read more

Building a new home? Is it exempt from CGT?

There is a concession in the CGT rules that can allow a taxpayer to treat a property as their "main residence" even though it does not yet have a habitable dwelling.

15-Jan-2016 Robson Partners

Read more

Taxpayers still guilty until proven innocent

Small business and individual taxpayers hit with hefty tax bills that they want to dispute will continue to be held guilty until proven innocent, and the Australian Taxation Office won't have its appeals and compliance functions split under a separate commissioner, the Federal Government has said.

17-Dec-2015 Robson Partners

Read more

Dollar Cost Averaging

Making regular deposits into an investment fund can provide you with significant benefits.

By making small regular deposits rather than one large lump sum deposit, you can reduce the vulnerability of your investment to market fluctuations. For example, if you commit to investing $1,000 a month in January. With a unit price of $1.00, your first instalment purchases 1,000 units. The next month, you invest another $1,000 but this time the unit price has risen to $1.10, buying you 909 units. This is illustrated in the table below.

15-Dec-2015 Robson Partners

Read more

Business in Focus: Coast Shelter

Robson Partners recently raised a significant sum of money and chose to donate this money to Coast Shelter, a local organisation helping those in need here on the Central Coast. We speak with Executive Officer, Laurie Maher, to discuss the support they provide to disadvantaged people and how they have grown to become a well known "safe place" on the Coast.

15-Dec-2015 Robson Partners

Read more

TED Talks: Regina Hartley - Why the best hire might not have the perfect resume

Given the choice between a job candidate with a perfect resume and one who has fought through difficulty, human resources executive Regina Hartley says to always give the "Scrapper" a chance.

As someone who grew up with adversity, Hartley knows that those who flourish in the darkest of spaces are empowered with the grit to persist in an ever-changing workplace.

"Choose the underestimated contender, whose secret weapons are passion and purpose," she says. "Hire the Scrapper."

15-Dec-2015 Robson Partners

Read more

Savings and silly season

Don't let the Christmas holidays undo your great work throughout the year. Be aware of spending patterns to turn silly season into savings season.

15-Dec-2015 Robson Partners

Read more

Boxing Day trading changes and NSW public holidays

The NSW Parliament has passed the Retail Trading Amendment Bill 2015 (NSW) which will allow all shops across NSW to open their doors on Boxing Day. It is important to note that employees must freely elect to work and there are significant penalties for employers who roster workers without their consent.

15-Dec-2015 Robson Partners

Read more

ATO targets rentals and work deductions

The Australian Taxation Office expects to contact more than 350,000 taxpayers who have errors in their tax returns and cross-check data from third parties as it moves to clamp down on dodgy claims.

16-Nov-2015 Robson Partners

Read more

TED Talks: Tom Wujec - Got a wicked problem? First, tell me how you make toast

Making toast doesn't sound very complicated - until someone asks you to draw the process, step by step. Tom Wujec loves asking people and teams to draw how they make toast, because the process reveals unexpected truths about how we can solve our biggest, most complicated problems at work.

Learn how to run this exercise yourself, and hear Tom's surprising insights from watching thousands of people draw toast.

16-Nov-2015 Robson Partners

Read more

Client in Focus: Hot Chilli Source

We speak with owners, Jason and Melanie Stenning, on the expansion of their business and their success over the last 12 months.

16-Nov-2015 Robson Partners

Read more

Protecting your Xero Organisation Online Security

There seems to have been an increase in phishing scams using Xero's branding. A phishing scam is when a malicious email targets people by pretending to be from a legitimate company like Xero or a bank, to gain sensitive information such as login credentials.

16-Nov-2015 Robson Partners

Read more

Parliament gives Fair Work Amendments the Green Light

The Federal Parliament has finally passed a range of changes that have been 'log jammed' in the Senate for well over a year now.

16-Nov-2015 Robson Partners

Read more

Food for (tax) thought, and the GST debate

There may be several positives to come out of the government's push for tax reform, with the various submissions to its Re:think initiative from industry and the wider taxpaying community.

15-Oct-2015 Robson Partners

Read more

Top 5 avoidable tax mistakes small business owners keep

It's something of a little white lie, isn't it - the one told to aspiring small business owners and entrepreneurs is that hard work guarantees success.

15-Oct-2015 Robson Partners

Read more

Simple steps... No regrets

Avoiding common financial traps by following some very simple steps could provide a healthy boost for your savings and retirement wealth. Here we outline several everyday errors that could affect anybody - from first-time savers to serious investors.

15-Oct-2015 Robson Partners

Read more

Client in Focus: Allcoast Locksmiths

We speak with owner, Nicole Dimech, on the successful expansion of the family business, and discuss the challenges faced when merging two businesses.

15-Sep-2015 Robson Partners

Read more

TED Talks: Barry Schwartz - The way we think about work is broken

What makes work satisfying? Apart from a paycheck, there are intangible values that, Barry Schwartz suggests, our current way of thinking about work simply ignores. It's time to stop thinking of workers as cogs on a wheel.

15-Sep-2015 Robson Partners

Read more

Insuring your life, naturally

A healthy lifestyle is a smart investment in the future, not only for you but also for your family. What does science say an individual can do to improve their chances of longevity?

15-Sep-2015 Robson Partners

Read more

5 ways to stop email ruling your life

When email first started infiltrating its way into mainstream business culture, it was very exciting for email novices to receive a notification for their inbox.

Fast forward a couple of decades and most desktops and smartphones are brimming with notifications of bursting inboxes, adding far more stress than excitement to the daily lives of email users. If your inbox is starting to rule your life, we've got a few tips to help you take back control and stop being a slave to your email.

15-Sep-2015 Robson Partners

Read more

Four rental property deductions under scrutiny this tax season

This tax time the Tax Office is specifically targeting excessive or inappropriate deductions made by rental property owners.

