Keeping You Up To Date

Another year another ATO crackdown! It seems each year, the ATO chooses a theme to focus its attention on when it comes to work related expenses. In years past, we've seen crackdowns on laundry, travel and self-education. This time round, the focus could fall on car expenses. Many small-medium businesses work on the principal that if the business incurred an expense, then it must qualify as being a deductible. Our response to this is may be, may be not! Let's first look ...

We live in dynamic times - fads, fashions and trends seem to come and go. This is also true of small-medium businesses on average, in Australia, just over 1000 new business start-up each month. Even more alarming is the fact that according to the Australian Bureau of Statistics, more than 60% of small businesses will cease operating within the first 3 years of them starting. So, it's refreshing and comforting to come across a business that has weathered the storm while gaining a s...