Author: Glenn Sharp

Welcome to the first of a series of videos entitled ‘Ask Sharpy’. Each week we’re going to create a video based on questions that we get from our Facebook community. So make sure you ‘Ask Sharpy’ a question and we will answer them in our weekly video. “How do I know when it’s the right…

Business owners are often pushed by us to think bigger and bolder. However we had a Strategic Planning Day recently where we had to push a business owner to think smaller, much smaller – that is, about a smaller number of working hours.  The Planning Day was with a business owner who runs a financially successful business, but…

Busy preparing for Christmas and New Year, and you’re already run off your feet. That doesn’t stop you though does it? Sneaking a look at your emails as you’re wraping presents. Taking a call while the prawns are cooking on the BBQ. It’s a situation that many small business owners will know well as they…

One thing all businesses have in common is the need to be profitable. A strong turnover is essential for the longevity of any businesses to succeed. But how do you create profitability and where do you start? The downfall that many small business owners experience is the lack of knowledge to answer those exact questions. When discussing…

The question many people ask is should I go it alone….or should I hire a professional accountant to do it for me?  Most people who don’t work in the profession have a limited knowledge of tax, so whilst you will pay an accountant a small fee for doing your return, the return of your tax…

In the recent 2016-17 Victorian state budget there was one change to payroll tax that may positively impact a number of Victorian businesses. This was the increase in the threshold of Payroll tax from $550,000 to $650,000 progressively over the next 4 years. The payroll tax threshold has not changed since 2002 for Victoria.  How…

The new financial year will bring some new and very welcome tax breaks for small businesses. From July 1 the 1.5% reduction in tax handed down by the Treasurer in the May 2015 Federal Budget comes into effect for incorporated companies with an annual turnover of less than $2 million per annum. The new tax…