A new financial year has a way of sneaking up on you. One minute it’s EOFY paperwork, the next you’re staring down twelve fresh months wondering where to start. The good news? A few smart moves now, a look back, tidy records, a couple of numbers worth watching, can make the whole year feel clearer and calmer.
Profit and cash aren’t the same thing and plenty of profitable businesses still get caught short. A simple cash flow forecast helps you see the tight months coming so you can plan around them, not panic through them. Here’s how to build one for the year ahead
Payday Super is live – is yours running the way it should? Now that super goes out with every pay run, a quick check on your first few cycles can save you a headache down the track. From super timing to the new cash flow rhythm, here’s what to confirm
If EOFY has snuck up on you a little this year, you’re not alone. For a lot of business owners, June comes with a quiet sense of: “I probably should have looked at this earlier…”
The good news? There’s still time to make a few meaningful moves before June 30. Not everything needs to be done. But the right actions now can make a real difference — both for your tax position and your clarity going into the new financial year.
EOFY has a reputation. Deadlines. Receipts. Last-minute scrambles. A focus on “what can I claim?” But the business owners who get the most value out of this time aren’t just thinking about tax.
For many business owners, the relationship with their accountant starts around tax time. You send through your documents, they prepare the return, you sign it — and that’s the end of the conversation until next year. But for businesses ready for more support, the right accountant can do much more than lodging forms and ticking compliance boxes.
As the end of financial year starts to come into view, now is a smart time for business owners to check in on cash flow. While June can often bring a sharper focus to tax, reporting and compliance, April is the ideal time to get proactive.
If you’ve heard whispers about “Payday Super” but haven’t quite wrapped your head around it — you’re not alone. This is one of the biggest changes to Australia’s Super Guarantee (SG) system in decades, and it’s coming soon. For employers and employees alike, it’s an important shift.
With your children grown and retirement on the horizon, this is the perfect time to fine-tune your financial position. Strategic tax planning now can reduce your tax, boost retirement savings, and ensure a smoother transition into retirement.
