Category: Small Business

The ART has denied a YouTuber’s claim for GST credits on the basis that there was no clear, reliable andcorroborative evidence linking the expenses to an enterprise. This case explores the importance ofmaintaining substantial evidence and records to prove acquisitions are made in carrying on an enterprise and demonstrates the scrutiny around digital, home-based contentRead More »

When you first start your own business, calculating depreciation can seem impossibly complex – but getting it right has real business benefits. Find out more about the ins and outs of depreciation.

Feel like too much of your hard earned income is spent on tax? While tax is inevitable, we can review your financial affairs and ensure you’re paying only what you need to while remaining compliant.

Bookkeeping has gone from hand-written ledgers to high-tech automation – but it’s just as important for a small business as ever. Want to get your head around keeping good financial records? Start here.

Did your business make an income tax loss in 2020? You may be eligible for the loss carry back tax offset in this financial year. Get in touch to see if your business qualifies and how to best use this refundable offset to generate cash flow.

The small business owner differs in a number of ways from the managers of public companies or other types of organisations. These differences can go some way to explain both the strengths and weaknesses of the smaller firm.