We want to empower our clients with useful financial and business resources. In this section you will find tools and information to make impactful financial decisions. The resources here will be helpful in business and your every day life.
To help you get your documentation prepared for your individual tax return.
A selection of helpful calculators to help you stay on top of your finances.
Our Vlog will keep you up-to-date on important business topics.
A quick reference guide for key ATO due dates.
Managing change in your business
Managing change in your business requires employee engagement. Whether it is a small change to one or two processes, or a business-wide change, it's common for staff to feel intimidated by it.So what can you do for successful implementation of change? Read More…
5 steps for getting the best from your digital tools
Making your business more efficient, productive and automated is central to running an effective small business in the digital age.Let’s look at the practical steps for getting the best from your digital tools. Read More…
6 Secrets to getting prompt payment
If you’re struggling with late payments, and around half small businesses are, here are some simple strategies to use. Read More…
Getting late payments under control
63% of Australian businesses say they are losing money to late payments. Here’s what you can do to get your late payment issues under control. Read More…
Learning to make good business decisions
Financial reports show where your business has been; KPIs and expert guidance help decide where it’s going. Combine solid data with strategic thinking to make every decision count. Read More…
Why it's smart to accept payments online
Online shopping shines because payments are fast, simple and effortless. Learn why accepting payments online is a smart move that lets your customers enjoy the same instant, smooth checkout experience. Read More…
10 Ways to improve business performance
Running a business effectively requires focus, planning, and smart decision-making. In this blog, we outline 10 ways to improve your business, from streamlining operations to leveraging technology and enhancing client engagement. Read More…
Your 101 guide to Environmental, Social and Governance (ESG)
Every business leaves a footprint — on the planet and in the community.
Strong ESG practices help you make that footprint a positive one. Lead with purpose. Grow sustainably.
Read More…
5 challenges for small business - and how to beat them!
Want to know how to beat the most common business challenges? We’ve highlighted five common challenges and the simple ways to overcome them. Read More…
Making data meaningful in your small business
Data is only powerful with context. It needs to be accurate and organised and you need to be clear on the necessities vs the niceties. We can accumulate, analyse, report and advise on your data or the tools to help get the clarity you need. Read More…
Does your business have a succession plan?
Research from MYOB shows nearly half of Baby Boomer business owners are planning to exit in the next 1 to 5 years. But do you have a succession plan in place to guide this exit? Read More…
3 Cloud accounting tips to save your business time and money
Accounting tasks don’t have to eat into your business time. With the right cloud accounting software, you can save time and money – while also getting tighter control over your finances Read More…
Cyber Security Awareness Month: Top Tips to Protect Your Business
With cyber threats on the rise, especially targeting small businesses, taking proactive steps is essential. In this post, we’ll share practical tips to help you safeguard your systems, data and people from common cyber risks. Read More…
Should you lease or buy your business assets?
Should you buy or lease your new equipment? Here are some pros and cons of each. We can also review your financial position, cashflow and cost base to decide whether buying or leasing is the right option for your business. Read More…
7 in 10 managers liken supervising Gen Z to babysitting or parenting. But is your people management style what’s at fault? We explain how to get the best from your Gen Z employees. Read More…
Could your business survive without you?
Would your business fall apart without you? What’s your Plan B in case of accident, illness, or just so you can take an occasional holiday? If you were thinking of selling it, what’s your exit strategy? Read More…
Keeping your tax and expenses in check when you are self-employed
Self-employment comes with freedom and financial responsibilities. This blog shares tips to help you track expenses, prepare for tax time and keep your business finances in check. Read More…
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Are you undercharging for your services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. Costs have been rising, so it may be time to rethink your own pricing. Read More…
Right to Disconnect and Employee Choice Pathway
From 26 August 2025, all businesses including small ones must follow new Fair Work laws on the Right to Disconnect and the Employee Choice Pathway. Read our blog to understand what these changes mean and how to stay compliant. Read More…
How to claim tax deductible expenses as an individual
If you’re incurring expenses as part of your job or self-employment, you can claim some of these expenses back and lower your overall income tax bill. Here’s what you need to know to avoid missing out. Read More…
How to use forecasts and scenario-planning
If you’re only looking back at historic numbers, you limit the insights you’ll gain. Forecasting highlights your future threats and opportunities – and creates a proactive strategy for the future of your business. Read More…
Understanding the impact of Cost of Sales (CoS)
Your Cost of Sales (CoS) is a vital financial metric to understand. We’ve highlighted 5 important ways that CoS impacts on your operational efficiency and your financial health. Read More…
The value of old-fashioned customer service: Getting customer feedback
Your customers are one of your most valuable assets. But when was the last time you reviewed your customer service levels? Let’s dive into the power of great customer service and asking for honest feedback. Read More…
Do you need to improve the cash flow position for your business?
