From the 2026–27 income year, eligible Australian workers may be able to access a standard work related deduction of up to $1,000. But it is not a $1,000 refund, and keeping records may still be important when actual work related expenses are higher.

Victorian farmers may still have an opportunity to access drought support for eligible resilience and recovery activities. Learn what the grant can cover, who may qualify, why funding could close early and how to review your farm's finances before committing to new expenditure.

Rising wages do not automatically mean a business is becoming more productive. Discover practical ways to identify bottlenecks, reduce wasted time, improve processes and create more value from the people, technology and resources you already have.

The ATO can receive detailed vehicle transaction data through its motor vehicle registries data matching program. Learn how to keep your vehicle purchase, use and tax treatment consistent and properly documented.

Dynamic PAYG Instalments could change how Australian businesses manage tax payments from 1 July 2027. Discover how more responsive PAYG instalments may improve cash flow and why accurate, up-to-date accounting data will become increasingly important.

Most business owners know how much they take from the business, but few understand their true business owner remuneration. From salaries and drawings to dividends, benefits and ownership returns, understanding the total value flowing from the business can provide important insights into profitability, succession planning, retirement readiness and long-term family wealth creation. Discover whether you're being rewarded for both the work you do and the business you own.

A budget should help you make better business decisions, not disappear into a folder after the financial year begins. Discover three practical ways to build a more useful budget, forecast cash flow and use Budget vs Actual vs Latest Forecast to stay on track.

Owning a business and being a company director are not the same thing. Discover the key responsibilities every small-company director should understand, from financial oversight and governance to ASIC compliance and managing business risk.

Company having a tough year? Your tax loss may now create a cash refund. Australia's reintroduced loss carry-back rules could help eligible companies turn current tax losses into valuable cash flow, while prior tax paid and franking credits remain important considerations.

For many family business owners, tax can feel like an ongoing frustration, but often the issue isn't the tax itself. Tax isn't the problem when it is properly understood, planned for and managed as part of a broader financial strategy. The real challenge arises when tax liabilities come as a surprise, disrupt cash flow or drive poor business decisions. This article explores how proactive tax planning, appropriate structures and better financial visibility can help preserve we

Many profitable businesses still struggle with cash flow because money becomes trapped in debtors, work in progress, stock, tax obligations and other hidden cash-flow killers. This article explores eight common causes of cash shortages and provides practical insights to help business owners release trapped cash, strengthen working capital and create a stronger foundation for future growth.

The new CGT rules from 1 July 2027 could create different outcomes for investment properties with major capital improvements and businesses that have built significant goodwill over time. While you may not need to obtain a valuation immediately, preserving strong evidence around the transition date could give you more options when the asset is eventually sold.

An ATO payment plan can buy time, but it cannot fix the underlying cash-flow problem. Discover why tax debt keeps recurring and what businesses can do to improve cash flow, working capital and financial sustainability.

Your accountant says the business made a profit, but the bank account tells a different story. Understanding why profit is not cash is one of the most important lessons for business owners. This article explores where profits are often tied up, from debtors and stock to tax, loan repayments and growth investments, helping family businesses gain clarity, improve cash flow and make more intentional financial decisions.

Are your customers paying you fast enough, or is your business effectively funding theirs? Learn how debtor control, payment terms and cash flow management can help protect profitability and strengthen your business.

Growing turnover can look like success, but more sales don’t always mean more profit. Learn why family businesses should focus on margins, pricing, cash flow and revenue quality to build a stronger, more valuable business.

Missed the June Super Deadline? Paying it now may not fix the problem. Learn what late June-quarter super means for SGC obligations and what employers need to do before 28 August 2026.

Your business is busy, sales are growing, and the accountant says you're making a profit. So why doesn't it always feel like you're getting ahead? This article explores where business profits really go, why cash flow and wealth are different from profit, and how the 3P's Future Prosperity framework helps business owners Preserve, Protect and Prosper.

Family businesses using discretionary trusts should review the proposed 30% minimum tax before considering restructuring. Understand the tax, duty, legal, finance and succession implications before making a move.

SMSF Reforms 2026 explained: discover the proposed changes affecting SMSF trustees, including new requirements, investment strategies, fees and levies, and what trustees should consider before taking action.