Australian Small Business Accounting and Tax Blog

Amarose Accounting End of Year Business Budget Piggy Bank Profit First Tips

Your End-of-Year Business Budget Reset: A Fresh, Fun Way to Step Into the New Year With Confidence

As the calendar year starts winding down, most small business owners feel one of two things:a sudden burst of “new year, new me” energy or an overwhelming desire to hide…

Payday Super: What Business Owners Need to Know (Before July 2026)

With the introduction of Payday Super, employers can streamline super contributions and reduce the risk of missed or late payments. For years, Australia’s superannuation guarantee (SG) rules have let employers…

Explaining the true cost of staff for Australian small businesses. Amarose Accounting.

Do You Really Know the True Cost of Your Staff?

When you think about the true cost of staff, it’s tempting to stop at their salary or their hourly rate. However, that number only scratches the surface. The real cost…

Amarose Accounting - Why a Great Accountant Is One of Your Business’s Most Valuable Assets Gold Coast Tax Accountant Profit First Certified Professional

Why Great Accountants Are One of Your Business’s Most Valuable Assets

How a trusted business accountant adds real value—and why it’s worth investing in the right one! As a new financial year begins, business owners often start to ask: Is my…

Superannuation Guarantee Increases to 12% from 1 July 2025: What Small Business Owners Need to Know

As of 1 July 2025, the Superannuation Guarantee (SG) rate has increased to 12%, marking the final step in the government’s plan to enhance retirement savings for Australian workers. The…

Amarose Accounting 1 July Small business changes Australian Tax

What’s Changing for Small Businesses from 1 July 2025

Your full guide to legislation, deductions, and payroll changes for small business starting 1 July 2025 for the new financial year. From super and wage increases to new compliance obligations,…

Amarose Accounting business tax return accountant Australia

Is Your Business Ready for Tax Time? Here’s What You Need to Know This EOFY

As the financial year draws to a close, there’s one big question every business owner should be asking: “Am I prepared for my business tax return?” Whether you’re running a…

Why Smart Business Owners Prepare Early for EOFY

As the countdown to 30 June ticks on, small business owners across Australia feel the familiar EOFY (End of Financial Year) rush creeping in. However, the truth is that the…

Amarose Accounting Business Accountant Gold Coast ATO Debt Interest Rates Non-deductible

No More Deductions on Interest: ATO Interest No Longer Tax-Deductible from 1 July 2025

If you’re a business owner who sometimes falls behind on tax payments, there’s a big change coming that you need to know about. From 1 July 2025, the Australian Taxation…

Amarose Accounting Logbook for Small Businesses Why do I need a logbook?

Why Do I Need a Logbook for my vehicle? A Practical Guide for Australian Small Business Owners

If you’re wondering “why do I need a logbook?” for your business vehicle, the answer lies in how you claim car expenses with the ATO—and how much tax you might…

Amarose Accounting Best Business Structure Advice

What’s the Best Business Structure for You in 2025?

Choosing the right business structure isn’t just a box to tick when registering your ABN. It’s a decision that can shape your tax obligations, personal liability, compliance requirements, and even…

Profit First Certified Accountant Australia Amarose Accounting

Why Choosing a Certified Profit First Accountant Can Transform Your Business (and Your Bank Balance)

Let’s be honest—when it comes to small business finances, most people feel a little (or a lot) overwhelmed. You’ve got income rolling in, bills going out, tax time creeping up,…

Tax Planning Amarose Accounting Profit First Accountants

It’s Tax Planning Time – Here’s Why You Shouldn’t Wait

June 30 is just around the corner—and that means it’s tax planning season. For small business owners, sole traders, and individuals alike, this is the time to take a step…

FBT 2025: Your Guide to Fringe Benefits Tax, What’s Changing, What to Watch, and How to Stay ATO-Compliant

It’s that time of year again — and no, we’re not talking about Easter eggs or end-of-quarter reports. March 31st marks the end of the Fringe Benefits Tax (FBT) year…

Amarose Accounting Business Burnout Cashflow

Avoiding the Business Owner Burnout

Running a business isn’t just a job—it’s a full-body, mind, and soul experience. And while the freedom, flexibility, and financial potential are undeniable, the reality for many business owners is…

Amarose Group Business Cashflow in 2025 Profit First

New Year, New Business Habits: Boost Cashflow & Profits in 2025

As we settle into 2025, it’s the perfect time to shake off the holiday cobwebs and set up some good habits that will keep your cashflow steady and business profits…

