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The Importance of Keeping Clean Records

The Importance of Keeping Clean Records

by welsh-tax | Jun 3, 2025 | Accounting, Australian Taxation Office, Finance, Human Resources, Starting a Business, Taxation, Xero

The Importance of Keeping Clean Records: What Every Business Owner Should Know As accountants, we have seen firsthand how well-maintained financial records can make or break a business. Keeping clean records isn’t just about compliance—it’s about setting your business...
How to Build Financial Resilience: Budgeting Tips That Work

How to Build Financial Resilience: Budgeting Tips That Work

by welsh-tax | May 28, 2025 | Accounting, Australian Taxation Office, Finance, Refinancing, Taxation

In today’s financial landscape, building resilience is more important than ever. Whether you’re an individual looking to secure your future or a business owner navigating economic shifts, a strong budgeting strategy is essential. Budgeting isn’t just about...
$20,000 Instant Asset Write-Off Extension

$20,000 Instant Asset Write-Off Extension

by welsh-tax | Apr 30, 2025 | Accounting, Australian Taxation Office, Finance, Queensland Government, Starting a Business, Taxation

Small Business Support: $20,000 Instant Asset Write-Off Extension Great news for small businesses! As part of the 2024–25 Budget, the government announced that it will continue supporting small businesses by extending the $20,000 instant asset write-off limit until 30...
Exit Strategies and Succession Planning: Closing with Success

Exit Strategies and Succession Planning: Closing with Success

by welsh-tax | Apr 9, 2025 | Accounting, Australian Taxation Office, Estate, Estate Planning, FBT, Finance, Starting a Business, Superannuation, Taxation, Xero

As business owners you often focus on growth and operations but focus needs to be turned to planning for the future. This includes considering how and when you will “step down” and what this looks like. Whether this “step down” results from planned retirement, a...
Navigating Business Loans and Funding Options

Navigating Business Loans and Funding Options

by welsh-tax | Apr 2, 2025 | Accounting, Australian Taxation Office, Finance, Human Resources, Queensland Government, Refinancing, Starting a Business, Superannuation, Taxation, Xero

Choosing the Right Path for Your Australian Business Continuing from our running a business blog series, this blog will dig into funding options.  For business owners, securing funding is often a vital step in starting, growing, or sustaining a business. Whether...
Techniques to Manage Business Cash Flow

Techniques to Manage Business Cash Flow

by welsh-tax | Mar 27, 2025 | Accounting, Australian Taxation Office, Estate Planning, Finance, Refinancing, Starting a Business, Superannuation, Taxation

Understanding how to manage cash flow is crucial for the sustainability and growth of any business. Poor cash flow management can lead to cash crunches, liquidity issues, and even business failure. In this blog, we will share some effective techniques to help business...
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Recent Posts

  • The Importance of Keeping Clean Records
  • How to Build Financial Resilience: Budgeting Tips That Work
  • A Tax Planning Review Is Essential prior to 30 June
  • A Game-Changer for Businesses!!
  • $20,000 Instant Asset Write-Off Extension

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