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13-Jan-2022 YBM

Set yourself up for success for 2022

It’s been another year of turmoil for business owners. You wouldn’t be wrong in wondering if this is your reality now, that going back to ‘normal’ isn’t going to be entirely possible.  If your business has survived into 2022, chances … Continue reading

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05-Dec-2021 YBM

Help is available for residents and businesses impacted by current and recent flooding….

While we cannot undo the damage Mother Nature has thrown our way, YBM are pleased that there are a number of assistance measures in place for individuals and businesses. Disaster Declarations have been issued for a number of local LGAs, … Continue reading

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22-Nov-2021 YBM

A snapshot of the taxable Australians

With the economy again opening up post Covid-19 disruptions, a 2022 election looming and the threat of inflation all on our heels, a repair of the budget is in order, with a focus on who pays the bills and who … Continue reading

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18-Nov-2021 YBM

Tax for Christmas?

So, you’re looking to purchase a few staff gifts for the holiday season and perhaps throw a small party in honour of the silly season after yet another, anything but silly year? It’s best you’re equipped with the information that … Continue reading

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03-Nov-2021 YBM

New requirements for all company Directors

As part of a strategy to reduce illegal phoenix activity and improve traceability of company directors over time, all directors will soon be required to hold a ‘Director Identification Number’. This is a single, unique 15-digit identifier. It will not change and will be attached to the individual forever. Continue reading

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28-Oct-2021 YBM

Black Dog Institute’s One Foot Forward challenge 2021

YBM is participating in the Black Dog Institute’s One Foot Forward challenge in October 2021 to walk as much as we can and raise funds. We have set a goal of $1000. We also have two staff members who are Mental Health First Aid qualified. Continue reading

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28-Oct-2021 YBM

Mentally healthy workplaces – a NSW Government edition

Mental health at work matters. Mentally healthy workplaces are more productive and profitable businesses where everyone feels supported. Find out how mentally healthy your workplace is by taking the NSW Government’s Workplace Pulse Check. Continue reading

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13-Oct-2021 YBM

Here is how to make sure your business is a success

Business ownership is not for the faint hearted. If you have an idea for a business that you are eager to transform into reality, then there are a few concepts that you may find useful to ensure that your business has the best possible chances of becoming a success.
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20-Sep-2021 YBM

When and how to retire from your own business

Retirement as a business owner is something that will likely sneak up on you because business owners are so focused on the here and now for management success.  Although you have undoubtedly considered the prospect of retirement in coming years, … Continue reading

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06-Sep-2021 YBM

COVID-19 FINANCIAL ASSISTANCE MEASURES

Many of you may be confused about the current Covid Financial Assistance that is available as lockdown dates and eligibility rules change. To assist you we have compiled a basic summary of the main assistance measures currently available. Please note … Continue reading

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27-Aug-2021 YBM

Important ATO rulings for SMSFs

We kindly urge you to speak with us about your superannuation goals and current plans to ensure that the best possible outcome is achieved for your financial future. Continue reading

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15-Aug-2021 YBM

All things Cryptocurrency

Cryptocurrency is a $1-2 trillion USD market, and it is certainly a concept that is drawing the attention of investors everywhere. With the ability to trade crypto for real estate or businesses or sell it for cash, your options are extensive when focusing on the potentials available. Continue reading

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05-Aug-2021 YBM

Home office expenses – the ‘how’ and ‘how much’

It is no surprise that there is increased interest in what, how and how much of additional office expenses can be claimed in tax returns for last year. Many were forced to work from home, some for lengthy periods. The … Continue reading

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29-Jul-2021 YBM

Applications now open for the JobSaver Payment

As the name would imply, the JobSaver scheme is designed to help NSW businesses maintain their employee headcount while impacted by the latest COVID-19 restrictions. Continue reading

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27-Jul-2021 YBM

The 2021 covid 19 business grant

As we write this, it is a month since stay-at-home restrictions were placed on Greater Sydney, impacting businesses far and wide, and further compacted by restricted freedom of movement throughout the school holidays. Continue reading

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22-Jun-2021 YBM

Superannuation changes

Superannuation changes…there’s quite a few of them and they will impact both employers and employees. Here’s what you need to know! Continue reading

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17-Jun-2021 YBM

Single Touch Payroll and the end to exemptions – the nitty gritty!

Changes are due to come into effect shortly, but what does it mean from a practical perspective? Continue reading

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16-Jun-2021 YBM

Four easy tips to get your tax right

On the road for work? Deductions for transport and logistic employees may include travel and self-education expenses. Continue reading

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10-Jun-2021 Kirsten

Keep your finger on the pulse this tax time.

Are you a doctor, specialist, nurse, midwife or carer? Time for a check-up on the deductions you can claim this tax time! Continue reading

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03-Jun-2021 YBM

Get an A+ on your tax claims

Haven’t lodged your tax return yet? Tax time revision is made easy with the ATO’s top tips on what education professionals can and can’t claim. Continue reading

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27-May-2021 Kirsten

Making tax time stress free for builders and construction workers

It’s that time of year again when you need to start thinking about your tax. But before you rush to lodge your return, it’s important to double check what you can and can’t claim. Continue reading

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19-May-2021 YBM

Federal Budget Update

Got 5 minutes for a brilliant summary of the Federal Budget? Continue reading

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19-May-2021 YBM

How will the Federal Budget affect you?

During this year’s Federal Budget announcement Treasurer Josh Frydenberg stated
“Australia is back!”. The Budget proposes positive changes to superannuation, an extension
of the low and middle income tax offsets and a boost to aged care services. Continue reading

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05-May-2021 YBM

Tax Time Toolkit for Retail Workers

Find out what you can claim this year as a retail worker. Continue reading

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15-Apr-2021 YBM

Funding your retirement – the majority of Aussies cannot rely on Super alone

Around 1.7 million Australians over the age of 70 have no superannuation. Don’t be left short in your retirement. Come see us now. Continue reading

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23-Mar-2021 YBM

Single Touch Payroll changes from 1 July 2021

From 1 July 2021, small employers will commence to report for closely held payees, and the quarterly exemption for micro employers will generally cease. This article summarises the ATO guidance. Continue reading

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17-Mar-2021 YBM

Fight the flight

Even in volatile markets, the fundamental tenets of good investment remain unchanged: Quality assets, quality structures and quality management. Continue reading

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16-Mar-2021 Practiceplus

Tax planning for Australian accountants in 2021

Tax planning in 2021 will be a little different this year. As part of Xero’s Education Month, we are offering a webinar to give accountants and bookkeepers peace of mind as we head into April. Continue reading

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11-Mar-2021 Practiceplus

What’s Happening to Small Business Loans in Australia: Will 2020 Crisis Continue in 2021?

From better client relationships to faster data retrieval, we reveal the true strategic benefits of automated workflows – and why it’s so important. Continue reading

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11-Mar-2021 YBM

Ladies, make your money work harder!

Growing the money pot doesn’t mean you have to work harder – you can make your money work harder for you. Continue reading