Author: Glenn Sharp
- Tax Selling BusinessAre considering selling your business? Glenn takes you through what you need to consider in terms of tax in this short video.
- Self Managed Super FundsHave you considered SMSF to help you purchase your own business premises? Glenn takes you through how this strategy works for businesses.
- Succession PlanningDo you understand what succession planning is? In this short video, Glenn clarifies what is involved and the benefits for your business.
- 2022/23 Federal Budget – HighlightsAfter the budget earlier this week, below we share some highlights: Personal income tax changes The Government has announced a once-off $420 ‘cost of living tax offset’ for the 2022 income year, which will be provided in the form of an increase to the existing LMITO. This will increase the maximum LMITO benefit to $1,500…
- Sharp Accounting News: March 2022In our latest News Update, we talk about interest rates, what you might expect in the upcoming federal and state budgets as well as reminders about the upcoming changes in regard to superannuation. When did you last review your insurance? We talk about the importance of having the right cover. With inflation rising we talk…
- Predicting a More Profitable Future for Australia’s Agribusinesses: Farm Tax Tips From Sharp AccountingWith good weather and record prices prevailing in 2021, it was a strong year for agribusiness. The Australian Bureau of Agricultural and Resource Economics and Sciences suggests that the boom will continue through 2021-22. In fact, the bureau predicts that Australia’s agricultural industry will reach a record-breaking $81 billion this financial year – more than…
- Livestock selling planDavid explains why your farm business needs to have a livestock selling plan as we approach the end of the financial year, in this short video.
- Instant Asset Write Off – Farming Industry
- On Farm ImprovementsDavid explains the importance of looking at the long term productivity of your farm to improve efficiencies in the business as costs continue to rise.
- Review Optimal Structure – Farming IndustryIn this short video, David explains why you should review your farm business’ structure, when you’re also reviewing from a tax planning perspective.
- How to Buy a Commercial Property for Your BusinessWith commercial interest rates being incredibly low at the moment, many of our clients have asked us about how to buy a commercial property. In this article, we’ll outline considerations for businesses looking at buying a commercial property, the potential benefits, and how to obtain financing. Benefits of Buying a Commercial Property for Your Business…
- Business Advisory: Reviewing MarginsWhen did you last review your margins? Glenn explains why this can help you make smart financial decisions for the year ahead in this short video.