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How to Sell Your Business

Heather Moore
Information, Insight, Money Talk, Small Business
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result. Structuring the transaction covers areas such as pricing the business, the terms…
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FBT-free Electric Cars

Heather Moore
Information, Small Business, Spending
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EV) represent just under 2% of the new car market in Australia but it is a rapidly growing sector with a 62.3% jump in new EV registrations between 2020 and…
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It’s Not Easy Being Green

Heather Moore
Budget, Information, Insight
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play and the likely impact. The Government’s Climate Change Bill passed the House of Representatives in early August and is now before the Senate Environment and…
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Tax & the family home

Heather Moore
General, Insight, Property
Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption. Capital gains tax (CGT) applies to gains you have made on the sale of…
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What to Expect from the New Government

Heather Moore
General
Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of problems and no easy fixes. The Economy The Government has stated that its economic priority is, “creating jobs, boosting…
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Tax Time Targets

Heather Moore
General
 The ATO has flagged four priority areas this tax season where people are making mistakes. With tax season almost upon us the Australian Taxation Office (ATO) has revealed its four areas of focus this tax season. Record-keeping Work-related expenses Rental property income and deductions, and Capital gains from crypto assets, property, and shares. In general,…
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Don’t double dip your deductions this tax time

Don’t Double Dip Your Deductions this Tax Time

Heather Moore
General
The Australian Taxation Office (ATO) is reminding people not to make the mistake of double dipping their deductions in their tax return this year. Assistant Commissioner Tim Loh explained “Around 8.4 million Australians claimed nearly $19.8 billion in work-related expenses in 2021. That’s a lot of deductions so we want to make sure you get it right…
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