Category Archives: Opinion

Using the new financial year to help your business get ahead

The new financial year is the perfect time to reset, re-evaluate and prepare for the year ahead. As a business, you would have recently closed off your books for the last financial year so most of what you need to know about your business is readily available to you. You’re in a great position toContinue reading “Using the new financial year to help your business get ahead”

Five resolutions to kick off the new financial year

Cloud software can help you track which customer segments are spending most, influencing where your marketing focus should be as you expand in the new financial year. The flurry of activity that is EOFY should have died down by now, making it the ideal time for small-business owners to take a retrospective look at howContinue reading “Five resolutions to kick off the new financial year”

EOFY: Understanding your accounting needs and planning for the year ahead

The end of the financial year can often be a busy time for small business owners. All your business accounting needs to be finalised, tax returns need to be completed and submitted, and planning for the year ahead needs to be done. It’s not all bad news however, as tax time is the perfect opportunityContinue reading “EOFY: Understanding your accounting needs and planning for the year ahead”

EOFY Making the most of the government’s small business tax custs

The 2016 federal budget gave small businesses a reason to be excited about the end of the financial year – a company tax cut to 27.5% with the threshold lifted to include businesses with less than $10 million turnover (up from $2 million). For profitable small businesses, that’s potentially thousands of extra dollars each yearContinue reading “EOFY Making the most of the government’s small business tax custs”

Federal Budget 2016 – Reflection

The Federal Budget has been and gone for 2016 and as we knew, it was going to be an “election” budget. Purposeful is the term I used to describe it and in my opinion its a shame that a budget will pass by for another year without there being any major benefit for anyone. SoContinue reading “Federal Budget 2016 – Reflection”

Accountants need to embrace Value Pricing…

  Following the February Roadshow in Sydney, my thoughts on the changes in the industry were captured in an Article on Accountants Daily…. Accounting firms should adopt a value-based pricing model in response to the new era of accounting, where technology is driving greater efficiencies in compliance work, says Xero’s head of accounting, James Solomons.Continue reading “Accountants need to embrace Value Pricing…”