Turning a profit is at the heart of running any successful company - But without cash flow, you can't run your day-to-day operations or grow
the business.
Talk to us about how you can increase cash flow in your business.
Read More…
Setting goals for you and your business for the new financial year
The new financial year is a new beginning. As a business owner this a great time for you to reflect on where you are at and think about your business goals for the financial year ahead. Read More…
End-of-Financial-Year Checklist for Businesses
Don’t let the end of the financial year catch you off guard. Use our EOFY checklist to get organized, stay compliant, and plan for growth. Read More…
What makes a business expense tax deductible?
The ATO recently published some ‘wild claims’ that business owners had tried to make for business expenses. But what CAN you claim and what CAN’T you claim? Read More…
Training vs Trial & Error: Why teaching your staff to use software properly pays off
Trial and error might feel easier, but proper training gives you clean data, confident staff, and the ability to use your software to grow your business. Read More…
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Many business owners are reviewing their priorities and their work-life balance. How can you reclaim time and balance in your business? Read More…
Understanding ATO Small Business Benchmarks: A Must for Compliance
Understanding and meeting ATO benchmarks can mean the difference between business success and unexpected audits. Read More…
Tax measures proposed by the re-elected ALP
With the Australian Labour Party forming the government for a second consecutive term there are certain tax measures being proposed that you should be aware of. Read More…
Mythbusting "Timesheets Are Only for Large Teams"
Tracking time helps any business owner work smart and avoid productivity black holes. Even if you’re a one -person business, tracking your time can be the key to working smarter not harder. Read More…
A dedicated team can be the point of difference that propels your business from good to great. Read More…
Why accurate leave management is so important
Your business could be at a serious risk of making costly errors if you aren’t managing your leave correctly. Read More…
Deductions denied for ATO interest charges
The ATO can apply a general interest charge (GIC) if an amount of tax or some other liability remains unpaid after the due date. Read More…
Reducing the uncertainty: Financial Forecasting and Planning
Analysing your cashflow statements, profit and loss reports and quarterly management accounts gives you an indication of where you’ve been as a business by using forecasting and scenario-planning, you make it easier to manage your finances and reduce some of the financial uncertainty. Read More…
Underpaying your staff is now a criminal offence: What does this means for your business?
Did you know it is now a criminal offence to intentionally underpay your employees? Paying your employees the correct amount is an important part of being an employer. Read More…
Interest Rates Are Dropping—What It Means for Your Business
The Reserve Bank of Australia has lowered interest rates to 4.1%, down from 4.35%. What does a drop in interest rates mean for you, your business and your financial opportunities? Read More…
Making your business work for you: The Big Goal
Is your business helping you deliver on your personal goals? Our new series looks at ways to make your business work for you, with handy hints on setting and tracking your goals. Read More…
Coping with the skyrocketing cost of living
Household living costs have skyrocketed and seem set to keep rising this year. Read More…
How to optimise your business: Nurture your team and employee experience
Being a caring and supportive employer is a great way to improve your employee experience. Are you providing a caring, supportive workplace that also drives the success of your business? Read More…
Tax Planning helps you do more with your money
Tax planning is a strategic approach to managing your business’ financial affairs, allowing you to do more with your money. Read More…
Business Tips: Using forecasting to help your decision-making
Good-quality forecasting can be just as useful, giving you an informed view of the future of your business and finances. Read More…
Deductions for Primary Producers
If you're a primary producer in Australia, you probably know that most capital expenses—like farm buildings, equipment, and infrastructure—are depreciated over multiple years. Read More…
How to optimise your business: Build on those customer relationships.
Customers are the bedrock of your business, and building better relationships with your customers is a keyway to optimise your business for the future Read More…
How to optimise your business; get proactive with your finances
Keeping on top of your finances is a critical part of keeping your business on track. But are you doing everything you can to optimise your financial management? Read More…
Five big business challenges in 2025
Uncertainty has been a defining phrase within businesses. We’ve highlighted five business challenges for 2025. Read More…
The value of cashflow forecasting for your business
Remaining in control of the cash coming into (and going out of) the business is the real focus, so you can accurately predict your financial position and can resolve any issues. Read More…
Could the surcharge ban on card transactions help your business?
Paying the required surcharges on debit card transactions made by your customers is an operational cost that many business owners would love to see disappear. The Government is proposing banning these surcharges from January 2026. Read More…
How can small businesses compete with the big chains?
