Insights

We provide our expert opinion, news, and knowledge to help keep you informed and aimed towards building your business.

The Importance of Bookkeeping for Your Business

Aug 15, 2022

For all businesses, regardless of size, maintaining confident and accurate financial information is essential in building a successful venture. Therefore, ensuring you have the appropriate bookkeeping functions and systems is critical moving forward.

Employee Share Scheme - New Legislation from 1 October 2022

Aug 11, 2022

As originally announced in this year's March Federal Budget by the then-Morrison Government, new reforms surrounding Employee Share Schemes (ESS) available to employees have now received Royal Assent, with revised legislation to take effect from 1 October 2022.

Allocation of Professional Firm Profits - New Legislation takes effect from 1 July 2022

Aug 03, 2022

As of 1 July 2022, new legislation has now taken effect which details the Australian Tax Office’s compliance approach to the allocation of profits or income from Professional Firms as assessable income to the ‘Individual Professional Practitioner’ (IPP).

Individual Tax Deductions - Tax Concessions to Support Your Personal Cash-Flow

Jul 29, 2022

For Individual taxpayers, July presents an ideal time to get ahead in lodging your Income Tax Return for the pervious Financial Year. In claiming all appropriate deductions, you can potentially lower your tax obligations.

Tax Implications Involved in Principal Place of Residence Subdivision

Jul 26, 2022

As house prices continue to remain high in a competitive market, for those with a significant portion of land, the attraction of subdividing the family block may appeal as a source to increase wealth, build a property portfolio, or downsize for retirement.

How to Build a Business Development Strategy for My Business

Jul 06, 2022

One of the most common issues raised by business owners during the New Financial Year period often pertains to how to build a continuous ‘pipeline’ of leads and potential clients, which can be converted into increased revenue and business growth over time.

QLD State Budget 2022/23 - Key Highlights

Jun 22, 2022

Over the past 24 hours, the Palaszczuk Government released their QLD State Budget 2022-23, dedicated to creating more jobs across industries, delivering better services, and protecting the Queensland lifestyle.

Preparing Your Management Letting Rights for Sale

Jun 20, 2022

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind.

New Superannuation Changes take Effect from 1 July 2022

Jun 15, 2022

As of 1 July 2022, there are a number of important changes which come into effect impacting employers and the Superannuation of employees.

An Update on the Management Rights industry across 2022

Jun 15, 2022

In our latest Building Your Business podcast episode, Chris Lewis chats with Smiljan Jankovic as they discuss what has been seen across the last 12 months in the Management Rights industry, and an overall sector update MLR professionals.