In this month’s News Update we discuss inflation and some actions you can take to help your business through these rises. Another hot topic we talk about is the rise of interest rates and a reminder about the super guarantee increase from 1 July. Do you understand the tax deductions and payments you need to…

When selling a business, there can be significant tax advantages, especially related to GST, if the sale is considered a “going concern.” as Glenn shares in this video. This means you’re selling the entire business, often in a walk-in, walk-out fashion, with no GST on the sale. This can greatly impact cash flow for both…

Are considering selling your business? Glenn takes you through what you need to consider in terms of tax in this short video.

Have you considered SMSF to help you purchase your own business premises? Glenn takes you through how this strategy works for businesses.

Do you understand what succession planning is? In this short video, Glenn clarifies what is involved and the benefits for your business.

After 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…

In 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…

With 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…

David 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.

David explains the importance of looking at the long term productivity of your farm to improve efficiencies in the business as costs continue to rise.

In this short video, David explains why you should review your farm business’ structure, when you’re also reviewing from a tax planning perspective.