The Tax Office has revealed four problem areas where landlords may be incorrectly or inadvertently claiming deductions that don't suit their circumstances. They've also included case studies so that landlords can clearly and easily identify if they're being compliant in these areas.

15-Sep-2015 Robson Partners

Read more

Robson Partners acquires Broadview Accounting

Robson Partners are excited to announce their recent acquisition of Talos accounting practice, Broadview Accounting via a private sale agreement.

17-Aug-2015 Robson Partners

Read more

TED Talks: Shai Reshef - An ultra-low-cost college degree

At the online University of the People, anyone with a high school diploma can take classes toward a degree in business administration or computer science - without standard tuition fees (though exams cost money).

Founder Shai Reshef hopes that higher education is changing "from being a privilege for the few to a basic right, affordable and accessible for all."

17-Aug-2015 Robson Partners

Read more

Teaching kids about cash

Many valuable lessons are learned throughout life. One of the most important to pass on to kids is about the value of money. But how do you do it?

17-Aug-2015 Robson Partners

Read more

Xero - Opening the door to financial services for small business

Every business needs capital to grow. You have to hire staff, purchase equipment and invest for the future. That need is even more important for small businesses, but for many, capital can be hard to come by.

17-Aug-2015 Robson Partners

Read more

Government announces Small Business Grant

The Small Business Grant is designed to encourage small businesses that do not pay payroll tax to employ new full-time, part-time and casual workers and expand their enterprises across NSW.

15-Jul-2015

Read more

TED Talks: Margaret Heffernan - Why it's time to forget the pecking order at work

Organisations are often run according to "the superchicken model," where the value is placed on star employees who outperform others. And yet, this isn't what drives the most high-achieving teams.

Business leader Margaret Heffernan observes that it is social cohession - built every coffee break, every time one team member asks another for help - that leads over time to great results.

It's a radical rethink of what drives us to do our best work, and what it means to be a leader. Because as Heffernan points out: "Companies don't have ideas. Only people do."

15-Jul-2015 Robson Partners

Read more

Client in Focus: Campbell Building Material

This month's Client in Focus is Campbell Building Materials.

We chat with business owners, Mark and Cheryl Campbell on their success since taking over ownership of their business, formerly known as Eaton Building Materials.

15-Jul-2015 Robson Partners

Read more

Winning the money mind games

Success in generating long-term wealth has a lot to do with awareness of the tricks money can play on your mind. How many of these do you recognise?

15-Jul-2015 Robson Partners

Read more

Strangest tax deductions the ATO will allow

Dog food, Xboxes and make-up for dead people are just some of the bizzare claims the ATO will allow.

15-Jul-2015 Robson Partners

Read more

Need to know - What's new in tax for individuals?

The Tax Office says before taxpayers complete their tax return, there are some changes people need to be reminded of, just in case these changes will have an impact on their tax returns.

15-Jul-2015 Robson Partners

Read more

Client in Focus: P J Donnellan & Co

We speak with Practice Manager, Donna Makepeace on the operation of the business and the success it has experienced.

15-Jun-2015

Read more

Give Waterside development the green light!

15-Jun-2015

Read more

The Tax Office may soon audit businesses at random

Companies could be in line for random audits as soon as next year under advice being considered by the Tax Office.

15-Jun-2015

Read more

Legislation for $20,000 asset write-off has finally been tabled

The government has introduced legislation to make its budget announcement of the small business immediate asset write-off a reality, with the details revealed thankfully not straying from what we suspected.

15-Jun-2015

Read more

TED Talks: Bill Gross - The single biggest reason why startups succeed

Bill Gross has founded a lot of startups, and incubated many others - and he got curious about why some succeeded and others failed. So he gathered data from hundreds of companies, his own and other people's, and ranked each company on five key factors. He found one factor that stands out from the others - and surprised even him.

15-Jun-2015

Read more

Client in Focus: It Works!

This month's Client in Focus is It Works!

We speak with Jake Marchant on the startup of the new business venture he and his wife embarked on - "It Works".

15-May-2015

Read more

2015 Federal Budget - What it means for your small business

The Australian Government is promising a package of tax cuts, investment incentives, productivity enhancing measures and less red tape. But will it be enough to kick-start the economy?

15-May-2015

Read more

Mobilegeddon - Is your website ready?

For years now, mobile usability has been a factor in Google's search algorithm. Websites that are optimised suitably for use on mobile devices rank higher than their non-optimised counterparts, even on desktop devices. But until now, that ranking factor has been both limited and ambiguous.

15-May-2015

Read more

Living longer, working longer

A pattern developing in the workplace, and indeed being encouraged by government, is around continuing to work until later in life. What are the benefits of longevity in the workplace?

15-May-2015

Read more

TED Talks: Rainer Strack - The workforce crisis of 2030 - and how to start solving it now

It sounds counterintuitive, but by 2030, many of the world's largest economies will have more jobs than adult citizens to do those jobs.

In this data-filled talk, human resources expert Rainer Strack suggests that countries ought to look across borders for mobile and willing job seekers. But to do that, they need to start by changing the culture in their businesses.

15-Apr-2015

Read more

ATO tries a new tack in its compliance message

For the tax and superannuation systems to work, the Australian Tax Office says it needs the community's confidence that they are fair for everyone. So the ATO says it tries to make it easy for the people who do the right thing, and focus its compliance activities on the small minority who do not.

15-Apr-2015

Read more

Most common mistakes retirees make

As Benjamin Franklin most famously said, "If you fail to plan, you are planning to fail".

15-Apr-2015

Read more

Protection for your financial plan

A financial plan is a powerful thing, but it's most potent when supported by a solid insurance strategy. What are the specific purposes of the main types of personal insurance?