Recent Articles

Networking for introverts: a guide to getting it right

Networking for introverts: a guide to getting it right

Networking is hard work for introverts.  It requires them to put themselves out there - to introduce themselves, get a conversation started and work the room.  Here are some tips on how to improve those networking skills.  Here is your guide, bible, little black book...

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The $11.1 billion small business tax shortfall

The $11.1 billion small business tax shortfall

Last month, the ATO released statistics showing small business is responsible for 12.5% ($11.1 billion) of the total estimated ‘tax gap’.  So where did the $11.1 billion small business tax shortfall come from? These new figures give visibility to tax compliance issues...

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Are all your SMSF eggs in one basket?

Are all your SMSF eggs in one basket?

The investment strategies of Self Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of asset diversity.  Are all your SMSF eggs in one basket?  If so, read on! The ATO is concerned...

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ATO take ‘gloves off’ on overseas income

ATO take ‘gloves off’ on overseas income

Five years ago, the Australian Taxation Office (ATO) offered a penalty amnesty on undisclosed foreign income.  Five years on, the ATO has again flagged that under reporting of foreign income is an issue but this time the gloves are off.  So the ATO take 'gloves off'...

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The balance between work boundaries and babies

The balance between work boundaries and babies

More and more Mums (and Dads) are working from home and running their own businesses, but how do they keep their professional life from interfering with their parenting and vice-versa?  The secret to successfully combining your work and parenthood is to create...

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New (financial) year, new you!

New (financial) year, new you!

As you gather your records this tax time, think about what has or hasn't worked well over the year.  Make a new (financial) year resolution for your record keeping practices that's easy to stick to!  Here's to a prosperous new (financial) year, new you! Top tips for...

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Weirdest tax deductions revealed

Weirdest tax deductions revealed

Would you claim the Lego you bought for your kids throughout the year as a tax deduction?  One taxpayer did and it made the Australian Taxation Office’s 2018-19 list of most unusual claims.  They're bad for the economy, for the accounting industry and for our clients,...

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