What Goes Around Comes Around (even with Tax)

It’s often said that if you stick around long enough, you will see fashion come, go and come back around again. Reflecting on my accounting career, I am now seeing the same with tax. During my early employment as a young accounting clerk, I was tasked with collating...

Building Resilience in Your Business

What is resilience and why does it matter? Resilience is the ability to adapt and recover from difficulties, setbacks, or changes in your business environment. If your business is resilient, it’s more likely to survive challenges, such as market shifts, customer...

Getting Succession Right and being Tax-Smart

For many business owners, whether you’re running a farm, a commercial business, or something else, your business represents your hard work, sacrifice, and commitment. It’s not just how you earn a living, it’s part of your identity, and often something you hope to pass...

Cashflow in the Quieter Months

As winter sets in, cashflow often becomes a bigger focus for rural businesses and families across the district. June is a time when things naturally tighten up. Costs continue as usual, while income can slow down or become less predictable. Even businesses that are...

From Hobby to Hustle

With the cost-of-living biting and many of us tightening the belt, more and more people around the region are turning their skills into side hustles – home baking, fencing jobs, craft stalls, gardening, small repairs. It usually starts the same way –...

End of Tax Year Planning

With the financial year end here for many businesses, now is a good time to utilise some relatively simple tax planning tools to minimise your end costs. Prepaying Expenses If you prepay certain expenses before balance date a tax deduction is available in that tax...