Self-employed? What would you do if you became sick or injured and were unable to keep your business running? It’s not a risk that is often thought about, but it is important to take a moment to consider it. Did you know that 1 in… Read More >>
Archives for December 2017
Updated guidance on deductions available for an investment property The ATO has updated its guidance on depreciating assets for investment properties. If an individual purchased their rental property at or after 7.30pm on 9 May 2017, they may be impacted by the changes to legislation… Read More >>
Australian economy The Australian economy is growing in line with the Reserve Bank’s forecast. Growth in consumption and the contribution from net exports was higher in the June quarter than the March quarter, and the decline in mining investment has mostly passed. Household consumption growth… Read More >>
How can you make your business worth a larger amount when you want to sell it? Before we answer this question, remember: your business will only be worth what someone else is willing to pay for it. So, you may think it is worth $1… Read More >>
OBT Quick Cost Accounting Case Study Client Ann Marie owns a manufacturing business which makes a high-end product. She varies her design from time to time so there are many versions of her primary design. Challenge Ann Marie did not have a cost accounting system… Read More >>
From the time Graeme Sheppard bought Soiltech Testing Services, he built a successful business with a renowned reputation and made sure his future planning had an exit strategy that included son Paul. Read how OBT were able to help with the succession from dad to son.