Tag: business planning

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.

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…

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.

When 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.

Is purchasing a business premise part of your 12 month plan? Glenn provides a few points you need to consider in this short video.

Ok so you have set your 2022 business goals…but who is going to hold you accountable?