Preparing for the End: A Guide to Developing an Exit Strategy for Your Australian Business As a business owner in Australia, it's natural to think about the long-term sustainability and future of your company. While planning for the future is essential, it's equally important to consider the potential exit strategy for your business. [...]
Tax agents are licensed professionals who provide essential services in tax management, compliance, and planning. They possess extensive knowledge of tax laws and regulations, offering expert advice to individuals and businesses. Their responsibilities include preparing and filing tax returns, identifying potential deductions and credits, and representing clients in dealings with Australian Taxation Office (ATO). [...]
Maximizing Success: Startup Business Advisory Startup business consulting services are essential for entrepreneurs launching new ventures. These services provide guidance and support to help navigate the challenges and uncertainties associated with starting a business. Advisors offer expertise in developing business plans, identifying funding sources, and implementing strategies for growth. A key advantage of startup [...]
The Importance of Outsourced CFO Services An outsourced CFO (Chief Financial Officer) is a financial professional who provides expert financial guidance and strategic services to businesses on a part-time or contractual basis. Unlike traditional full-time CFOs, outsourced CFOs work with multiple clients, offering their expertise as needed. Their responsibilities encompass various financial aspects of [...]
New: Director ID requirement is coming soon! From 1 November 2021 any newly appointed director will have 28 days to apply for a director ID. The application MUST be completed by the director themselves and not by an accountant/ASIC agent. Detailed information about this change, including how a director can apply for their director [...]
As a small business owner, you can prepare for the end of financial year by making use of these small business tax concessions
Smaller employers with less than 19 employees will need to start reporting their payroll data via Single Touch Payroll (STP) by 1 July 2019. That’s not far away and if this affects you, you need to start getting ready now! Don’t panic though, Ample Finance are here to help and to that end, we have prepared a “Get ready for Single Touch Payroll” checklist to assist you.
Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients.