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🌟 We’re thrilled to introduce our Rising Star Award-Winning Bookkeeper Elisha Lavallin 🌟 The Rising Stars Awards 2024, a dazzling celebration of young innovators reshaping the financial services industry, crowned its brightest talents at a black-tie gala on Friday, 22 November, at the iconic Fullerton Hotel in Sydney. Among the night’s standout honorees was Elisha Lavallin, our phenomenal bookkeeper and BAS agent, who took home the prestigious Rising Star Award for Bookkeeper! ✨ Elisha didn’t just secure a win, she also earned a finalist recognition for the coveted Excellence Award, an accolade that highlights unparalleled dedication, innovation, and leadership across all categories. A Well-Deserved Victory The Rising Stars Awards program,

Here are our top tips to help you make the most of the new financial year and set your business up for success. As a business owner in Australia, the start of a new financial year is an opportune time to evaluate your business performance, set goals and plan for the year ahead. It’s a chance to reflect on past achievements, address challenges and make strategic decisions that will drive your business forward.   #1 Review and update your business plan If it’s been a while since your business plan has seen the light of day, then now is the time to review it and make necessary updates for the new

The recent increases to concessional and non-concessional superannuation contribution caps are a blessing for retirement savings. But did you know there are even more ways to maximise your super and pave the way for the retirement you deserve? Let’s dive into the strategies that go beyond the basics. 1. The power of salary sacrifice Salary sacrificing means choosing to have a portion of your pre-tax income paid directly into your super fund. Here’s why it’s so effective: You lower your tax!Contributions are made from your income before it’s taxed to potentially reduce your taxable income and therefore your tax bill. Boost your super balance fasterSince super earnings are generally taxed

Are You prepared to manage your cash flow in your business? A cash flow shortage is the number one reason why small businesses fail, but even mid-sized and large companies need smart cash flow management to survive and thrive. Insufficient cash forces companies to make difficult decisions about who is going to get paid and when. Unfortunately, this can lead to vendors and suppliers being paid late, being overdue on rent, and even employees waiting on paychecks. So, are you ready to manage cash flow for your business? #1 PLANNING AND FORECASTING. Effective cash flow management hinges on predicting when cash in-flows will slump to hold onto enough cash during

New Year’s Resolutions? Who Are We Kidding? As the calendar flips to a new year, many of us embark on the tradition of setting New Year’s resolutions. We enthusiastically declare our intentions to: lose weight try a new gym routine eat a different diet eat less, move more give up smoking, drinking, chocolate save more money earn more money/find a new job repay debt, or even revamp the budget. Each year we set out with good intentions, but how long do these new resolutions last? As the weeks pass, the initial fervour often dwindles, and by mid February many resolutions are abandoned. Why does this happen and how can we

The outlook on finance for homeowners in 2024 appears significant in anticipation for the RBA to initiate a reduction in the official cash rate. According to the consensus among the major four banks, it is expected that interest rates will likely remain steady throughout most of 2024. However we should not expect a rate cut until at least somewhere between August and December. Economists anticipate that the next rate cut is not likely to occur until between August and December, 2024. As the RBA convenes in February 2024, it is likely that they will maintain current interest rates. Throughout the first half of the year, interest rates are expected to