fbpx

Tips & strategies to help your business grow

Discover strategies for business expansion and tax optimization to thrive in today's competitive landscape
Interested?
07 3067 3017
useful resources
Practical resources to build a better business
(56) Accounting & Tax
(29) Business Consulting
(06) Mortgage Broking
get inspired
Tailored tips for your growth
Accounting & Tax
The Truth About Tax Planning
10 min | Nathan Watt
There is so much misconception in Australia about taxes and tax planning. Everyone seems to think they're "paying too much" and believe that accountants can wave a magic wand and "save" you tax.
Accounting & Tax
5 Reasons You Need A Tax Specialist For Your Small Business
15 min | Nathan Watt
We live in a DIY age, where people imagine to themselves that with a quick click on Google they can suddenly turn into an expert on pretty much anything, I mean when I google my sickness symptoms it keeps telling me I have Lupus, so it’s easy to be convinced in believing you’re suddenly an expert on tax preparation.
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.
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.