Below you'll find a list of all posts that have been tagged as “Small Business”
Everyone wants to increase their tax refund (or reduce their tax payable). Beck Partners are here to help you to do this! Tax saving strategies generally involve you spending money on “something” which creates for you a tax deduction. The “something” you spend your money on could be an expense, an asset, or an investment related payment (like superannuation or …
“ Of course, I am minimising my tax. Anybody in this country who does not minimise his tax wants his head read. I can tell you as a government that you are not spending it so well that we should be donating extra. “ – Kerry Packer If you agree with K.P. here are some simple strategies you can use …
An enormous amount of Government Assistance has been announced for Small Business recently and staying on top of the details has been a challenge for most people. Following is a summary of the three incentives generating the most enquiries from our clients. Cash Boost = PAYGW Refunds If you normally show Wages on your BAS returns you will automatically get …
“If you always do what you’ve always done, you will always get what you’ve always got” – Henry Ford Its time for a change! Here’s a few ideas to grow your business by finding new markets. Create a video channel to increase your profile If you want to get your goods or services out there in front of a worldwide audience, …
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. Here’s 11 ways to find new customers: 1. Use Direct Marketing that gets results Measure the response rates to each area of your direct marketing campaign, whether it be email advertising, direct mail, or online …
On 12 March 2020 the Morrison government announced the details of it’s coronavirus stimulus package designed to support confidence, boost investment and keep Australians in jobs. Here are the six key elements of the government’s plan: An increase in the instant asset write-off scheme. The threshold jumps from $30,000 to $150,000 until 30 June 2020. A 50% accelerated depreciation deduction. Business will …
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. Target your best customers with offers Identify the customers who generate the most profit for your business or who have the most potential for additional sales. Actively engage with these customers to gain more sales. …
There’s recently been a big tax law change that may reduce the tax deductions for many businesses across Australia. This may happen if you: Don’t lodge your BAS’s on time; or Don’t lodge your payroll each week using Single Touch Payroll (STP); or Don’t properly withhold a tax amount from a payment before you pay it to an employee or …
Your 2019 EOFY Reminders & Action Items Another financial year has finished and as a responsible business owner, there are many obligations that you need to consider and action. PAYG Payment Summaries If you have not used STP for 2019, then you need to provide all of your employees with their PAYG Payment Summary on or before 14 July 2019. …
There is only a short time before the Federal Election on 18 May 2019, and there’s a lot of wild speculation and “fake news” in the media. We’re not trying to recommend who you should vote for, but instead we believe that it is vital that our clients understand how they will be affected by the result of the Election. …
