New Tax Laws New Tax Laws make their way through the Senate Editor: Tax and Superannuation Laws Amendment (2015 Measures No. 6) Bill 2015 (‘the Bill’) has been passed by the Senate and should receive Royal Assent shortly. This Bill makes amendments to the taxation law to: Change the CGT treatment of the sale and […]
5 reasons why your business needs an accountant
By Bottrell Group on February 16, 2024 in Ecommerce, Hints & Tips, Interesting Articles, The Bottrell Office
It may feel daunting to let an outsider in on the intimate details of how your business is run, especially if you’ve had trouble managing your finances in the past. But partnering with an accountant will help you to achieve your goals and set you up for long-term success. With that, here are five reasons […]
What Can I Claim on My Tax Return: Car Expenses
By Bottrell Group on December 17, 2023 in Australian Tax Office Updates, Hints & Tips, Interesting Articles
If you use your own car for work purposes, you can claim a deduction using the cents per kilometre method or logbook method. If you use someone else’s car for work purposes, you can only claim for direct costs you pay for – such as fuel. Take a look: Contact us at @ Newcastle […]
The Importance of Hiring the Right Employees for Your Business
By Bottrell Group on December 14, 2023 in Hints & Tips, Interesting Articles, Motivation, The Bottrell Office
Hiring the right employees is vital for the success of any business. Companies that prioritize finding the right fit for their organization often find themselves in a better position to achieve long-term growth and profitability. The hiring process is an investment in the future of your organization, and recruiting the right talent is an essential […]
Invest $1m to buy an Australian visa ads claim
Invest $1m to buy an Australian visa ads claim Potential conflict of interest examined WYONG’S controversial $500 million China Theme Park project is being promoted on a popular Chinese social media platform as an opportunity for investors to obtain an Australian visa ‘‘for your whole family’’, after making a $1million investment. The promotion, circulated to […]
The Benefits of Creating a Financial Plan for Your Business
Financial planning is an essential aspect of managing a successful business. It provides a roadmap for achieving financial goals, managing resources effectively, and ensuring long-term sustainability. By creating a well-structured financial plan, businesses can effectively navigate through various economic scenarios and make informed decisions that contribute to their overall success. This article will explore into […]
Marketing Strategies for Small Business
Marketing Strategies for Small Business: Hints and Tips Marketing is a crucial aspect of any business, big or small. It helps in creating awareness about your brand and reaching out to potential customers. For small businesses, marketing can be a challenge due to budget constraints and limited resources. However, with the right marketing strategies, […]
Key Considerations for Starting a Business in Australia
Key Considerations for Starting a Business in Australia Starting a business in Australia can be an exciting and rewarding experience. However, it can also be a complex and challenging process, especially if you are not familiar with the legal and regulatory requirements involved. In this article, we will outline some of the key considerations […]
Improving Workplace Productivity for Small Businesses
Improving Workplace Productivity for Small Businesses As a small business owner, you understand the importance of maximizing efficiency in the workplace. Every hour counts and every task must be approached with a sense of urgency. That being said, it’s not always easy to keep productivity levels high. With so many competing priorities and distractions, […]
Strategies for Growing Your Business
Strategies for Growing Your Business Growing a business can be a challenging but rewarding experience. The key to success is having a well-planned strategy that takes into consideration your strengths, weaknesses, opportunities and threats. In this article, we will discuss some of the most effective strategies for growing your business. 1. Focus on […]
How to Increase Profitability in Your Business
How to Increase Profitability in Your Business: What you can do Increasing profitability is a goal that every business owner shares. It is the foundation of success and growth, allowing companies to reinvest in themselves, reward employees, and provide better products or services to customers. While there is no single formula for success, there are […]
Starting an NDIS Business in Newcastle
Starting an NDIS Business in Newcastle: A Step-by-Step Guide Starting a business in the National Disability Insurance Scheme (NDIS) can be a rewarding and fulfilling way to provide support and services to individuals with disabilities. The NDIS is a government-funded program that provides funding for support and services to eligible individuals with a disability, helping […]
Purchasing a Business in Newcastle
When purchasing a business in Newcastle, Australia, it is vital to gather all relevant information from the vendor to make an informed decision. Information Required from the Vendor (Seller) Here is a list of information you should request from the vendor: Latest 3 Years Financial Statements: These should include the profit and loss […]
15 Steps to starting a successful Tradie business.
Starting a Tradie business can be an exciting and challenging endeavour, but with the right planning and preparation, it can also be enriching. Whether you are a tradesperson looking to start your own business, or an entrepreneur looking to enter the building industry, there are several key steps you will need to follow to […]
