Category Business Strategy & Advice

Ensuring your systems and processes are as efficient as possible to maximise the time available to focus on growing your business and creating wealth

Christmas_presents

Merry Christmas – Staff Bonuses

Merry Christmas – Staff Bonuses                                                                                         If you are considering paying your staff a bonus before Christmas keep in mind tax on the bonus will need to be calculated manually. If you allow your software to calculate the tax it won’t be able to differentiate between a bonus and weekly wage, hence the need to calculate

Continue Reading →

Daily-SMS-Collection-Text-Msgs-Messages-in-English

ATO Text Messages

Australian Taxation Office Text Messages Over the last week we have been contacted by some concerned clients who have received  ATO text messages.  The ATO recently advised they will contact taxpayers via text message for overdue form lodgements or overdue payments of GST or Income Tax. However, the ATO will never ask you to respond via

Continue Reading →

FB Coverpage-01

Planning for Aged Care is more than moving into an Aged Care Facility

Our chances of living longer are increasing as life expectancy continue to increase. At age 65 a person’s chance of needing aged care during their remaining lifetime is 68% for females and 48% for males. Old age can be associated with declining cognitive abilities, resulting in problems when managing personal finances.

Continue Reading →