How company saves tax explained simply

How to save tax in business using a company   Most companies are now taxed at 25% from each $ of profit from 1/7/21   Whereas individual takes rates are higher than this from each dollar over $45000 So businesses can take advantage of the lower individual tax rates by paying themselves individual income from…

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Grow Your Business With Budgeting

Tax Accounting Adelaide has recently seen that the power of Budgeting and how it can drive the business towards its goals. So taking your sales goal of say 300k, you need to break this down by months. Budgeting is very easy via Xero. Our firm endorsed Xero and one of the reasons is how the…

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How to stay motivated

Is staying motivated a challenge for you a the moment? here are some tips. Good luck on effectively motivating yourself in business. Helping you effectively stay motivated in business is part of the service at Tax Accounting Adelaide. Break free with Tax Accounting Adelaide Services call us on 83374460 Sole trader, Partnership, Company and Trust…

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The toughest challenges in business

Revealed the toughest challenges in business We reveal what we think are the toughest challenges in business. Getting ,keeping and training good staff having a website that converts getting referrals and referral partners learning to delegate effectively managing your time effectively evolving what you want to specialise in and effectively having the right target markets…

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What To Do When You’re Not Generating Enough Leads

Is your business not getting enough new business leads? If so, do not panic, here are some things you can do. Review where you are spending most of your time, generally people not getting enough leads are spending not enough time on generating new leads. So try to take yourself out of the business and…

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Tips for Business With Staff Problems

This month, our business networking group discussed ways of how to stop staff hurting your business or how to keep your staff. This was a great discussion and revealed many new ways business owners are using to keep and retain good staff. If you keep losing staff, give your staff ownership of tasks  and projects…

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Tips and Traps of Using Facebook for Business

Here are some tips on the topic of using Facebook for business. Let’s say that Facebook isn’t for everyone, but even if you do not have your own personal Facebook account – someone else can do this for your business provided it works for your business. Try delegating it to someone who loves facebook but…

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Tips on How to Use LinkedIn

It is a free platform to connect with the world professionals. Any business can use LinkedIn, it’s a excellent marketing tool for a broad range of industries. The quality of your connections is more important than the numbers, so try to link professionals that are influential to you and your industry. Personalise, customise and be…

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Use Companies to Minimise Your Tax

Did you know there has been recent reductions to the company tax rates. Making it an important time for businesses to make sure they are reviewing their trading entity to minimise business tax. Why using companies to reduce your tax makes sense When a business is increasing in profit, it may pay for a review…

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Key factor to your business success

The key factor is to have a specific target market. The more you narrow down your search the more distinguishable you are. It will also be easier to market to the smaller target market especially online and make you  more memorable. You also can elevate prices when you are an authority for a specialized area.…

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How to develop a marketing database for your business?

A marketing database is simply an electronic system processing your customer relationships, transactions and contact detail all in one. If you have a client list that contains your customers’ names, addresses, telephone numbers and sales information, then it is not difficult to turn it into a database without costing too much (normally less than $1000).…

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How cloud-based changed accountants’ life?

Before the arrival of could-based accounting software, accountants enjoyed the spreadsheet which allows them to quickly analyse data sets, compare past records and forecast future events. With the development of cloud technology, the way accountants will work, the skills they need and the roles they perform in future are changed in various aspects to accommodate…

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Social media – a great opportunity for small business

Everybody are familiar with or at least heard about social media sites such as YouTube, Facebook and LinkedIn. According to the Social Media Report published by Sensis in 2011, approximately 2/3 of online Australians have some sort of social media presence, while only 14% small business have taken advantage of this channel to market themselves. So what’s…

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