Featured Blog

The Importance of Bookkeeping: Tips to Keep Your Financial Records in Order

In today’s fast-paced business environment, effective bookkeeping is essential for the success and growth of any business. Whether you’re a fresh-faced start-up or a seasoned corporate giant, keeping your financial ducks in a row is absolutely vital. For business owners, it’s not just about keeping the ATO happy; savvy bookkeeping can unlock treasure troves of insights about your financial health, helping you to make those oh-so-smart business decisions.

Study and Training Loans (HELP, SSL, ABSTUDY SSL and AASL)

The government offers financial support through loans for individuals pursuing … Continued

Are Office Christmas Parties Tax Deductible?

Have you ever wondered how to navigate the Fringe Benefits Tax when planning your business’ Christmas party? Well, fret not! We’ve got you covered with all the details on how to keep the party going without breaking the Christmas budget.

Income Averaging: Who It Applies To and How It Works

Income averaging is a tax-saving strategy introduced by the Australian Tax Office (ATO) to promote tax fairness. It is aimed at individuals who experience significant fluctuations in their earnings, and involves spreading out their taxable income over several years to find the average (i.e. the new taxable income in which they are assessed against).

How To Increase And Maintain Cashflow In Your Business

In this blog post, we’ll explore strategies to enhance your business cashflow, systemise your accounts, and make informed decisions with confidence. Let’s dive in!

Why Your Small Business Should Use Swell: A Cashflow Forecasting Tool

In the world of small business, keeping up with the latest data trends and maintaining a healthy cash flow can be quite demanding. This is where Lemonade Beach’s Cashflow Forecasting program, “Swell” steps in – a real time financial tracking and management tool that serves as your financial consultant and advisor.

Three Swell Levels to Transform Your Business: Snapper, Bells, and Mavericks

In this blog post, we delve into the three levels of our Swell Cashflow Forecasting tool: Snapper, Bells, and Mavericks. Each one is designed to address the specific needs of businesses at different phases of their journey.

How a Corporate or Company business structure works in Australia

There are several types of structures you can choose from … Continued

How a Trust structure works in Australia

In Australia, there are several types of business structures that … Continued

Paying Dividends from Your Trading Company

It is common for owners (shareholders) of companies to want to access the profits that have accumulated over time and use these funds for their personal lifestyle. One way this can be achieved is declaring and paying dividends.