With the recent rise in the official cash rate by the RBA, many people are now concerned about what they should be doing with their current mortgages. Everyone is asking us the question - ‘should I fix my interest rates?’

Inside this month, we clear the confusion (as much as possible) on the 120% deduction for skills training and technology announced in the federal Budget. We also look at the ample number of changes coming into force from 1 July 2022. Finally, can you claim a deduction for your gym membership (and what the AAT has to say about this).

The adage when it comes to building your business is to solve problems, not sell products. The greater the problem you solve, the higher the fee you can charge. So, what happens during times of inflation?

The Reserve Bank of Australia (RBA) has kept the official cash rate at the historically low level of 0.1 percent in their April meeting, despite rising concerns of soaring cost of living for ordinary Australians.

March 2022 Small Business Tax Update: This is a safe, ballot box friendly Budget as expected with a focus on jobs, cost of living, home ownership, and health.

It has been an interesting start to the year for business owners in Australia. If you are feeling some pressure, rightly so. It’s important to be cognisant of the storm brewing around you if you are going to take a proactive approach to growth and business management.