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Government sets Director ID deadline
Current company directors have until 30 November 2022 to apply for their Director identification number as part of...
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Streamlining the sale of your business
The sale of a business can be a daunting and stressful time for any owner. Unlike many other...
Cryptocurrency – investment or personal asset?
Are you dabbling in Cryptocurrency? Or are you a serious investor? Either way, Cryptocurrency is treated as a...
Time to start re-contributing your super?
Did you withdraw a portion of your super as part of the Covid-19 early release super program? From...
WA bucks the trend in job growth for July
As Australia continues to reveal the signs of a Covid-19 impacted economy, WA small business bucked the trend,...
Spring Clean your business financials
Spring season has arrived and so has the perfect time to look at the business To Do list...
Building a business? Raise capital through Crowdfunding
Whether it’s a start-up business or an opportunity for expansion, Crowdfunding can be a successful and innovative form...
Business succession planning – the questions you need to ask
A business is one of the single largest investments we make in a lifetime. Over the years and...
Be “Business Ready” for a lockdown
With the continued uncertainty across Australia, lockdowns and border closures have become a common theme of our new...
Raising capital means selling the dream
With many small businesses the opportunity for growth and sustainability in the market is halted by the hand...
Cloud solutions streamline accounting for business
We often have heard the term “cloud”, or “cloud-based systems” referenced in the business space without much context...
Working from Home? Remember to keep your records
The ATO has been encouraged to look at reinstating the “working-from-home” temporary shortcut method (which ended on June...
Lifestyle assets in the ATO spotlight this tax time
Thinking the ATO won’t look at your new car or mega boat this tax time? Think again. The...
Was your WA small business affected by the last state lockdown?
You could be eligible for a Lockdown Assistance grant. The WA government has announced another round of financial...
Pandemic recovery on track for small business
May proved to be a month of growth for the small business sector, with job security, sales growth...
Success at the 2021 National Accounting Awards
The Elevate Accounting team has been recognised for its excellence across the entire accounting industry, taking out the...
The SME Recovery Loan Scheme
The Government’s SME Recovery Loan Scheme is expected to support the economic recovery and to provide continued assistance...
Business Event Grants
The Business Event Grants is a program that was established by the Australian Government and funded with an...
JobMaker Hiring Credit
The Australian Government has established the JobMaker Hiring Credit program with an allocated budget of $4 billion by...
Tax Incentives for Early Stage Investors
The Early Stage Innovation Company (“ESIC”) rules were introduced in July 2016 as a means of incentivizing investment...
Federal Budget 2020-2021
Last night, on 6 October 2020, The Australian Federal budget was released, Treasurer Josh Frydenberg says that this...
Demystifying the Business Sale Process
Homeowners know how to sell their house. Art collectors know how to sell their art. Business owner’s know...
Single Touch Payroll
Single Touch Payroll (“STP”) is a reporting change for employers. It starts from 1 July 2018 for employers with 20 or more...
Finalists in the Australian Accounting Awards
We are excited to share that Elevate Accounting has been shortlisted for the prestigious Accountants Daily Australian Accounting...
Protecting your IP
The life of an entrepreneur is tough. Amongst all the challenges in developing an idea, building a team,...
Don’t Assume all Businesses are Cash Flow Positive
It goes without saying that businesses need cash flow to survive. We would then assume that most businesses...
Managing Projects for Professional Services
We work with many businesses in the professional services sector – architects, builders, design agencies and consultants. A...
Profit on Construction Contracts
We work with a large number of construction businesses and we always find major variations in the treatment...
The Art of Tax Planning
The tax year ends on 30 June. Once this date has passed the tax outcome for the year...
Don’t process supplier invoices manually – it’s a waste of your time!
Businesses lose money every year in unclaimed expenses, such as misplaced receipts, but now you can stop these...
Passing the business to the kids sounds great, but it has its problems…
Multi-generational businesses are great news stories, however, they are few and far between. Passing a business down from...
The Valuation Multiple
Businesses are generally valued using the Future Maintainable Earnings approach, whereby the maintainable profit (EBITDA, EBIT, NPBT or...
The One Page Business Plan
Traditionally a business plan has been a lengthy and all-encompassing document. Though there is a place for comprehensive...
Customer Acquisition Costs – What is CAC?
The biggest challenge for start-ups, scale-ups or mature businesses is to find new customers. New customers inject fresh...
The Power of a Network
It is unfortunate that sometimes the best product doesn’t win. The old adage of “it’s not what you...
Managing Cash Flow When Times Are Tough
Many businesses experience periods of cash flow shortage. When times are difficult and cash flow is tight, businesses...