How can your small business compete with the big multinationals? Here’s how to maximise your boutique appeal to retain existing customers and draw in new ones. Read More…
Dealing with uncertainty – tips for business owners
Inflation may be down, but there’s still real uncertainty for business owners. So how do you get more clarity for your future plans? Read More…
Christmas Parties and Gifts that are FBT Free
Christmas is just around the corner, many businesses are planning end of year functions and gifts for employees and valued clients. There are a number of tax implications that need to be considered. Read More…
Planning for seasonal dips in income
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. Read More…
When should your business be passed to the next generation?
You’ve spent a lifetime building up your family business, growing the company and creating a lasting legacy for your nearest and dearest. What are the signs that it’s time to step down? And what’s the best time to put your succession plan into action and to pass the reins to your successor? Read More…
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How to add value and secure your future when selling your business
Thinking of selling your business? It’s vital to plan ahead and to add value to the company, prior to a sale. Here are five key areas of value to focus on as part of your exit strategy. Read More…
Key numbers to focus on in your business now
For many businesses, priorities have changed, customer behaviours have mutated, and revenue streams have had to evolve and pivot to maintain a profitable business model. Read More…
Keeping your tax and expenses in check when you are self-employed.
Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. Read More…
The ATO's top tips for running a small business
The ATO has set up a new advice portal for small business owners, giving you tips and advice on your finances and business taxes. Read More…
Your employees have the right to disconnect
Did you know your employees now have a legal ‘right to disconnect’ from after hours work calls and emails? Read More…
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In honor of Scam Awareness Week, please find five tips and resources to help you, and your small business stay vigilant against scams and boost your cybersecurity. Read More…
6 Powerful Reasons to Watch your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. We have 6 reasons why we recommend you should start. Read More…
Are you meeting your SMSF Governance Requirements?
Opting for a self-managed superannuation fund (SMSF) may give you more control over your investment strategy and allow you to be more agile as a fund in the market Read More…
Do you have a plan for where you are heading with your business? It is never too early to think about your exit strategies. See our latest blog for ideas to start your planning. Read More…
8 ways to save time (and money) in your business
When time really is money, it’s worth finding ways to reduce tedious and repetitive admin tasks – and better tech is usually the answer. Ready to automate jobs, digitise data and free up time? We can help. Read More…
Xero Health Check: Ensure Your Financial Year Starts Right
As we head into the new financial year, it's the perfect time to review your Xero file. Xero is a fantastic business tool and can be easy to navigate, but with so many responsibilities as a business owner, things can slip through the cracks. Read More…
Congratulations Gillian and Katy
We are delighted to announce the promotion of two of our senior team, Gillian Hayward and Katy Day, to Directors of WDF Accounting + Advisory, effective 1st July 2024. Read More…
DIY Accounting vs Hiring an Accountant
From spreadsheets to strategies: Discover if DIY accounting or hiring pro suits your business best! Read More…
What are your business goals for the year ahead?
The beginning of a new financial year is quickly approaching. What will you do differently this year to enable your business to thrive? Here are a few ideas to inspire your business planning for a positive start to the year! Read More…
A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting! Read More…
2024-25 Federal Budget Highlights
The 2024-25 Federal Budget is out! We’ve highlighted what you need to know for your financial year ahead… Read More…
Embracing the AI-Human Synergy
The emergence of AI-driven tools like OpenAI's ChatGPT has captured significant attention, particularly regarding their potential to streamline internal operations and bolster employee productivity. However, amidst this technological surge, does the ascent of AI foreshadow the redundancy of human staff? Read More…
Your guide to claiming working from home expenses for 2023-24 income year
Tax time 2024 is fast approaching and with many individuals still working from home partially or completely, this quick guide can assist you with completing the calculations for claiming the deduction. Read More…
Digging Deeper into Cloud Accounting
Using your cloud accounting software to just do the bookkeeping barely scratches the surface. Continue reading to find out how you can get more out of the cloud! Read More…
10 Steps to Business Continuity Planning
‘Business continuity’ is the process of planning out how your company can continue trading – when disaster hits. Keep reading to find out our top 10 steps to business continuity. Read More…
Are you hiring the best talent for your business culture?
Are you hiring the best talent for your business culture? When hiring a new starter, it is critical to assess that they will fit seamlessly into your business culture… Here’s 5 ways to make sure your next hire is a perfect fit! Read More…
Are you making the most of your business data?
