Most business owners start their journey dreaming of independence and flexibility. Instead, they end up working longer hours than they ever did as employees, tethered to their phones, and unable to truly switch off. But it doesn’t have to be this way. The secret isn’t working less – it’s building better systems and knowing when […]
When Your Business Owns You: Finding Freedom Again Read More »
Walk through any shopping centre in regional NSW right now and the story is clear. Quieter shops. Customers checking their wallets twice. Even the local cafe owners are feeling the pinch as people think twice about that second coffee. If you’re a business owner feeling the pressure, you’re not alone. Your customers are being more
5 Cash Flow Warning Signs: Is Your Business Ready for the Current Reality? Read More »
“I meet business owners all the time who can tell me their exact cash flow for the next three months, but have no idea how much super they’ll need for retirement,” says Christian Tapp, Director at Acumon. It’s a common scenario. You’re running a profitable business, staying compliant with the ATO, and keeping growth on
Why Every Business Owner Needs a Financial Adviser: The Personal CFO Advantage Read More »
Can Your SMSF Actually Buy Property? Using superannuation to purchase property is one of the most misunderstood strategies in Australian financial planning. With so much conflicting information out there, we sat down to separate fact from fiction and explain how this strategy actually works for small business owners. Q: There’s a lot of confusion around
Using Your Super to Buy Property Read More »
CLICK HERE to read the Winter edition of the Acumon Newsletter. WelcomeTax ChangesA Warmer Winter RecipeBusiness Growth Strategies
Acumon Winter Newsletter 2023 Read More »
CLICK HERE to read the Acumon Connect Autumn 2021 Newsletter In this issue: Tax Planning Draft Practical Compliance Guideline Superannuation Changes
Acumon Connect: Autumn Issue Read More »
If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously taxed profits between 2018-19 and
Refunds for Tax Losses Read More »
The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible. Wrapping up JobKeeper If your business is no longer eligible for JobKeeper payments, there are a few things you need to do: Advise
JobKeeper: The next steps Read More »
CLICK HERE to read the Acumon Connect Autumn 2020 Newsletter In this issue: – Changes to key dates – Expert Advice – Welcome to our newbies – ATO targets lifestyle assets – Mix & Shake with Sally – Meet the Team – Financial Planning Advice
Acumon Connect: Autumn Issue Read More »
The investment strategies of Self-Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of asset diversity. The ATO is concerned that, “a lack of diversification or concentration risk, can expose the SMSF and its members to unnecessary risk if a significant investment fails.” This does
Are all your SMS Fund eggs in one basket? Read More »