Insights

Read our latest Insights article on the newly updated Fuel Tax Credits rates now in effect via the link (blog.agredshaw.com.au)

For businesses managing a vehicle fleet, or using fuel for business activities, the Fuel Tax Credits scheme can be an excellent route for operators to claim full or partial credits for the fuel tax (excise or customs duty) that's included in the price of fuel.

In the latest episode of the Building Your Business podcast, Chris Lewis hosts Greg Jorgensen (Founder, Management Rights Brokers Australia) and Peter Spranklin (Principal, Spranklin Legal), alongside Smiljan Jankovic (AGR Managing Director) as they discuss the Management Letting Rights industry over the last 12 month period.

All businesses face the necessity and reality of expenses. However, when was the last time you reviewed the expenses in your Management Letting Rights business?

In approaching the end of the Financial Year, we provide key analysis into potential tax changes to take effect from 1 July 2023, with potential insights covering Instant Asset Write-Off, Fringe Benefit Tax, and Superannuation.

When the time comes to sell your business, how will you go about it? Will you sell privately or via a broker? Or instead of selling, will you dispose your assets and close?

All wise business mentors will tell you to buy or grow a business with the "end game" in mind.

Most of the two million business owners in Australia run their own business to make money, have greater flexibility and freedom, create legacies and reap the financial rewards when the come to sell.

On Tuesday, 13 June, the Palaszczuk Government released their QLD State Budget 2023-24, dedicating initiatives to help continue to support growth across the State’s economy and to support Queenslanders against cost-of-living increases.

For business owners, as we approach the End of the Financial Year, it is important to gain a true understanding of your potential tax position and establish a variety of business strategies for EOFY 23 and leading into FY24.

On Tuesday, 9th May, Federal Treasurer Hon. Jim Chalmers handed down the 2023/24 Federal Budget, a second delivered by the Albanese Government, providing an outlook into the Government's priority to create a "responsible and sustainable" economic strategy, in the face of continued inflation, rising cost-of-living, and global volatility.