by Investment Plus Accounting Group | Oct 30, 2023 | Cyber Security, How To, Small Business, Small Business Tips
Around 2.3 million small businesses face new obligations around the handling of personal information after the government said it would remove a current exemption from the Privacy Act. The overhaul would also remove a current policy exemption for businesses with...
by Investment Plus Accounting Group | Oct 18, 2023 | Asset Protection, Small Business, Small Business Tips
When starting your own business, you must employ the right people, build relationships with good clients, and market your business. However, considering how your business should be structured and whether it can effectively protect your business and personal assets may...
by Investment Plus Accounting Group | Aug 24, 2023 | Small Business, Small Business Tips
Depreciating assets are assets used by a business that lose value over time through wear and tear, age and obsolescence. Examples include equipment, machinery, vehicles, furniture and computers. Find out how depreciating assets can reduce your tax bill. For tax...
by Investment Plus Accounting Group | Aug 7, 2023 | ATO, Director Penalty Notice, Small Business
We all hear about director penalty notices (DPNs) for company directors and its power over personal liability for certain tax debts. But what about the 31% of small businesses operating as sole traders? The ramifications that can flow from a sole trader with tax debt,...
by Investment Plus Accounting Group | Aug 7, 2023 | Money Saving Tips, Small Business, Small Business Tips
As a small-business owner, a recession or downturn can be daunting. However, with the right strategies in place, you can recession-proof your business and emerge stronger from economic downturns. Recessions may present challenges, but as a small business owner, you...