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30-Oct-2017

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Sky Update - October 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

28-Sep-2017

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Sky Update - September 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

29-Aug-2017

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Sky Update - August 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

21-Aug-2017

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Financially Speaking - Spring 2017

Check-out the latest edition of Financially Speaking hot off the presses from our new Partner and Financial Advisor Peter Haans.

31-Jul-2017

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Sky Update - July 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

26-Jun-2017

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Sky Update - June 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

13-Jun-2017

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End of Financial Year 2017

With EOFY 2017 just around the corner businesses and individuals will be starting to think about all things tax.

The following is a list of items to consider to help you achieve the best possible tax outcomes.

29-May-2017

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Sky Update - May 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

11-May-2017

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Federal Budget 2017-2018

On Tuesday the 9th of May the Federal Budget was handed-down. As always, there were a number of tax changes announced.

We have a brief run-down of those announcements to assist you in understanding how the budget will affect you personally.

27-Apr-2017

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Sky Update - April 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

30-Mar-2017

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Ballarat Office Move

Our Ballarat office is on the move.

29-Mar-2017 Sky Accountants

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Sky Update - March 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

27-Mar-2017

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Fringe Benefits Tax 2017

The 2017 FBT year end of 31 March 2017 is now just a few days away.

Now is the time for businesses to review their position to identify if they need to submit a FBT return.

26-Feb-2017

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Sky Update - February 2017

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

25-Jan-2017

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Why should I prepare a budget for my business?

Most small businesses do not prepare budgets. Experience tells us that the average small business owner doesn't see enough benefit to justify spending time preparing a budget.

Are they right or are they missing something? And is there a way to prepare a budget that doesn't consume hours of time?

30-Nov-2016

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Sky Update - November 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

25-Oct-2016

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Sky Update - October 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

19-Oct-2016

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Top tips for a profitable food service business

I was recently lucky enough to be invited to sit in on a Master Class on “Food Profits, Costings & Cost of Goods Sold” performed by Michael Tonks, the CEO of the award winning Buckley's Entertainment Centre in Geelong.

In this blog, I will share some insights from the Master Class around discounting and portion control and the impact on running a profitable kitchen.

27-Sep-2016

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Sky Update - September 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

19-Sep-2016

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$500,000 Personal Contributions Limit Scrapped

The $500,000 lifetime limit on personal (non-concessional) superannuation contributions announced in the Federal Budget has been scrapped with the Government recently announcing a change of tack.

29-Aug-2016

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Sky Update - August 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

12-Aug-2016

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How to run a profitable kitchen - reduce waste

Food wastage in a kitchen can be extremely costly and is one of the main obstacles to running a profitable kitchen.

In this blog, I share some ideas on how to minimise waste in a commercial kitchen.

04-Aug-2016

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Contractor or Employee?

When engaging contractors, businesses must contend with a myriad of complex rules and obligations.

Complexity coupled with an increased compliance focus from the ATO and others, mean that businesses need to be across the issues to avoid unexpected liabilities.

The purpose of this blog is to provide an overview of the issues that businesses need to be across.

28-Jul-2016

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Sky Update - July 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

25-Jul-2016

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Top 5 Cloud Based Hospitality Applications

More and more, hospitality businesses are turning to the cloud to take control of their finances, improve collaboration and drive efficiencies.

In this blog we share the top 5 cloud applications used by forward thinking hospitality businesses.

18-Jul-2016

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The Role of the Board

I first began attending Board meetings at the ripe old age of 25 when I was the finance manager of a not-for-profit organisation. Since that time, I have become involved with the Boards of many organisations, particularly in the hospitality & tourism industry.

06-Jul-2016

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In Search of the Paperless Office?

In recent years there has been a massive transformation in technology that has created significant opportunities for businesses to streamline their bookkeeping and remove paper from their business.

29-Jun-2016

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Is Your Business Ready for SuperStream?

The ATO has recently announced that small businesses will be given extra time to become SuperStream compliant.

16-Jun-2016 Sky Accountants

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Sky Update - June 2016

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.

03-Jun-2016

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Top 3 Most Common Mistakes In Hospitality Businesses

In this blog we share with you the three most common mistakes businesses in the hospitality industry make and the "tried and tested" solutions.

23-May-2016

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End of Financial Year 2016 is Just Around the Corner

With end of financial year 2016 just around the corner, businesses should be looking at their tax planning to make sure that they achieve the best tax results.

The following are some things for businesses to consider in the lead up to EOFY.

16-May-2016

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The Rise of Cloud Accounting Technology

Given the rise of cloud accounting technology, the ability for accountants to interact and work more closely with clients has never been better.

04-May-2016

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Federal Budget 2016-2017

Last night the Federal Budget was handed-down. As always, there were a number of tax changes announced.

We have a brief run-down of those announcements to assist you in understanding how the budget will affect you personally.

26-Apr-2016 Sky Accountants

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The Penalty Rate Conundrum

With the ANZAC day public holiday just behind us and the Queen's Birthday public holiday just around the corner, many businesses in hospitality, tourism and retail industries will be asking themselves whether it is worthwhile opening on public holidays.

21-Apr-2016

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R&D Tax Incentive Deadline - 2 May

The R&D Tax Incentive offers significant cash benefits to innovative firms, both large & small.

With the 2 May registration deadline looming, firms need to prioritise their application.

04-Apr-2016

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SuperStream - Less Than 100 Days to Get Ready

There is now less than 100 days for Small Businesses to get SuperStream compliant ahead of the 30 June 2016 deadline.

