The 2015/16 Budget introduced a number of generous concessions for small businesses, with tax relief being the single most significant business benefit item in this Budget. We look at the specific concessions relevant to each business category.
More than a few pretty graphs Xero’s Business Performance dashboard was released last week and marks the start of a new wave of Xero functionality with new, more powerful insights into the health and performance of your business.
David and Barbara Leek started life together like many parents seeking a great place to bring up their young family. But engineer David also had to make sure he could earn a living. Back before the convenience of the internet, he and Barbara went searching… Read More >>
As a small business owner it is important to have a retirement plan in place well before deciding to retire. This is because, in most cases, your major asset is your business. Planning ahead will ensure you have sufficient funds to maintain your lifestyle in… Read More >>
David and Barbara Simon are directors of one of Lockyer Valley’s medium-sized vegetable growing businesses. With a consumer market hungry for more than just meat and three-veg, they are busy all year round. And with farms spread all around the region, they rely on OBT… Read More >>
OBT Feature Business Sipelectrical, Helidon You’d think managing a young family and rebuilding after the hardship of the 2011 floods would be a full-time job in itself. But talk with Sipelectrical’s husband and wife team Jonathan ‘Jono’ and Annaka Sippel and you’re soon reminded of… Read More >>
Cloud accounting is rapidly becoming the norm for how operators financially manage their businesses throughout Australia. If you haven’t yet made the switch or even taken a look at a cloud accounting product for your business, then we’ve broken it down into some key… Read More >>
A ‘Business Value Gap’ is the difference between the value of your business today and what you need it to be at time of sale. A shortfall can have a significant impact on your retirement plans and may force you to reassess your desired standard… Read More >>
Consider the following: Only 1 in 15 (7%) retirees live on an annual income of $70,000 or more. Almost one million people have returned to work since retiring. Four in ten retirees maintain that you need the same or a higher amount of income in… Read More >>
Summary of changes From 1 July 2014 – Carbon tax repeal The carbon charge has been removed from the fuel tax credit rates for fuel acquired from 1 July 2014. For fuel you acquire for your business, you can: claim more for many off-road activities no longer… Read More >>