Are you ready to start a business? (Part 1)

As small business accountants in Melbourne who work with hundreds of small business owners, we know what it takes to successfully start a business. Starting a business can be a very rewarding journey, when done right. It can also be a costly and stressful experience when not done right.    When we were planning out…

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What is Negative Gearing and How Does It Work?

What is negative gearing? Negative gearing. It’s a term you’ve probably heard before, but what exactly is it? Does it only relate to investment properties or can it be achieved with other investment types? More importantly, is it something you can benefit from?   Have you tuned in to our podcast? Episode 7 is a…

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Super guarantee opt-out for employees with multiple employers

Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer.   Employers are required to pay 9.5% superannuation guarantee for all eligible employees. But what happens if you are an employee with multiple employers? Until recently, these compulsory payments meant some employees risked unintentionally breaching their concessional contributions caps. New…

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