Inspiration Centre


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Inspiration Blog

We check our phones about 85 times a day. Chances are, you’re reading this on one right now – or it won’t be long till you check it again. A staggering 70% of internet traffic now comes from mobile devices.

One of the things that I see happen so often is for people who are moving to the Southwest to buy or setup a business so they can buy themselves a job.

There is a common understanding that the tax consolidation regime is for the “big end of town”.

Whilst tax consolidation does feature in the tax structuring of larger corporates, the tax consolidation regime is not only for the big end of town, but can be effectively used by Small to Medium Enterprise Groups (“SME”), the minimum requirement to form a tax consolidated group being a resident company with at least one wholly owned subsidiary company (or unit trust).

Getting paid on time can be a bug bear for many companies – no matter their size or where their payments are flowing from. Late payments mean potential problems with cash flow further down the line. And if it’s an ongoing problem, it can have serious consequences for business health. Much has been said about the impact of late payments on small businesses, as they are often working within tight financial constraints. But what about larger enterprises?

There are no hard and fast rules or simple tips and tricks when it comes to Self Managed Super Funds (SMSF’s).  Each client’s situation is unique and requires careful review before answering question such as… should I consider setting one up?

Xero have been working hard behind the scenes on some great improvements to their help centre. We know thousands of you check the online help pages every day. So we know that finding a quick answer is super important to getting you back on track with the work you’re doing.

We all value freedom of choice and having control of our finances – an SMSF can offer these to a far greater degree than any retail or industry fund that currently exists.