Your app stack generates a goldmine of insightful data everyday. Are you getting the most out of what your data can provide for you? Read More…
Thank you Wagga Wagga & Riverina! We were able to successfully raise over $50,000 in funding for our three local non-profits at this year's Pitch Up Wagga Wagga. Read More…
Bookkeeping is a fundamental part of the financial process for any business. Without it, your accounting software has no data to work with. Keep reading for some tips to maximise your bookkeeping. Read More…
Lodge your overdue TPAR now to avoid penalties
The ATO is reminding businesses to lodge any overdue taxable payments annual reports for 2022-23 or prior years by 22 March to avoid being penalised. Read More…
Five Steps to Better Cash Flow
To maintain a healthy cash flow, you need more than just strong revenue. Improve your small business cash flow by implementing five simple rules. Read More…
How to prepare your business for an audit
Carrying out an audit of your business finances is a mandatory requirement for many companies. Read More…
Review your expenses - and save yourself money
Spend management is all about getting in control of your expenses – and, where possible, aiming to reduce the level of costs and overheads that you incur as a company. Read More…
Riding the waves of technological advancements
Technology is changing how we do business, adopting and integrating these new technologies is essential if you want to remain competitive. Read More…
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Tax planning helps you do more with your money
Tax may be boring, but smart use of tax planning is a superb way to help you do more with your money. Read More…
Using testimonials and case studies to boost your business
You can spend all day telling people how wonderful and great your product or service is, but what they really want is proof. Ask your most loyal customers to send you a short statement on why they chose you, or what they like about your product or service. Read More…
Owning vs Renting your commercial premises for your business.
Are you tired of paying rent for your commercial premises and are considering buying property for your business? Owning a building works best if your business is well-established, you have money to invest, and you are taking a long-term approach. Read More…
Finding and retaining key talent for your business
Globally, 4 in 5 employers report difficulty finding the skilled talent they require. So, how do you find the people your business needs? Keep reading for five ways to maximise your prospects of finding the talent you need. Read More…
Setting goals for you and your business in 2024
With the new year comes new year’s resolutions. Whether you aim to grow your business or create more personal time, having a clear vision and actionable goals can help you achieve your long-term plans. Here are some tips to get you started. Read More…
We know how busy December gets for everyone, and it is no different at WDF. We make sure we find time to celebrate the year as it draws to a close. Read More…
Discover the untapped potential of Instagram for your business
From creating eye-catching content to using hashtags effectively, this guide will help you build an impactful presence on Instagram. Read More…
Holiday Cashflow for Your Small Business
As the holiday time of year approaches, it can be hard on small business. Is your business cashflow in good health to carry you through? Keep reading for tips to minimise the stress of cashflow over a holiday period so you can have a well deserved break. Read More…
Rules and entitlements during the end-of-year holiday season
As we head into the summer holiday period, we have some tips to help you navigate the sometimes confusing rules on entitlements for public holidays, shutdowns and leave provisions. Read More…
Next-Level Business Support: WDF now offers HR Services to further support you
As a business owner, you know best of all that running a business is like juggling a dozen balls at once. As your business grows, so do your HR needs. Now WDF can help with your HR requirements. Read More…
10 questions to ask yourself as a business owner
Do you want to take your business to the next level? Here are 10 questions to ask yourself as a business owner to help position your drive to growth and success. Read More…
Christmas Parties, Gifts and FBT
The countdown to Christmas and the end of year is on. Make sure to consider tax implications as you plan your business end of year function and gifts for employees and valued clients. Read More…
Every Business Starts with an Idea
Every business starts with an idea. It might be a crazy concept that’s never been done before or a twist on a common product or service. It might be something everyone will want, or it might fill a tiny niche in the market. There’s no single way to find the best business idea – it’s about finding the one that suits you best. So how do you do that? Read More…
Top tips for building a strong company culture
No doubt we’ve all experienced working in ‘good’ places and ‘not-so-good’ places. The work environment is one of the top reasons people leave their jobs. There are a lot of good business reasons to focus on creating a positive culture in your company. Keep reading for tips on how to develop and maintain a good company culture. Read More…
Understanding Your Profit and Loss Statement
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. Learning about the relationship between costs and revenue can assist you in making better business decisions. Read More…
Positive cashflow is integral to running a successful business. Here is our guide to understanding cashflow and how to get in control of your cashflow position. Read More…
Demystifying the PAYG Instalment System
Navigating the Australian tax landscape can be a complex endeavor, but understanding the intricacies of the PAYG Instalment System can make the process much smoother. Read More…
Avoid ATO's Increased Tax Penalties
After a recent increase in ATO penalty rates in January 2023 and July 2023, this can now mean that if you fall behind on your tax lodgments you can expect the financial penalties to increase substantially. Read More…
We were thrilled to be awarded the Wagga Business Chamber's Golden Crow award for 2023 as well as winning the category of Employer of Choice. Read More…
5 Questions to ask when you are buying a business
