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Tips & strategies to help your business grow

Discover strategies for business expansion and tax optimization to thrive in today's competitive landscape
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Accounting & Tax
What Is A Family Trust And How Do They Work?
5 min | Nathan Watt
A family trust is an agreement where the trustee (either a person or company) holds assets for the benefit of others - like family members. There's lots of names thrown around; family trust, trust fund, discretionary trust and lots of confusion about how trusts work so if want to understand what they are, and how they work then you've come to the right place. Strap yourself in, and trust me....
Accounting & Tax
How To Save $1,833 In Tax This (and Every) Year With Your Car
15 min | Nathan Watt
First things first. I want to put a big fat disclaimer on this: Buying a car for “tax purposes” doesn’t save you money. I am absolutely not advocating you run out and get a car to save tax.
Accounting & Tax
5 Reasons You Need A Tax Specialist For Your Small Business
15 min | Nathan Watt
We live in a DIY age, where people imagine to themselves that with a quick click on Google they can suddenly turn into an expert on pretty much anything, I mean when I google my sickness symptoms it keeps telling me I have Lupus, so it’s easy to be convinced in believing you’re suddenly an expert on tax preparation.
Accounting & Tax
ATO Audit Penalties: What Business Owners Need to Know & How to Avoid Costly Mistakes
5 min | Nathan Watt
Penalties vary based on the nature of the discrepancy, ranging from 25% for lack of reasonable care to 75% for intentional disregard. To minimize risks, maintain accurate records, ensure timely lodgements, and consider professional advice.