• insurance policy
    Am I Taxed on An Insurance Payout?
    Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when they need to claim on their insurance, the insurance payout covers the damage and […]
  • changes-ahead
    What Changes on 1 July 2021?
    Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that everyone […]
  • Superannuation
    Super Guarantee Rate Rising 1 July
    On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. If you have employees, you will need to ensure your payroll and accounting systems are updated to incorporate the increase to the super rate. If you need help to work out how much super you need to […]
  • skilled migration
    Is It Time for Australia to Rethink Skilled Migration?
    Source: NestEgg When borders reopen, Australia has a chance to reshape its migrant policy, with an opportunity to target younger, more skilled workers, a think tank has revealed. Australia is not attracting the right migrants, instead it should focus on simplifying the process, taking in younger skilled workers, and paying them […]
  • Fringe Benefit Tax
    FBT Exemption, LMITO Tax Bill Introduced Into Parliament
    Source: Accountants Daily Treasury Laws Amendment (2021 Measures No. 4) Bill 2021 was introduced to the House of Representatives on Wednesday and contains two tax measures included in the Morrison government’s 2021–22 federal budget.  The first of them is the government’s FBT exemption, which will provide employers with a way […]
  • cryptocurrency
    ATO Sheds Light on Crypto Compliance Focus
    Source: Accoutants Daily Speaking at a tax-time tips seminar on Thursday, ATO assistant commissioner Adam O’Grady warned tax agents and taxpayers that his office will be closely watching all capital events related to cryptocurrency come tax time.  “It is really important for all capital assets; we will be looking to […]
18 October 2020

Has COVID-19 Devalued Your Business?

If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come […]
28 April 2016

Steps to Effective Business Valuation in Melbourne

The business environment is so dynamic in Melbourne that it is not surprising to find businesses change or change hands. This makes business valuation a typical process in this fabulous city. Valuing a business is an indispensable step in buying or selling a company and while it is optional when […]
14 April 2016

5 Tips for Getting the Best Deal When Selling a Business in Melbourne

Melbourne is an awesome city for business. If you are planning to move out of Melbourne or just move on to a different endeavour, selling your business should be fast and easy. After all, there are a lot of people who want to start a business here and buying an […]
2 April 2016

Selling a Business in Melbourne

Melbourne is a great city for doing business in Australia. The market is huge, the economy strong, and infrastructures are comparable to the world’s best. However, there are things you can’t shake off that probably made you decide to finally sell your business. Whatever those reasons are, selling a business […]
15 March 2016

The Basics of Business Valuation in Melbourne

Valuing a business is not only important when buying or selling a business; it’s also a good step to take when trying to get a business loan or pursuing investors. It’s a complicated process especially when there are several business assets that are simply difficult to put a price to […]
11 February 2016

Maximize Your ROI When Selling Your Business

Selling the business is the endgame for many company founders. Smart business owners plan their succession, even if they are not ready to sell in the immediate future. It’s about having a certain mindset. Having an exit strategy (in place or at least sketched out) gives owners a leg up […]
Book Consultation