Purchasing an existing company is a great way to expand your business empire. Whether this is buying out a competitor or dipping your toe into a new industry it is important to make sure you ask all the right questions before going ahead. Read More…
Tips for Improving Inventory Management
Managing your inventory to have the right products at the right time for your customers is critical in retail. Keep reading our blog for tips on product sourcing, tracking metrics and other key areas. Read More…
At the start of each financial year we take a day out as a firm to plan for the year ahead and have a little bit of fun. Read More…
Tax Tips for Self-Managed Superannuation Funds
SMSF management can be time consuming and complicated. It's important to get your deductions and record keeping correct for the SMSF audit process and tax return. Read More…
Fringe Benefits Tax and Business
Benefits provided to employees or their associates in addition to salary or wages are known as fringe benefits. These benefits are paid for by the employer from pre-tax earnings, making the provision of benefits attractive to employees. Read More…
Are you making the most of allowable tax deductions? We'll help you understand what you can claim. Read More…
In business, having the right people around you is so important. With the new financial year having just begun, now is the perfect time to plan for the future and assemble the team around you to help you achieve your goals. Read More…
Introducing our HR Partner Service: Empowering Your Business Growth
As a trusted provider of accounting and business advisory solutions, we are excited to expand our services and offer a suite of HR support. Our dedicated HR service provides you with the support you need to focus on your strengths while we handle a range of HR matters for you. Read More…
The true cost of a new employee
The cost of replacing an employee can be high. When you calculate pay rises, make sure you are considering industry salary norms, inflation, the value your employee brings and the cost of replacing the person if they left your business. Read More…
Take care of yourself, not just your business
53% of business owners suffer from stress and anxiety. So what can you do to take care of your own mental health and work mindfulness into your usual life routines? Read More…
Fair Work Commission Wage Review
On 2 June, the Fair Work Commission announced its annual wage increase. The increase applies from the first full pay period starting on or after 1 July 2023. Read More…
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From 13 September 2023, the price of Xero Business plans in Australia is changing. Read more about detailed pricing changes. Read More…
With the popularity of this non-traditional currency on the rise, its important to understand that there are tax obligations associated with acquiring or disposing of cryptocurrency. Read More…
Is your business planning leading you down the right path?
As a business owner, part of your job is to guide the course of the organisation and provide the roadmap for success. We've highlighted five important elements that you need to focus on in your forward planning. Read More…
Trust management can be complex. Whether you have a trust set up for investment or business purposes, there are some common elements to getting ready for the trust’s tax return. Read More…
ATO’s crackdown on residential investment property loans and tax compliance
The ATO has announced the commencement of a new data matching program for property investors which involves obtaining data from various financial institutions. Among other things, the information collected will include loan details and borrowing costs. Read More…
2023 Federal Budget - $20,000 Small Business Instant Asset Write-Off
The 2023 Federal Budget announced a $20,000 instant asset write-off for small business allowing those with aggregated annual turnover of less than $10 million to immediately deduct eligible depreciating assets costing less than $20,000. Read More…
2023 Federal Budget – Summary of Superannuation Changes
The 2023 Federal Budget announced a number of key changes relating to superannuation. Read more here. Read More…
The Ultimate Balancing Act: Work - Life Balance
Do you stress about your work/life balance - a little stress can actually be good for you as long as you keep it within bounds. Read More…
Why your accountant is the mentor you didn’t know you needed
A business mentor can provide guidance and support to enable you to make the right decisions, and to help you stay focused on the end goal as a business owner. But have you ever thought of your accountant as a mentor? Read More…
How to Claim for Working from Home Expenses
As working from home is becoming more common, it's important to consider the deductible expenses that may be claimed in your tax return. Read More…
Super Guarantee Rate Rise in July
The super guarantee rate will rise in July this year to 11%. Have you calculated the extra cost to your business? This rate increase may also affect salary packages. Prepare for this extra cost now so you don’t get caught out. Read More…
Understanding the Basics of Business Taxes
In business, there are many taxes to understand and navigate. The different business structures will mean taxes are paid in different ways. We'll help you manage and plan for the relevant taxes your business will need to pay, and we’ll claim the right tax concessions. Read More…
Digital Signatures and Cyber Security
Did you know that authenticated digital signatures can be more secure than handwritten ones? However, not all digital signatures have the same level of verification and cyber safety and it's important to understand the differences. Read More…
We proudly hosted Wagga's first Pitch Up Wagga Wagga. A live crowdfunding event on 30 March raising more the $70,000 for three local organisations making positive change for people in our community. Read More…
Getting Your Bookkeeping Ready for a Digital Future
Keeping up-to-date records of your business transactions may not be the most glamorous part of being a business owner and entrepreneur. But here's why digital bookkeeping is the way forward for any serious business in 2023. Read More…
Invest in your employees to get the maximum benefits from remote working
Remote work has become increasingly popular over recent years. Many companies now offer their employees the ability to work from home or other external locations. Maximising remote working strategies can lead to increased employee engagement. Read More…
Which is more important? Cashflow or profit?
