New Financial Year – New Business Strategies?
The start of a new financial year is the perfect time to take stock and set your business up for success. It’s an opportunity to review your strategies, make necessary adjustments, and ensure you’re on track to achieve your goals. But with so many competing priorities, it can be challenging to know where to focus […]
Claim Your Home Office Expenses Correctly With ATO’s Revised Fixed-Rate Method
With the rise of remote work in recent years, more and more Australians are setting up home offices. Whether you’re a full-time employee, a freelancer, or a business owner, it’s important to understand how to correctly claim home office expenses on your tax return. As of 1 July 2022, the Australian Taxation Office (ATO) introduced […]
The Dreaded ATO Tax Audit – Latest Stats, and How to Be Ready
For any business owner, one area that often causes concern is the potential for audits and reviews by the Australian Taxation Office (ATO) or other government revenue authorities. While these audits may not necessarily reflect any faults in your book-keepers or accountant’s work, they can still disrupt your business operations. Staying informed about th
Is It Really Possible to 10x My Profit? 4WD Garage Case Study.
Every business owner strives to maximise their profit margins. But is it really possible to 10x your profit? The answer might surprise you. Recently, I had a conversation with a business coach who shared an incredible success story about one of his clients. This client, a 4WD mechanical shop and customisation business, managed to achieve […]
Boosting Profitability in Your FMCG (or Nearly Any) Business: A Case Study
As a fast-moving consumer goods (FMCG) business owner, you’re always looking for ways to increase your profitability. While there’s no magic formula for instant success, the strategic incremental changes shown in the case study below, can seem like magic! In this blog post, we’ll walk you through a case study that demonstrates the power of [&h
Only One Month Until EOFY – Top Five Things Every Business Should Do
As the end of the financial year (EOFY) rapidly approaches, business owners must take a step back and ensure they’re well-prepared for the upcoming tax season. With only one month left until the 30th of June, now is the perfect time to review your financial situation and make any necessary adjustments to optimise your tax […]
His Wife Ate a FishHook at a Michelin-Guide Rated Restaurant!
What Happened Next is a Great Lesson For Businesses! (Photo Credit: Tawk.to) Recently, Robert D’Assisi, a founder and CEO of a major online customer service platform, were enjoying a meal at a Michelin guide rated restaurant in Latvia. Mid-way through his meal, his wife found a fish hook in her mouth, after chewing on a […]
Bitcoin Halving 19/20th April. What Might Happen? What About Tax Implications?
Key Takeaways Bitcoin’s upcoming halving event is expected to occur on Friday or Saturday, potentially leading to significant shifts in the cryptocurrency market. In Australia, you generally only pay tax on realised capital gains from your crypto investments, not unrealised gains Summary – What is Bitcoin Halving? – Bitcoin’s next halvin
7 Tax Planning Advantages – Why to Start Preparing Mid Financial Year
Tax time provides an opportunity to thoughtfully review your finances and plan ahead. By planning early and getting professional advice about all possible deductions and steps you may need to put in place now, you can reduce stress and align your taxes with broader financial goals. A little proactive preparation allows you to engage a […]
Announcing “KP Pod” – Keypoints’ Mini Podcast
Keypoint Accountants and Advisors is proud to announce the launch of “KP Pod” – mini-podcasts with valuable nuggets to help you and your business in your financial journey. Here is Episode 1:
