In the 2023-2024 State Budget, the New South Wales (NSW) Government announced major changes to the Land Tax Management Act 1956, in particular the Principal Place of Residence (PPR) land tax exemption which commenced on 1 February 2024.
Blog
Strategic Exit for a Profitable Business Sale
Are you planning to sell your business? A strategic exit is more than just finding a buyer—it requires careful planning, a solid business strategy, and attention to detail. Without the right approach, selling a business can quickly become overwhelming, filled with obstacles that could derail your sale. Here’s how to navigate the process and achieve a profitable business sale.
The Top Marketing Trends of 2024
Trends to help businesses stay ahead of the curve. Keeping up with the latest marketing trends isn’t always easy. But, to succeed in the fast-paced marketing world — and maintain a sense of relevance with your audience — it’s vital to stay ahead of them.
Small Business: Resilience in Tough Times
As small businesses experience cost escalations while running a business, your bookkeeper plays a crucial role in proactively preparing and equipping you with essential financial strategies to navigate cost increases effectively.
Navigating ATO Communications: A User-Friendly Guide
The tax season has begun for the financial year ending 2024, and Tax Stuff is in the thick of processing claims on behalf of our clients on the Central Coast. We have been receiving lots of calls recently, which makes sense for the time of year and keeps us busy. However, just over the last month, we started receiving calls and comments on our socials asking for the Australian Taxation Office’s (ATO) phone number or how to contact the ATO directly.
Navigating the Complexities of Airbnb Hosting in Australia
Owners of Airbnb properties are facing challenges such as regulatory changes, tax issues, and economic uncertainties, which are affecting the profitability of short-term rental investments. This blog discusses the tax and financial challenges that Airbnb hosts encounter and offers strategies to effectively maximise tax deductions and navigate the complex tax landscape.
Artificial Intelligence: Where is it heading?
The AGI race has begun. We are building machines that can think and reason. By 2025/26, these machines will outpace many university graduates.
Online Reviews – Do Your Customers Trust Them?
If you own a small business or are responsible for a business’s online reputation, you’ll undoubtedly have to deal with asking for reviews, responding to reviews and making sure that the overall conversation about your business is positive.
Maximizing Exit Value: The Power of Strategic Timing
Consider the pivotal role that strategic timing plays in unlocking maximum value for business owners. Timing isn’t just about selling when the market is hot; it’s about orchestrating a well-timed exit that aligns with broader economic trends, industry dynamics, and even personal considerations.
Benefits of SMSFs and why you need one now.
When it comes to securing your retirement, Self-Managed Superannuation Funds (SMSFs) offer control and flexibility.
According to recent data from the Australian Taxation Office (ATO), the number of SMSFs has been steadily increasing, reaching over 600,000 funds as of the latest figures. This surge in popularity underscores the appeal of SMSFs in providing greater autonomy over retirement investments.
Setting Goals for the New Year
Business owners have a unique opportunity at this time of year to reflect on their company’s achievements and set the stage for financial success in the upcoming year. Here’s a...
The Printing Advantage
Simple printing strategies that work well to help your business increase sales and turn your clients into delighted raving fans… Use memorable and clever business cards to boost...