Most business owners know they need to maintain profitability in order to survive, but even if you are profitable on paper, you may still find yourself in cashflow stress and unable to pay all your debts on time.
By Catherine Simons - COO & Director | Created on April 6, 2023
Question: I want to take out a loan from my business (a company) in order to invest in listed shareIf you're a director of a company in Australia, you might be wondering why you should hire an ASIC Registered Agent.
By Sarah Cox, WSC Group Administration Director | Created on April 4, 2023
In this month’s newsletter, we discuss why it is not always ideal to sell investments in share markets, particularly when there is a downturn.
By By David Shaw, Founder and CEO WSC Group | Created on March 22, 2023
Taking a large sum of money from a superannuation fund to prop up a business and pay off creditors may seem like a risky way forward.
By Guru Singh, Client Manager | Created on March 8, 2023
You’re a sole trader with an ABN, working for a construction company or two. You have an online business creating social media marketing content.
By Jonathan Karanikas, Client Manager | Created on February 9, 2023
Business owners in Australia face a range of concerns that have the potential to impact their operations and their profitability. These concerns include:
By David Shaw, CEO & Founder | Created on February 9, 2023
With the latest interest rate decision handed down by the RBA, interest rates are a hot topic of conversation. It is well reported on that interest rate rises in Australia can have a significant impact on the economy.
By David Shaw, CEO & Founder | Created on February 9, 2023
A new calendar year often brings legislative changes that understandably don’t receive much attention. One of these is the change in eligibility around downsizer contributions.
By Lindsay Davis, Director | Created on February 1, 2023
As we stride into the fresh New Year ahead, many of us like to set ourselves some form of ‘New Year’s Resolutions’. We set ourselves constructive goals which reflect some aspect of our lives that we are inspired to tweak for the better.
By WSC Group | Created on January 13, 2023
Over the last 6-months, I have observed a growing concern from our business clients about staffing shortages and how they will get work completed for their customers.
By David Shaw, CEO and Founder of WSC Group | Created on November 30, 2022
Are we heading for a soft landing?
By David Shaw, CEO & Founder of WSC Group | Created on September 8, 2022
The government has introduced a new bill to remove Fringe Benefits Tax on eligible electric vehicles (EV). If this becomes law, it will apply retrospectively from 1 July 2022.
By Jonathan Karanikas, Client Manager | Created on September 6, 2022
How will interest rates change our lives in the next 18 months
By David Shaw, CEO & Founder of WSC Group | Created on August 9, 2022
How interest rates will change our lives in the next 18 months
By David Shaw, CEO & Founder of WSC Group | Created on August 9, 2022
Land tax has always been a state-based tax calculated on the land held by investors in each relevant state.
By Lindsay Davis, Director | Created on July 29, 2022
As we enter a new tax season, I thought I would give you an update of changes in tax law and some areas to look out for when preparing your tax return.
By David Shaw, CEO & Founder of WSC Group | Created on July 23, 2022
Blog for ATO Correspondence 2 Factor Authentication change
By WSC Group | Created on July 20, 2022
Leading up to the 1st of July 2022, we were told to ‘get ready’ for the new superannuation changes that would come into effect.
By Todd Hearne, Director | Created on July 12, 2022
After completing many business tax meetings across Australia, we have found our clients facing new kinds of challenges which has only existed in these recent years.
By David Shaw, CEO & Founder of WSC Group | Created on June 9, 2022
It is that time of the year again!
By Rainer Lamb, Client Manager | Created on June 7, 2022
These two events are significant, and we appear to be entering into a time of increased economic uncertainty. With some analysts predicting both a Labor Government victory and up to eight (8) interest rate rises over the next year, I thought I’d put forward a few scenarios of what we may see in the next 12-months.
By David Shaw, CEO and Founder of WSC Group | Created on May 15, 2022
With climate change and global warming scarcely leaving the headlines its unsurprising that sustainable business and property practices are at the top of everyone’s mind. We have put together our top tips to help you be more sustainable while looking after your bottom line
By Catherine Simons, COO & Director | Created on April 20, 2022
I don’t know about you but where has 2022 gone?
By David Shaw, CEO and Founder of WSC Group | Created on April 8, 2022
At the time of writing, the Federal Government is preparing to release it’s 2022-23 Budget. Being an election year, we can expect that there is going to be a lot of short-term support to give voters a ‘sugar-hit’ either via tax cuts or offsets. This is understandable in a post pandemic world.
By Lindsay Davis, Director | Created on March 10, 2022
I always try to be thankful for whatever situation comes across my path, good or bad, because I believe we are shaped by the challenges we face.
By David Shaw, CEO & Founder of WSC Group | Created on March 9, 2022
I hope you have been enjoying the ‘Business Start-Up’ theme of our latest newsletters. From analysing small businesses in Australia and writing a business plan, to setting SMART goals for the year ahead, we hope we have provided some insightful tips to launch your business endeavours.
By David Shaw CEO and Founder of WSC Group | Created on February 15, 2022
Success in business can take on multiple meanings
By WSC Group | Created on February 14, 2022
With the NSW Government’s recent announcement of a new support package for eligible business, I thought it would be a good time to remind our NSW and VIC business clients of what assistance still available for them.
By Todd Hearne, Director | Created on February 9, 2022
In light of RedFeb and our ongoing recognition of those affected by heart disease, we’d also like to highlight another big ‘red’ you as a business may need to look out for
By WSC Group | Created on February 3, 2022
As we peek into the fresh new year ahead, many of us like to set ourselves some form of ‘New Year’s Resolutions’.
By David Shaw, CEO and Founder of WSC Group | Created on January 17, 2022