Selling Your Business? Key Financial Steps to Prepare
Selling a business is more than a financial decision—it’s an emotional journey. Whether you’re stepping away after years of hard work, pursuing new opportunities, or planning for retirement, the process of selling requires careful preparation to ensure you achieve your desired outcome. Regardless of the reasons behind the sale or the success of the business, one truth remains: financial readiness [...]
Do You Need a Tax Accountant? Key Benefits for High-Income Earners and Business Owners
For high-net-worth professionals and business owners, navigating Australia’s complex tax landscape can feel like solving an intricate puzzle. Between ever-changing regulations and the demands of managing wealth or running a business, the risks of missed opportunities or compliance issues are high. While some attempt to tackle taxes alone, the guidance of a professional tax accountant can be transformative—streamlining your obligations [...]
The value of audit in your business success strategy
Businesses that engage genuinely in the audit process will realise value in the confidence it can bring in terms of business success, financial security, improved profitability, efficiencies and productivity. For those seeking to attract new investors or finance from banks, audit offers additional opportunities to satisfy requirements and provide peace of mind. As Sydney accountants with a long established presence [...]
Tax planning: Act now to avoid paying more tax than you should
As we approach the end of another financial year, now is the time to consider the tax planning strategies that will help you optimise your cashflow and avoid paying more tax than you should. Each year, we assist a diverse range of clients – including business owners, family groups and individuals – to make the most of tax planning strategies, [...]
Australian film industry’s ‘Ticket to Paradise’
George Clooney and Julia Roberts’ recent arrival on Hamilton Island is one of the latest and greatest results of the Australian federal government's Location Incentive Program. ‘Ticket to Paradise’, which reportedly received a $6.4 million grant, is expected to generate $47 million for the Australian economy and create more than 270 jobs. In July 2020, the government announced a $400 [...]
Should you change your business structure?
A lot has changed over the past two years. As business owners take stock, many are questioning whether the business structure they established years ago remains appropriate for their needs, particularly in regard to tax benefits and asset protection. As the business environment and your personal situation evolve, it is wise to review your business goals and structure to suit [...]