small business accounting newsletter | 2024 | August 2024 Newsletter

With any small business, there is always the potential for growth, provided there is the opportunity to scale. While this may seem daunting as a small business owner...

Motor vehicle expenses: which method should my business use?

If your business owns or leases a vehicle that’s used for business purposes, it’s essential to keep proper records to ensure you’re entitled to the maximum deduction...

Time for a superannuation check-up

The new financial year has begun, and with it have come some important changes to superannuation from 1 July 2024. With these changes coming into effect...

New SMSF expense rules: what you need to know

If you manage a self managed superannuation fund (SMSF), recent changes to tax rules for certain fund expenses could affect you. These changes may even...

Deducting gifts and donations: getting it right at tax time

Have you made charitable gifts or donations in the past financial year? The good news is these items are often deductible, giving many Australians a welcome...

Regulations coming for 'buy now, pay later' market

In recent years, the financial landscape in Australia has been significantly transformed by the advent of buy now, pay later (BNPL) services. These innovative credit...