Just a few smart things can save you a lot of tax. Legitimately!
1. Instant Asset Write Off
Yes, it is still available, and the amount has increased from $20,000 to $30,000, plus it is now available for businesses with turnover up to $50 million … Read more
Advisory Boards Evolve from Strategy Plans
Last year, a smart young (possibly disbelieving & skeptical) attendee at a Business Strategy Plan asked: “How can we ensure that these issues and the actions arising from this Strategy Plan will be enacted upon”?
Excellent question. She … Read more
Tax Unplugged – March 2024
a. Tax Cuts.
Yes please! As from 1 July 2024, the new tax rates commence as follows:
2023 Income Range
Old 2023 Rate
2024 Income Range
New 2024 Rate
From
To
From
To
0
$18,200
nil
0
$18,200
nil
$18,201
$45,000
19 … Read more
Strategy + Structure + Conduct = Performance
Could success in business be reduced to a simple formula?
Perhaps each component of this formula embodies the critical elements that drive success. And perhaps without all three pieces of the formula, the other two simply do not have enough … Read more