To find out more about your health plan call 134 135 and Quote ID 2111176. (*Conditions may apply)
Leap Year
We all know that a leap year contains 366 days versus 365 days. But to you know WHY? This day is added to the calendar in leap years as a corrective measure, because the Earth does not orbit around the sun in precisely 365 days. Leap years are needed to keep our modern day Gregorian Calendar in
Thinking of selling your business?
Your first step So you’ve been thinking about selling your business for a while now and believe it’s worth a premium due to the blood, sweat and tears you’ve put into it over the years. However you’re really not sure of the next step? Sound familiar? If you want a premium sale price then let’s
5 Key Ratios for Business Owners
Financial ratios are often only looked at once a year, when compliance is complete, however regularly checking the financial health of your business can assist in identifying areas where the business could improve it’s bottom line. Here are 5 Ratios that any business owner should have an understanding of, and be able to compare/track against the industry average. 1. Gross Profit Margin – This is the percentage of sales dollars
Xero Tip of the Month – Remove & Redo or Unreconcile a Bank Account Transaction
Learn about the 2 options to unreconcile a bank account or credit card transaction: Remove & Redo, and Unreconcile. The option you choose depends on why you’re unreconciling the transaction. In most cases, and if in doubt, use Remove & Redo. Remove & Redo = account transaction
Do you operate your Business through a Company?
Then you need to be aware of Division 7A If you’ve ever taken money (other than wages or directors fees) from your company then Division 7A will affect you. Its purpose is to ensure that private companies can no longer make tax free distributions of profits to shareholders or shareholders’ associates in the form of
The CARE Investment Philosophy
Most clients have a goal to retire in style with full financial freedom. The CARE investment philosophy has a fundamental outlook of protecting and growing our clients’ wealth while avoiding the mistakes, pitfalls and traps of losing money. The CARE investment philosophy has been strategically designed for implementation with a select few, high quality Australian
Interested in Tax Free Super?
If you’re over 55 (but younger than 60) and still working, the chances are that any pension you’re receiving from super will be taxed in your hands. This is not ideal, especially if you’re paying more than 19% tax on your income. Fortunately, there may be a solution. The tax office gave one lucky 58
Xero Tip of the Month – Repeating Invoice or Bill
Xero makes dealing with repeating invoices or bills easy. Rather than creating a new invoice or bill each time for a regular customer or supplier you can use Xero’s repeating invoice or bill feature to do the work for you. Enter details for a sales invoice you send, or bill that you receive on a
No Jab, No Pay – New immunisation legislation
From 1 January 2016, all children under the age of 20 must be up-to-date with their immunisations, on a catch up schedule or have an exemption in place to continue receiving the Child Care Benefit (CCB), Child Care Rebate (CCR) and the Family Tax Benefit (FTB) Part A payment. Vaccination objections based on personal or
