Articles
Why you should tax plan or Do you believe Julia Gillard deserves a tax bonus from you?
If you answered yes to that question then file move onto the next article and enjoy your day. We appreciate that some people love what Julia has done for the country and want to be as generous as they can with the amount of tax that they pay, even to the point of paying more than they should. I however am not one of those people and I’m sure many of you feel the same way.Business Success Secrets: What you Must do if you Want to Grow your Business (or your Business Bank Account)
In March this year, Lauren and I attended the Proactive Accountants Conference and we were fortunate to have as two speakers at the conference, Verne Harnish and Naomi Simson. I have to confess to being incredibly excited to hear from these two speakers as 9 months earlier we had begun to implement Verne’s methods in our business with amazing results.Tips and Traps if you rent out your own home
I am thinking of buying a new home but want to keep my existing home – what can I claim? This is a question we are often asked. Anyone can rent out their own home but it is important to be aware of what you can and can’t claim as well as any potential capital gains tax implications that may arise. So let’s deal with the big questions first:Xero
Occasionally we stumble across a product or service that we think our clients absolutely need to know about. That’s what happened with Xero. We were introduced to Xero 12 months ago, loved the concept but were skeptical so have been testing it out on our own business as well as one of our willing clients. What we and Adam from Mountain Mechanics (our guinea pig) have discovered is that Xero, just like its designers suggest, is indeed beautiful, simple accounting software. But just what is it and why should you consider switching?How much do you know about the new Personal Property Securities (PPS) Register?
The PPS Register officially opened on Monday 30th January 2012 with the aim to lessen the load on business.Warning for Company Directors with Unpaid Tax Debts
There are new changes being proposed for companies who are lazy with their tax obligations! Currently, if you are a director of a Companyand the company does not pay it’s tax liabilities then you as the director may be issued with a Director Penalty Notice. If a director doesn’t act after receiving a 21 day Notice, then the ATO can hold a director of a company personally liable for outstanding PAYG deductions. What is not well known is that there is legislation being considered in parliament now that will substantially expand those personal liability provisions.Christmas Parties and Gifts Guidelines
So, you're a nice boss and are wanting to do something for your employees at Christmas time but of course you don't want to give the ATO a bonus as well. The rules are a little complicated but with a bit of planning you can avoid the entertainment pitfalls.Why People Fail
Over the last six weeks the team at ATA all read 'Why People Fail' by Siimon Reynolds and then last Wednesday we discussed it at our weekly Lunch and Learn. The reason that this book on overcoming obstacles piqued my interest is because my self-confessed ‘disorganised procrastinating’ husband started reading this book, applying it and (surprisingly) getting things done! Essentially the book explores the main causes of failure, in any field, and then offers solutions for overcoming it and creating a happy, successful life.Is Cloud Accounting For You?
As part of the trend towards ‘cloud computing’ we have seen a rise in accounting applications being made available online. At first accounting software for the cloud was very basic but it is becoming more and more sophisticated. The major accounting providers Quickbooks and MYOB both now offer cloud options and there are new players such as Xero which simply provide cloud accounting.Ignite Group Coaching
We know that many business owners can’t afford one on one coaching but need training and mentoring so we have priced Ignite Coaching at $495 per month which is incredible value. We also know that group coaching works because we undertake group coaching in our business! Plus we are so confident in what we believe we can achieve with you through Ignite Groups that we guarantee that if you do everything that you commit to doing in twelve months, you will at least triple your investment. Otherwise we will coach you for free until you do. So you can’t go wrong!Tax Tips for Entrepreneurs
Entrepreneurs often take a short-term view of their taxation decisions and we encourage them to think about their vision for their business and how this fits with their personal goals. This will help avoid setting up a structure that may hamstring the business owner in the future. Our top tax tips for budding entrepreneurs are:Paid Parental Leave Scheme
From 1 January 2011 the Paid Parental Leave Scheme was implemented and we have already received many enquiries about how it affects our clients. So whether you are an employer, an employee or self-employed, following is a comprehensive guide for what you need to know. For more information click on the links at the end of the article.Advisors are Key
When research shows that small businesses have a 37% chance of surviving 4 years and a 9 percent of being around for a decade we think a good advisor is essential.
Asset Protection
If you own something of value then it is at risk of being taken from you. Taking action to prevent this risk is called asset protection.