Blog Archives

LNP’s Superannuation and Tax Policies in the Upcoming Election

Liberal National Party’s (LNP) Superannuation and Tax Policies The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual […]

How to Read a Balance Sheet: Updated Nov 2018

How to Read a Balance Sheet Updated Nov 2018 Rede Accountants Gold Coast, Brisbane & Byron Bay You receive your annual financials from your accountant and read the profit and loss statement and glance at the mysterious balance sheet. Most people don’t understand the significance of the Balance Sheet and yet it is just as […]

Case Study: Surviving growing your business

Growing your business and surviving the pain you experience in your cash flow A Case Study Rede Accountants Gold Coast, Brisbane & Byron Bay You’re looking at growing your business but know that the costs come before you generate additional revenue. On paper you might be making a profit, cash flow wise you are in […]

When is the right time to structure your business affairs?

When is the right time to Structure your Business Affairs? Rede Accountants Gold Coast, Brisbane & Byron Bay We’re often asked by clients – “When is the right time to structure your business affairs?” In a nutshell, the correct answer is the day you start the business. This is often not practical because you can’t […]

Setting up a Business – Entity Types

Setting up a Business – Entity Types When establishing or setting up a business the main choices you have for entity types are: Company Trust Sole trader Partnership Everyone’s circumstances are different when setting up a business and there is no ‘one answer’. Let’s consider some criteria that may help you make a decision: Personal […]

Buying a business or a buying a job?

Buying a business or a buying a job?   Rede Accountants Gold Coast, Brisbane & Byron Bay These days job security is difficult to obtain. Businesses may go broke, get bought out or scale down their activity levels. Employees leaving their positions often have to decide whether they seek alternative employment or buy/set up a […]

Key factors for rescuing a bad debt deduction

Key factors for Rescuing a Bad Debt Deduction   Rede Accountants Gold Coast, Brisbane & Toowoomba It is very often the case that unpaid debts owed to a business can have a significant impact on cash flow and the ongoing profitability of a business. In a taxation context, the characterisation of a particular debt as […]

Small Business Key Performance Indicators of Efficiency

Small Business Key Performance Indicators   Rede Accountants Gold Coast, Brisbane & Toowoomba Your small business often chugs along oblivious to how other businesses in your industry perform. In recent times, the ATO has published a number of small business key performance indicators (KPI’s) on an industry by industry basis. For example, they have adopted […]

2018/2019 Federal Government Budget Recap

2018/2019 Federal Budget Recap   Rede Accountants Gold Coast, Brisbane & Toowoomba Mr Morrison brought down the Annual Federal Budget on 8 May. There was not that much meat in the document. It was a ‘steady as she goes election federal budget’. Other than talk about deficits and spending, what impacts the man in the street […]

Stop putting off thinking about your retirement!

Why you should start Retirement Planning now!   Rede Accountants Gold Coast, Brisbane & Toowoomba Aged care specialists have determined that the average age of people entering into residential care is 83, however, people need to start thinking about and planning their future needs in their 50’s to 60s. Delaying retirement decisions can result in […]

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