Tax time is the perfect time for us to take some stress away from you, and to take stock of what’s really happening in your numbers - coming prepared is key.

Here’s what we’d LOVE every business owner to be asking when it comes time to talk tax returns.

You want to keep your profits up, your costs down and the customer happy. It’s a constant juggle between negotiating with suppliers, keeping your staff happy and providing a top of the line service.

Here’s some quick tips to keep the stress at bay and your business humming.

Once upon a start-up, you sat down in your lounge room with a dream, a wing and a prayer. You slapped together a plan for your business and went on your way.

Or, maybe you’ve been handed an established business and you’re on a path to modernising a well oiled machine.

Here’s why “Set & Forget” just straight up does not apply to your business structure.

If you’re a business owner, you’ve probably heard the phrase “Tax Planning” thrown around, but perhaps you’re not really sure about what that means, or what it involves. Let’s get clear on what it means to tax plan.

The Instant Asset Write-Off scheme allows eligible businesses to immediately deduct the cost of certain assets, rather than depreciating them over several years.

This can really reduce your taxable income for the financial year in which the *stuff* was purchased.

Need that stuffed crocodile for your business? Now might be a good time to buy it.

No one wants to line the pockets of the Australian Taxation Office, paying taxes feels like giving money away for nothing. You work hard, and keeping your profits in your own pocket is the dream. Here’s why reducing your tax payments isn’t always the best way forward for your business.

Similar to how Elon Musk reinvented the game when he engineered the Tesla from scratch, Xero built their platform from the ground up, reinventing the way we do accounting.