by Peter Ristevski | May 18, 2025 | Business, EOFY, Small Business, Small Business Tips, Tax Planning
As the 2024/2025 financial year draws to a close, small business owners have a valuable opportunity to reduce their tax liability, improve their cash flow, and ensure full compliance with Australian tax regulations. By undertaking tax planning early and...
by Investment Plus Accounting Group | Apr 30, 2025 | Airbnb, Tax & Accounting, Tax Deductions, Tax Planning
In Australia’s booming sharing economy, platforms like Airbnb have created opportunities for homeowners to earn extra income by renting out a spare room or their entire property. But with income comes responsibility—and understanding the tax obligations is crucial to...
by Investment Plus Accounting Group | Apr 23, 2025 | Business, Tax Planning
For many business owners, the focus naturally leans toward boosting profits. While that’s crucial, managing your tax liability is just as important—because every dollar you pay in tax directly affects your cash flow. The challenge? Australia’s tax laws are...
by Peter Ristevski | Jul 2, 2024 | Small Business, Tax & Accounting, Tax Planning, Tax Tips
As the financial year wraps up on June 30, many Australian taxpayers are eager to lodge their tax returns in July, hoping for a quick refund. However, rushing to submit your tax return as soon as possible may not be the best strategy. Here are several reasons why you...
by Peter Ristevski | Jul 2, 2024 | Economic Outlook, Small Business, Tax & Accounting, Tax Planning, Tax Tips
As you may know (especially after a $40 million public education campaign), personal income tax cuts took effect on 1 July 2024. Simultaneously, the superannuation guarantee (SG) rate increased by 0.5% to 11.5%. For employers, it’s crucial to ensure your payroll...
by Peter Ristevski | Jun 20, 2024 | Small Business, Tax & Accounting, Tax Planning, Tax Tips
As 1 July rolls around it’s time to wrap up your financial year. The end of the financial year is fast approaching. Check out last minute tax tips for small business this EOFY So, get organised now, tick tax time off your to do list, and get back to running your...
