Small Business Handbook

Compiled information and guides created for small businesses

Latest articles

cashflow boost audit article feature image

An Accountant’s Tips on Dealing with Cashflow Boost Audits

The ATO has announced that it will be actively reviewing entitlements by conducting cashflow boost audits and JobKeeper audits. At ...
Read More
jobkeeper audit article feature image

JobKeeper Audits: How to Deal with the ATO

JobKeeper audits will form a big focus for the ATO as JobKeeper 1.0 comes to an end. The ATO has ...
Read More
Family Trust Benefits

What is a Family Trust? (4 Family Trust Benefits & Disadvantages You Must Know)

Family trust benefits can have significant positive impacts on your family finances. In the most recent study on trusts by ...
Read More
Questions to Ask Your Accountant

6 Questions To Ask Your Accountant That Can Save You Thousands

So, you may have recently switched accountants, or you may have just started a new business venture. Perhaps you've just ...
Read More
How to Calculate Capital Gains Tax

3 Simple Methods: How To Calculate Capital Gains Tax (And Concessions You Can Take Advantage Of!)

Understanding how to calculate capital gains tax is incredibly useful in all stages of owning an asset whether it's looking ...
Read More
Chartered Accountants and Accountants

The Major Differences Between Chartered Accountants and Accountants

Trying to find out the difference between Chartered Accountants and Accountants? When you're looking for an accountant for your business, ...
Read More
Benefits of Setting up a Pty Ltd Company

5 Powerful Benefits of Setting Up a Pty Ltd Company (2020)

Updated: 14 July 2020 If you're a sole trader or in a partnership, you're probably trying to figure out if ...
Read More
ATO Audit - What To Do

#1 Guide to Surviving an ATO Audit

So you or your accountant has been notified that an ATO review and/or an ATO audit will take place on ...
Read More
Negative Gearing in Australia

Negative Gearing in Australia: Should You Do It?

Hearing all this chatter about negative gearing in Australia and want to know what the fuss is all about? Or ...
Read More
Australian Small Business Depreciation

The Best Guide to Maximising Small Business Depreciation

Small business depreciation calculations have gotten a whole lot more simple thanks to the ATO's simplified depreciation rules that took ...
Read More
Profitability Analysis

Profitability Analysis: Are you 100% Sure Your Business is Profitable?

Profitability analysis: it may come as a surprise to many people that some of the fundamental knowledge you should have ...
Read More
FBT Exemptions

How to Save $1,000s with FBT Exemptions

Each year, there are possible FBT exemptions for business owners who decide to spend money on corporate gifts or organise ...
Read More