Which is more important? Cashflow or profit? We’ll explain why getting in control of your cash is vital for the stability and continued success of your business. Read More…
Building Your Network to Create Business Development Opportunities
Building genuine networks can bring so much value - sharing ideas and learning from each other. They can broaden your horizons and may lead to new and innovative business opportunities. Read More…
New Accountability measures proposed for ABN Holders
Newly Introduced accountability measures for ABN holders means your ABN may be cancelled if you have 2 or more outstanding income tax returns for income years. Read More…
Get on Top of Your Cyber Security
As businesses becoming increasingly reliant on technology and digital systems, cyber security risks also increase. We outline a number of strategies to start you on the right path of mitigating your cyber risks. Read More…
Shared Equity Home Buyer Helper
The NSW Government is launching an initiative to make home ownership more achievable for single parents, older singles and key worker first home buyers. Read More…
Getting your pricing strategy right is a critical part of business. Finding your pricing sweet spot can take time. Keep reading for five signs that you might be undercharging. Read More…
Expand the Skill-Set of Your Business
An investment in employee development is an investment in the future of your business. It’s also a sign that you want to support the careers and progression of your people. Read More…
Business Plant and Equipment: Buy or Lease
When your business needs new plant or equipment, what’s the best choice – buy or lease? There are some basic considerations that can help you weigh up the options. Read More…
Thanks to compound interest, a little can go a long way. The earlier in your working life you start paying attention to your superannuation, the better off you will be at retirement. Most importantly, it's never too late to take action to grow your super! Read More…
Building Resilience in Your People and Yourself
Having a healthy workplace that support mental health and builds resilience is a win-win for employers and employees. Keep reading to look at ways leaders and managers can take steps to care for wellbeing and mental health in the workplace, support employee wellbeing, and build an open and supportive company culture. Read More…
We've been enjoying some fun times together as the year comes to a close. Check out the amazingly creative Christmas cubicle decorating that our teams have produced! Read More…
Digital Payroll for Your Agribusiness
The Fair Work Ombudsman and the Australian Taxation Office are actively investigating agribusinesses payroll records. If you are currently managing your farms payroll on a spreadsheet or paper-based records it may be time to convert to digital records. Read More…
Check Your Business Performance Benchmarks Against the ATO Small Business Benchmarks
Each year the ATO publishes industry-based data to highlight specific ratios of financial and other types of performance. Comparing your business performance against these benchmarks can be a useful exercise to see how your business is performing. Read More…
New Paid Family and Domestic Violence Leave
The Australian Government has introduced paid family and domestic violence leave for all employees. Next year, employees will be able to access 10 days of paid family and domestic violence leave in a 12-month period. This includes casual and part-time employees. Read More…
Is Your Business Focused Enough on Cyber Security
Keeping your data safe can be a big worry for Australia's digital businesses. Recent high profile data breaches have put the spotlight back on cyber security. Now's the time to get your cyber security reviewed, updated and tightened. Read More…
Bookkeeping for the Construction Industry
The building and construction industry is complex and has been hit hard recently. Getting the right administrative tools and software can ease the pressure that many are facing. Read More…
The Federal Treasurer, Dr Jim Chalmers, handed down the Labor government's first Federal Budget on 25 October 2022. Here are the highlights of some of the tax and accounting measures announced. Read More…
Scaling Up Your Business and Workforce
Is your business ready to scale up? Have you prepared with a viable scale-up plan with costings and budgets and achievable targets to meet? Read More…
The income test to qualify for the Commonwealth Seniors Health Card will increase to $90,000 a year for singles (up from $57,761) and to $144,000 a year for couples (up from $92,416). Read More…
Key Numbers to Focus On In Your Business
It's never been more important to have a good grasp on your business finances to track, monitor and drive your financial performance. What are the key reports to focus on in your business? Read More…
Superannuation for Young People
If you're just starting in the workforce, it pays to learn about superannuation and how to make the most of it. Keep reading for some useful tips to get going on the right foot. Read More…
Getting paid late is bad for business. It constricts cashflow and sometimes even has the flow on effect of you missing your own bill deadlines. Fortunately, there are ways to minimise the pain of debtor follow-up. Here are 6 tips to help you get paid faster. Read More…
Knowing what your customers want helps you meet your growth targets. We’ve outlined 5 ways to improve your understanding of your customers, through better data, analysis and feedback. Read More…
A crystal ball would be handy in business. Good-quality forecasting can be just as useful, giving you an informed view of the future of your business and finances. Read More…
Why You Should Have a Business Continuity Plan
None of us truly know what lies around the corner. Sudden unexpected threats can catch you on the hop. A business continuity plan will help you to deal with situations that can otherwise derail your usual operations. Read More…
The Difference Between Cashflow and Profit
The foundational goal of any business is to make a profit. What is the difference between profit and cashflow and why is "cash king"? Read More…
Keeping your data safe as a remote worker