19-Mar-2016

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Fringe Benefits Tax 2016

The 2016 Fringe Benefits Tax (FBT) year end of 31 March 2016 is fast approaching.

It is time for businesses to start reviewing their position to identify if they need to submit a FBT return.

06-Mar-2016

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The Three Levers of Profit

In any business there are 3 levers of profit. Knowing what the levers are, and how to pull them will help you to maximise the profits in your business.

14-Feb-2016

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Small Business Restructure Roll-over Bill

On 4 February 2016 the Government introduced legislation to give effect to the 2015/2016 Federal Budget announcement to provide greater flexibility for small businesses to restructure.

Once passed by Parliament, the new law will provide the unique ability to alter legal structures to suit the circumstances of the small business as they change and adapt over time.

23-Jan-2016 Sky Accountants

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Research & Development Tax Incentive

The R&D Tax Incentive offers significant cash benefits to innovative firms, both big & small.

With the 30 April deadline to register fast approaching, firms need to review their eligibility and start work on their application asap, or risk missing out.

16-Jan-2016 Sky Accountants

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Is possession 9/10ths of the law?

For many businesses, the introduction of the Personal Property Securities Act (PPSA) back in 2012 has resulted significant changes in the way they protect themselves against insolvent customers.

A number of court cases since 2012 have confirmed that for businesses who have failed to come to grips with the PPSA, possession is not 9/10ths of the law, it is 10/10ths.

06-Dec-2015 Sky Accountants

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The "silly season" is here again

The "silly season" is here again and many of us are looking forward to a well earned break. But before the holidays begin, we must first get through the customary parties, dinners, and other social events.

20-Nov-2015 Sky Accountants

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Self Managed Superannuation Funds (SMSF)

According to the ATO's June 2015 quarterly SMSF statistical report, there are now over 557,000 SMSF in Australia holding assets worth over $590 million.

Both the number of SMSF and their assets have increased by roughly 6% since June 2014.

So what exactly is a SMSF and why are they so popular?

08-Oct-2015

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Waste not want not

I recently watched an interesting episode of ABC’s Four Corners which focused on the cost to the health system of carrying out unnecessary tests and procedures. It really got me thinking about the importance of identifying and eliminating waste.

01-Sep-2015

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Discretionary Trusts & Corporate Beneficiaries

Corporate beneficiaries have long been used as part of effective tax planning and wealth protection strategies. However, when the ATO released Taxation Ruling TR 2010/3 back in June 2010, the landscape changed and many were left wondering if there was sufficient benefit to justify the continued use of a corporate beneficiary.

11-Aug-2015

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Have you reviewed your pricing lately?

07-Jul-2015

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Property investing - what records should I keep?

Property investing generates a lot of paperwork and email correspondence. What should you keep, and what is safe to throw out? Keeping organised records is important for the smooth running of your investments and to make sure you are compliant with regulations.

25-Jun-2015

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EOFY 2015 is fast approaching

With 30 June 2015 just around the corner, businesses should be finalising their tax planning to ensure that they achieve the best possible outcomes.

The following are some last minute things that you can do to improve your businesses 2015 tax position.

17-Jun-2015

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Work related business travel and record keeping

In today's global economy it is increasingly common for people to travel for work related or business purposes.

10-Jun-2015

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Investing as a young person

Starting a property portfolio as a young person is a challenge, but not an unbeatable one. If you’re a young person hoping to buy an investment property or if you’re helping someone plan their first step on the ladder, here are our hints.

01-Jun-2015

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Small business company tax cut offical

Tax cut for small business owners

18-May-2015 Sky Accountants

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Small business asset write-off

Small business owners $20,000 asset write-off to stimulate investment and growth.

06-May-2015 Sky Accountants

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Are you under-appreciating your depreciation?

Research shows 80% of investors don't claim all of the deductions they are entitled to. Are you one of these?

06-May-2015

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Avoiding overcapitalising

Trading, flicking, renos, The Block. It feels like we're inundated with tales of quick riches made through doing up property. What we don't see so much, though, are the investors who lose money, or who invest in renovations that don't pay adequately for the risk.

27-Apr-2015 Sky Accountants

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Why are accountants always on about super contributions?

How to pay less tax and save for your retirement!

26-Mar-2015 Sky Accountants

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The SuperStream standard

The SuperStream data and payment standard started 1 July 2014 for businesses employing 20 or more employees. These employers need to ensure that they are fully compliant by 1 July 2015. Additionally, employers with fewer than 20 employees will need to start implementation of SuperStream from 1 July 2015. This blog seeks to raise awareness of SuperStream and what employers and SMSF need to do to become compliant.

25-Mar-2015 Sky Accountants

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Expat Tax Services

The acceleration in globalisation has seen a sustained increase in the number of companies seeking to expand beyond their domestic markets. It has also seen a transformation of labour markets with organisations competing for talent on a global scale.

21-Feb-2015 Sky Accountants

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Marketing, knowing and loving your customer

Following on from my last business mentoring blog the next cross-road covered is getting the SME to market with a laser!

21-Feb-2015 Sky Accountants

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Paying Less Tax This Year

Your 9 Point Checklist for Paying Less Tax This Year - (And Why This Checklist Will Be Useless to You in a Few Weeks' Time)

21-Feb-2015 Sky Accountants

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Personal Cash Flow

WHERE DID IT GO?: TAKING THE MYSTERY (AND PAIN) OUT OF MANAGING YOUR MONEY

21-Feb-2015 Sky Accountants

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Six ways to profit from your summer escape

Summer is here, and this may be the perfect time to increase the value of your company.