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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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(56) Accounting & Tax
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Accounting & Tax
Small Business CGT Concessions: How to Sell Your Business & Keep More of Your Money
5 min | Nathan Watt
If you qualify for the Small Business CGT Concessions, you could significantly reduce—or even eliminate—the capital gains tax (CGT) on the sale of your business. But like everything tax-related, the legislation doesn’t make it simple. There are (more than a few) rules, conditions, and hoops to jump through. So, let’s break it down in plain English.
Accounting & Tax
The Truth About Tax Planning
10 min | Nathan Watt
There is so much misconception in Australia about taxes and tax planning. Everyone seems to think they're "paying too much" and believe that accountants can wave a magic wand and "save" you 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.