If you’re planning a construction or building project in New South Wales (NSW), you might come across the Long Service Levy, which applies to building and construction work. This levy is designed to support long-service benefits for workers in the construction industry, and it applies to projects that meet certain criteria. Understanding how the levy…
Sitting around wondering why cash flow is important for your current venture? With financial issues a common painpoint for Aussie businesses, it’s more crucial than ever before to know why your money management is the be all and end all. As a business owner, getting a handle on your cash flow is mission critical for…
Profitability analysis: it may come as a surprise to many people that some of the fundamental knowledge you should have as a business owner revolves around knowing whether your business is profitable or not. And yet, time and time again, I head into client meetings, and the first thing I ask them is whether they…
Organising ATO payment arrangements can help with dealing with tax debts that can be stressful, especially with those unpaid monthly and quarterly amounts incrementally building very quickly. Many small and medium-sized business owners in Australia have a lot of tax to pay to the tax office and can’t afford it. Fortunately, payment plans with the…
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