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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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
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
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
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
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
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
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
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
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
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
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
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
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
Federal Budget Update
Got 5 minutes for a brilliant summary of the Federal Budget? Continue reading
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
Tax Time Toolkit for Retail Workers
Find out what you can claim this year as a retail worker. Continue reading
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
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
Fight the flight
Even in volatile markets, the fundamental tenets of good investment remain unchanged: Quality assets, quality structures and quality management. Continue reading
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
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
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
Latest product news – March 2021
This month, we’ve focused on enhancing our existing products on the Xero platform. Our teams use the ‘test, learn, refine’ principle to continuously improve the features you use every day, so you can streamline your accounting work and grow your business. Continue reading
Three payroll changes and trends to prepare for in 2021
There are still many unknowns ahead, but there are some things small businesses can start to plan for – these include a number of developments set to impact payroll in 2021. Continue reading
AgriStarter loan offers support to new farm business owners.
Succession loans and first farmer loans are now available through the ArgiStarter loan to enable new and established farmers to achieve their agribusiness goals. Continue reading
Five technology trends set to shape 2021
None of us can predict what 2021 will hold—but it’s guaranteed that digital adoption will continue to have a transformative role on the way we do business. Continue reading
5 skills that should be a part of every manager’s training
A handbook, alone, won’t cut it. Ongoing training is key. Continue reading
One of our greatest strengths
Being a member firm of the Walker Wayland Australasia network connects YBM to other independent firms who are driven by similar values. Continue reading
YBM’s Christmas Message
YBM wishes all of our clients a happy and safe holiday period and are looking forward to seeing you all in 2021. Continue reading