Succession planning is an umbrella term that covers numerous areas that need to be considered and planned for to secure the financial future you want. The earlier you start planning, the better outcomes you’ll have. If you’re a business owner, what do you want to do when you retire? Selling a business requires a lot of forethought, just as passing it to the next generation in the most tax effective manner does.
Succession planning is about us understanding what your longer term financial goals are so that we can help you reach them; providing greater control over your assets and ensuring wealth transfer happens in the way you intend it to.
Professional development is integral to most, if not all, workplaces and many of our clients have programs in place that mean team members can access additional training courses throughout the year. It means upskilling the workforce which can only mean good things for the economy! The ATO is rewarding such leadership with a new Skills and Training Boost. Read on to learn what it is, and if you’re eligible.
Whilst working from home for the self-employed has been commonplace for years, the number of employees working from home has boomed over the last couple of years for a reason we’re all well aware of: covid. For many, this change will remain permanent – whether it’s for the full five days, or on a part time basis with flexible working arrangements now a mainstay of Australian employment.
Cryptocurrency has fast become a popular investment and payment method in Australia however all too often the decision to purchase doesn’t come hand in hand with the necessary tax knowledge. Here’s everything you need to know about cryptocurrency.
The Australian Taxation Office (ATO) releases information regarding its areas of emphasis for tax returns each year. For 2023, these include rental property deductions, work-related expenses, and capital gains tax.
Subscribe to our monthly newsletter for industry updates, important information and advice for business owners.