Changing accountants is a weighty decision, there are lots of factors you will need to take into consideration and much like any decision around your finances, it’s important never to rush into this decision.
If you are a new business owner, your approach to tax should be a top priority as this can impact your longer-term success.
The Pilbara region presents a unique set of challenges for business owners who need specialised advice to drive business growth.
Inevitably, when the market dips people will panic. Unfortunately, media coverage in this situation can inflate people’s anxiety with sensationalist reporting. It is essential to remember that market dips are an inevitable part of investing and the market cycle.
Receiving a Director Penalty Notice (DPN) can be a stressful situation, which can be difficult to navigate. These situations become even more stressful for former company directors who may feel trapped by their past responsibilities
As retirement approaches, putting extra funds into your superannuation can be a wise decision. This is especially true if you come into extra money through an inheritance or the sale of a significant asset. Increasing your super contributions not only enhances your retirement savings but also offers the benefit of tax-free income when you start withdrawing from your super during retirement.
Securing a home loan can pose challenges for people who are self-employed, even if they have stable and regular income. Whilst loan approval is achievable, it often requires extra effort in the application process as lenders have stricter criteria for business owners.
Property investment is a popular strategy for building wealth,
particularly in Australia. However, it is not as simple as buying a property and waiting for the profits to come. The type of property you choose to invest in may significantly impact costs you incur and your overall return.