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Tips & strategies to help your business grow

Discover strategies for business expansion and tax optimization to thrive in today's competitive landscape
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Tailored tips for your growth
Accounting & Tax
ATO Audit Penalties: What Business Owners Need to Know & How to Avoid Costly Mistakes
5 min | Nathan Watt
Penalties vary based on the nature of the discrepancy, ranging from 25% for lack of reasonable care to 75% for intentional disregard. To minimize risks, maintain accurate records, ensure timely lodgements, and consider professional advice.
Accounting & Tax
4 Common Mistakes Small Business Make With The ATO
5 min | Nathan Watt
Tax is in Australia is complicated, that’s why we have one of the highest rates of tax agent dependence in the world, but even that doesn’t stop these mistakes from happening and with the tax office’s super smart algorithms tracking your every interaction and building a risk profile about your business and its directors, you can’t afford to make these mistakes any longer.
Business Consulting
Offset vs Redraw: What’s The Difference
10 min | Nathan Watt
If you’ve got a home loan or even just looked into one, you’ll have heard these terms, and on the surface they seem to do the same thing. A place to deposit extra cash to reduce the interest you pay. So is it just semantics or are there differences you really should know. Well yes, yes there are.
Accounting & Tax
5 Things Your Family Trust Needs To Do Before 30 June
5 min | Nathan Watt
Every year your accountant slips you a document says something about Bamford, and sends you an invoice. Ever wondered what that’s about? Well wonder no more.