by Investment Plus Accounting Group | Apr 5, 2023 | Business, Business Advisory, How To, Small Business
A financial crisis is challenging for any organisation, but small businesses are especially vulnerable in such a situation. They lack access to the same resources as larger companies, plus they need to be creative in order to survive. Market volatility and economic...
by Investment Plus Accounting Group | Mar 29, 2023 | Asset Protection, Business, Business Advisory, How To, Small Business, Tax & Accounting
Starting a small business and turning a passion or an idea into something bigger is a dream for many Australians. Being your own boss and building something from the ground up can be incredibly rewarding – but it’s not always smooth sailing. Being a small business...
by Investment Plus Accounting Group | Mar 23, 2023 | ATO, How To, Small Business, Tax & Accounting, Tax Deductions, Work from Home
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
by Investment Plus Accounting Group | Feb 20, 2023 | Business, Business Advisory, How To, Small Business
A business can find itself on an incredible growth trajectory, where enthusiasm and motivation are high, revenue is booming and opportunity is endless, only to be completely wiped out by a legal landmine that goes off when the owners least expect it. This is the...
by Investment Plus Accounting Group | Sep 29, 2022 | Government Support, Small Business
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. The proposal was previously included in the last budget and the new Labor government has adopted this scheme. Eligibility Two schemes will be...
by Investment Plus Accounting Group | Sep 29, 2022 | Cashflow, Small Business
When it comes to running a small business, cash flow management is king. Effective cash flow management is the difference between running a successful business and, unfortunately, going out of business. We’ve all heard the saying that ‘cash is king’, but despite the...
