Tax Deductions for Home Based Businesses

In most cases, a home based business owner can claim all of the deductions that other small-business owners can, but they also get access to unique deductions. Close to one million businesses in Australia are home based – a significant portion of the nation’s business community. In this feature we look at deductions home based businessContinue reading “Tax Deductions for Home Based Businesses”

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”

6 practical steps to introduce advisory services in your firm

The next phase of the accounting industry — where accountants become true advisers to their clients and not just data hoarders — is very much underway. But it’s often difficult to know exactly where to start, and what changes to make to help that transition. Having made that change myself in recent years, with aContinue reading “6 practical steps to introduce advisory services in your firm”

Five ways to manage your contacts to drive more business

People buy from people and as the old saying goes: it’s not what you know, it’s who you know. This has never been more the case than in the world of small business, where ongoing relationships with your customers and suppliers are often critical to the success of a business. Knowing who your customers areContinue reading “Five ways to manage your contacts to drive more business”

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…”