Tax time doesn’t have to be terrifying
More and more Australians are finding value in professional financial planning advice because it can make the difference between a good life and a great one.
The Game of Money – are you winning or losing?
More and more Australians are finding value in professional financial planning advice because it can make the difference between a good life and a great one.
Do you need product liability insurance?
If you sell a ‘product’, then it is important to protect your business against any claims of damage or injury that could potentially arise from these products.
Cyclone Debbie: A case for Business Interruption Insurance
If ever there was a case for business interruption insurance it was in 2017 when cyclone Debbie ravaged through the Whitsundays, and left severe floods in her wake right down the Queensland coast into northern New South Wales.
SME insurance – are you covered?
When you’re starting out as a small business, there are so many things to consider …
And insurance should be top of your list.
Workers’ Compensation Insurance
Workers’ Compensation Insurance is compulsory insurance for all Australian businesses that employ staff.
Level versus Stepped Premiums
When you’re considering long-term insurance cover, like life insurance, it’s important to know the difference between level and stepped premiums.
What is directors and officers (D&O) liability insurance?
Directors and office holders (D&O) liability insurance protects the personal assets of directors and officers against legal costs for allegations of mismanagement, misconduct or legislative breaches.
Life Insurance and TPD Cover
These kinds of personal insurances are ones we really don’t like to talk about. But it’s important to consider what would happen if you died.
Trauma Insurance
Trauma Insurance – also sometimes called critical illness insurance. It’s a policy designed for the unexpected: a shocking health diagnosis or a life-changing accident.
Self-managed superfunds and insurance – make sure you’re covered
It is a legal requirement for all super funds (including SMSFs) to prepare and document an investment strategy during the set-up phase. This strategy (including any insurance coverage) must then be reviewed regularly by fund trustees to ensure that it continues to meet member needs as they change over time.
Corporate Travel Insurance – what you need to know
Let’s say you’re running a business and that from time-to-time, you as the owner, other company directors and perhaps also key employees need to travel for work purposes.
Professional Indemnity Insurance
Professional Indemnity Insurance is designed for people who work in professions where they provide advice – bookkeepers, real estate agents, marketing advisors, architects, life coaches personal trainers… the list goes on.
Safeguard yourself, and your business, with income protection insurance
Most people have some form of income protection insurance within their super. But is it enough? And will it cover you in all circumstances? Have you ever looked at the fine print? If you’re running your own business and suddenly can’t work – even for a short period of time – are you sure that you will be covered financially?
Public Liability Insurance
Under the law, every small business and property owner has a duty of care to the general public and can be held responsible for any injuries that a person sustains on their property or as a result of their business activities.
Unleashing your company‘s productivity
A few years ago, Big Four Accounting firm Deloitte published a report on productivity. The report stated that private sector bureaucracy is costing the economy about $250 billion dollars a year.
Let’s talk business risk: Have you got a plan in place if you lose a key person?
Ever thought about what might happen if a key person in your business suddenly couldn’t work anymore? What would happen if your business partner or a key team member passed away suddenly or had an accident that rendered them unable to work?
Insurance – should you purchase cover inside your superannuation or independently?
With the government changes to superannuation looming, changes which mean insurance in an ‘inactive’ super account (one you haven’t made a regular contribution to in 16 months) will be cancelled by 30 June unless you opt to retain it.
Tips for managing your tax payments
There’s nothing more certain in life than death and taxes.
And in business, there’s nothing more certain than taxes.
When you’re a business owner, alongside rent and wages, tax can be one of the biggest bills you’ll face over the course of a year.
Hiring your first employee
There are many pivotal moments that start-ups face. Perhaps one of the most critical is that growth spurt that changes you from being a one-person operation to becoming a business that employs staff.
‘Best Client Results’ – Award recognition for ATB Partners
ATB Partners receives ‘Best Client Results’ at the Penatlitix Awards 2018. The award recognises an accounting business that has achieved outstanding results for clients.
Lodging Your Tax Return: Episode Three – Share Schemes
At ATB, we are passionate about and believe in small and medium business in Australia. As chartered accountants and business mentors, we’ve been providing financial solutions and advice to businesses throughout Australia and around the world for more than 20 years.
Lodging Your Tax Return: Episode Two – What is Income?
Understanding the different types of income is important when lodging your own income tax return with the Australian Taxation Office (ATO). The timeframe for lodging your own income tax return is from 1 July to 31 October each financial year. Extensions are not granted to individuals; however, your tax accountant can seek one for you.
ABNs and GST
The tax and financial requirements for running a business can get overwhelming. What is an ABN, do I need one? What is GST?
Lodging Your Tax Return: Episode 1 – DIY or Use a Professional?
ATB’s ‘Lodging Your Tax Return’ video series aims to answer some of the questions you may have about the tax return process.
Cyber Security and Your Business Systems
Director, Michael Mekhitarian from ATB Chartered Accountants discusses the issue of Cyber Security threats and provides proactive solutions for your business.
New Year’s Accounting Resolutions For Your Business
Typically New Year’s resolutions include: I’ve got to lose weight, I want to get fit, I want to spend more time with the family…
Wish You Were Here – Raising funds to Find a Cure for Pancreatic Cancer
In September 2017, ATB Director Jim Vass trekked the Kokoda Trail. As part of the “Wish You Were Here” team, Jim set off to raise awareness and funds for Pancreatic Cancer, a cause close to his heart.
Signs you’ve outgrown your accountant
Your accountant should be working with you strategically and proactively to move your business forward.
What’s involved in switching accounting firms?
The barriers to switching your accountant can seem overwhelming. Michael breaks those down.
Cashflow vs Profit – what is the difference?
The business accountants at ATB explain the difference between cashflow and profit