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Heather Moore
52 posts

$20k deduction for ‘electrifying’ your business

Heather Moore
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction to nudge the investment behaviour of small and medium businesses, this time…
Property subdivided

Thinking of subdividing?

Heather Moore
The tax implications and pitfalls of small-scale subdivisions You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax exposure is minimal…
Succession Planning

Succession: What does it take to and your business to the next generation?

Heather Moore
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners. When it comes to generational succession of a family business, there are a few important aspects: Succession of the…

Why is my tax refund so small?

Heather Moore
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue compared…
Business Owner Checking Business Status

Navigating The Complexities Of Small Business Accounting

Heather Moore
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Accurate financial records are important for a business’s success, but navigating the complexities of accounting can be challenging. That’s where a professional accountant steps in to streamline the process. This guide will provide you with insights into the intricacies of small business accounting. Decoding the Basics: The Importance of Small Business Accounting First, let’s understand the…

Backing a winner: Digital games tax

Heather Moore
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Backing a winner: Digital games tax The digital games and interactive entertainment sector is the largest creative sector in the world and one of the fastest growing industries worldwide. The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating $226.5 million in income and employing…

The 120% technology and skills ‘boost’ deduction

Heather Moore
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The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for expenditure by small and medium businesses (SME) on technology, or skills and training for their…
Woman Computing Her Finances Using Calculator

How To Raise Financially Responsible Children

Heather Moore
Times are tough and financial responsibility is stressful for people at the moment. Did you know that your kids can pick up on this emotion and feel disempowered? By discussing and teaching financial acumen in their formative years, you can help to improve their self-esteem and social awareness. It’s in these years that attitudes towards…
A Tax Return

How To Avoid Penalties On Late Tax Returns?

Heather Moore
Understanding tax return deadlines and ensuring timely submissions is an important aspect of managing personal and business finances. Whether you’re an individual or a small business, navigating tax returns can be tricky and while it may be tempting to put off your tax return, don’t! It can result in costly penalties and a bad reputation.…
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