We’ve all been doing a lot more remote working in recent times. Have you thought about the security implications of using your device on a public network? Read More…
Changes to Superannuation from 1 July 2022
From 1 July 2022, there are several changes to superannuation laws that you may be able to take advantage of. Keep reading to find out more. Read More…
New Employees? Find out about Stapled Super Funds
Do you have new employees? Do you know about the new 'choice of super' rules? If you have any new employees that don’t nominate a specific superannuation fund, you may need to request their ‘stapled super fund’ details from the ATO. Read More…
We are excited to share our new brand look and feel. The refreshed logo and branding reflects our goal to always deliver progressive, professional and innovative business advice to our clients. Read More…
The NSW Government has announced changes to stamp duty for first home buyers. The aim is to lower the up-front costs that are a barrier for many first home buyers entering the property market. Read More…
Tax Tips for Property Investors
Make sure you are getting the most out of your investment property. If you have income from investment properties, now is the time to start gathering your records and reviewing your expenses for the 2022 financial year. Read More…
Need help with maximising your business deductions? There are many expenses common to most small businesses, and there are other expenses that are specific to the nature of the goods or services the business provides. Read More…
What is Bank Reconciliation and Why You Should Automate this Process
Keeping on top of payments coming and going to your bank account can take a lot of time. Keep reading to better understand the bank reconciliation process and how software tools can alleviate this task. Read More…
Business Tips: Setting KPIs and Measuring Performance
Do you know which business metrics and key performance indicators (KPIs) to track to manage the future path of your business? Read More…
Why You Should Check Suppliers ABNs
Do you check your supplier ABNs? Many business owners don’t routinely check the ABN of suppliers, resulting in incorrect GST claims – either claiming too much or not enough. Now is a good time to review supplier ABNs and GST status. Read More…
Employees Leaving? Here's What You Need to Know About Final Payments
When an employee leaves your business, it's essential to get the payroll and tax correct so you don't disadvantage employees or make costly errors. Read More…
E-invoicing Protects you Against Invoice Fraud
Invoice fraud is on the rise. E-invoicing is the secure way to send and receive invoices and to protect you and your customers. Read More…
Federal Budget 2022-2023 Key Points
The 2022-2023 Federal Budget provides cost of living relief and measures for business to seek to promote innovation. Read more on the key points from the budget here. Read More…
Getting Creative...in the right way
Our team had a great night getting creative...in the right kind of way! Read More…
Online shopping is hitting new records, growing dramatically and gaining new users. Is your business getting its slice of the online pie or do you need to invest more in your online presence? Read More…
What you need to know to start a SMSF
Is a self-managed super fund something you're thinking about? Learn about some of the responsibilities that come with a self-managed fund. Read More…
Do Your Employees Want to Cash Out Annual Leave?
Has an employee ever requested to cash out their annual leave entitlement? As an employer, there are some important rules to remember before paying out annual leave, to ensure your employees are not disadvantaged. Read More…
We had an opportunity to support Lilier Lodge's amazing Community Dinner Program. Read More…
Are your ABN details up to date? The ATO may automatically cancel your ABN if they think the business has stopped trading. Talk to us to make sure the ATO has current information. Read More…
Tips for Chasing Invoices From Your Clients
As a business owner, it is critical that you give yourself the best chance to get paid as soon as possible whilst maintaining client relationships. Some simple strategies can help this process. Read More…
Understanding the Basics of Tax on Superannuation
Understanding tax on super can be complicated. We can help you get your ducks in a row! Minimise your tax and make the most of super with simple strategies. Read More…
Why Prepare a Cashflow Budget for Your Farming Enterprise
Regular cashflow forecasts help you make informed decisions and are important regardless of whether your farm is in growth mode, expansion or just trying to stay afloat. Read More…
Latest Support for Small Businesses Impacted by Covid
The NSW Government has announced a new Small Business Support Program as well as additions to previously introduced support program to help those small business hardest hit by the Omicron wave. Read More…
Tracking your online success with Google Analytics
In the digital world, your company website is your main ‘shop window’ and will be the focus of much of your sales, marketing, and social media promotional activity. Do you know how your website is performing, and where online visitors come from? Read More…
5 Tips for Goal Setting for the Year
Effective goal setting will help you get the very best out of the year. Whether you want to grow your business or take more time for yourself, our five goal setting tips can help you achieve your long-term plans. Read More…
Cubicle Decorating Competition
We've been getting into the Festive spirit with a little cubicle decorating competition throughout December. Check out the creativity of our team! Read More…
Automation can ease your business workload
According to recent research small and medium-sized businesses are spending on average 120 hours a year on admin tasks. Technology and software automation can go a long way towards automating the low-level admin tasks. Read More…
Sponsoring the Wagga Business Chamber Christmas Party
We proudly sponsored the Wagga Business Chamber Christmas Party. It was a great night celebrating the achievements of the Wagga business community. Read More…
Small Business and Government Contracts - where do I start?
There are a significant number of major projects happening in our region. These projects provide great opportunities for our local businesses across many industries. Do you feel like you don’t know about opportunities, or you don’t know how to apply to be involved? Read More…
Earlier this year ASIC and the ATO announced that all company Directors will be required to hold a Director Identification Number (Director ID). Read more about how and when to apply. Read More…
Celebrating Melbourne Cup together
We enjoyed a fun afternoon at Borambola Wines for the afternoon of the Melbourne Cup. Read More…
What Small Business Can Learn from Their Competition
They say competition is fierce, but we think it provides an opportunity for a business to learn and obtain insights. Find out what invaluable information you can gain from your competitors. Read More…
Building Your Most Important Asset – Your Team
From team-building exercises to managing personalities and resolving issues, building a winning team is invaluable for your business, where you’re only as good as the team around you. Read More…
Your Small Business Can Compete Against Large Retailers
As a small business, do you ever feel that competing against larger retailers is a daunting prospect? Maybe a shift in thinking is needed. There are advantages to being small that may surprise you. Read More…
Creating a Small Business Budget
Make sure you set your small business budget! It's a great way to eliminate wasteful spending and get to profitability faster. Setting a budget isn't complicated but it can still help to involve an expert. Read More…
During September many of our team participated in the Steptember Australia Challenge to raise funds for people living with cerebral palsy. Read More…
Small business is all about relationships. But when these go wrong, it is devastating. Ensure you have the systems in place to routinely look at where your money’s going in order to safeguard your business and your relationships. Read More…
Reminder: New Rules for Casual Employment and Conversion to Permanent Employment
Reminder to Employers: the Casual Employment Information Statement (CEIS) available from the Fair Work Ombudsman is now to be provided to existing casual workers as soon as possible after 27 September 2021. Read More…
Regular cashflow forecasts will help you make informed decisions. Whether your sales are boom or bust, you want to make sure that your costs aren't holding you back. Read More…
Understanding Your Revenue Drivers
How well do you understand your revenue drivers? The better you can understand the nature of your revenue and its drivers, the more you can flex, manage and control your ability to generate this income. Read More…
Making Data Meaningful in Your Business
Data is only powerful with context. It needs to be accurate and organised and you need to be clear on the necessities versus the niceties. Read More…
How is the Forecast Looking for Your Business
You don’t go fishing without checking the forecast, nor should you run your business without an annual forecast. The forecast tells us what's in store based on the direction we're heading. Read More…
Have You Changed Your Business Purpose
Over the past eighteen months, businesses have had to update, change and pivot just to survive. Do you know where you're going and how it's impacted on your underlying business purpose? Read More…
How to Survive and Thrive in a Changed World
Lockdowns, closed borders and uncertainty mean small to medium sized businesses are still struggling with the effects of COVID-19. Some recent research uncovered some common strategies for success in a crisis. Read More…
With lockdown now affecting all of NSW, it is timely to provide an update of the Government assistance that is available for NSW residents. Read More…
Taxable Payments Annual Report for 2021
If you operate a building, cleaning, courier, road freight, IT or security business, you may need to submit a Taxable Payments Annual Report to the ATO. Read More…
Search Engine Optimisation for Small Businesses
With an estimated 130 trillion webpages identified by Google, how do you get a look in? Search engine optimisation (SEO) is all about providing internet users with the best experience and maximising your ability to be seen. Read More…
Pay and payroll mistakes that can cost your business
Businesses can get payroll wrong without being aware of it. Pay and payroll errors are a major risk for any business, so you need to know where you could be going wrong and ways to stay compliant. Read More…
Additional COVID Support Package for NSW Businesses
The Federal and NSW Governments have announced further support aimed at helping businesses and people right across the state fight through the current COVID-19 lockdown. Read More…
Casual Employment New Rules from March 2021
Employers, there are some important changes to employing casuals. You must provide a Casual Employment Information Statement and offer permanent employment in some situations. Read More…
New COVID Support Package for NSW Businesses
Today the Premier announced a new support package for small businesses across Sydney and regional areas impacted by the current Covid-19 Restrictions. Read More…
By Gillian Hayward
Have you been effected by the mouse plague? If so, there are a range of funding measures available to assist.
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