Why Your Business Needs a CFO or Virtual CFO

In today’s fast-paced business environment, having a Chief Financial Officer (CFO) or virtual CFO is an essential role to ensure financial success. A CFO provides financial expertise, strategic planning, and…

Amarose Accounting Reasons you need a Business Accountant

Top 10 Reasons Your Business Needs a Business Accountant

Running a successful business involves more than just hard work and dedication; it requires strategic financial management. There are many reasons for having a business accountant, as they can be…

Property and Tax: Is Your Primary Place of Residence Really Tax-Free?

The concept of the main residence exemption suggests that your family home is exempt from capital gains tax (CGT) when you sell it. However, like most tax regulations, which also…

Mastering Cashflow and Profit for Business Success

In the world of business, managing money effectively is both an art and a science. Good money management goes beyond simply balancing the books; it’s about making strategic decisions that…

Amarose Accounting Instant Asset Write-Off 2023-2024

The Instant Asset Write-Off: What It Means for Your Business in 2023-24

If you’re a small business owner, the increase in the instant asset write-off threshold from $1,000 to $20,000 for the 2023–24 financial year is a major win. This change offers…

Key Financial Changes for Business & Individuals - Amarose Accounting Profit First Accountants

What’s Ahead for 2024–25? Key Financial Changes for Business & Individuals

As we move into the 2024–25 financial year, many Australians are wondering: what are the key financial changes for me and my business? While uncertainty still lingers, one thing is…

Achieving Profitability: The Power of Engaging a Profit First Professional

In the competitive world of business, staying profitable is not just a goal—it’s a necessity. For many business owners, the challenge lies in not just generating revenue but ensuring that…

The Latest Minimum Wage Increase: What It Means for Your Business

Exciting News for Australian Workers and the Minimum Wage Increase On June 3, 2024, the Fair Work Commission announced a 3.75% minimum wage increase, bringing significant changes for businesses and…

The Generational Wealth Dilemma: Should You Embrace the Role of the ‘Bank of Mum and Dad’?

In the contemporary landscape of real estate, the dream of homeownership remains an enduring aspiration for countless individuals and families. However, the soaring prices of properties, juxtaposed with relatively stagnant…

Navigating the Company Money Crackdown: Understanding Division 7A

In the bustling world of entrepreneurship, where lines between personal and professional can blur, the Australian Taxation Office (ATO) has set its sights on a pervasive issue: the misuse of…

SMSF Asset Valuations SMSF Amarose Accounting

Ensuring SMSF Asset Valuations: A Critical Imperative for Trustees

When managing a self-managed superannuation fund (SMSF), valuing your assets correctly isn’t just good practice—it’s required by law. The Australian Taxation Office (ATO) recently reminded SMSF trustees that accurate valuations…

What’s Your Business Worth?

What's Your Business Worth? Amarose Group Business Accounting

Business Cashflow using Profit First methods Amarose Group Gold Coast Business Tax Accountant

Examples of Overcoming Cash Flow Challenges with Profit First

Cash flow challenges for businesses overcome by Profit First approach

Benefits of Tax Planning for Businesses in 2024

Benefits of Tax Planning for your business with Amarose Group Business Accountant and Tax Agent

The Shift from Conventional Accounting to the Profit First Model

The Shift from Conventional Accounting to the Profit First Model Amarose Group Gold Coast Accountant and Profit First specialist.

Fringe Benefit Tax Business Accountan Amarose Group

Navigating Fringe Benefit Tax

Navigating Fringe Benefit Tax Amarose Group Business Accounta

Stage 3 Personal Income Tax Revamped

The Federal Government has unveiled a proposal to overhaul personal income tax cuts set to commence on July 1, 2024. This revision aims to redistribute benefits, targeting individuals with taxable…

Fast Track Your Financial Success

The modern business landscape is a dynamic one, and navigating the complexities of financial management can be a challenge for even the most seasoned entrepreneur. From strategic planning to operational…

Understanding Profit First

How Profit First For Your Business Can Transform It Into A Money Making Machine In the ever-competitive world of business, profitability reigns supreme. But true financial success goes beyond just…

How to be a Profitable Small Business Owner

Running a small business in Australia is a dream for many, offering the freedom and flexibility to be your own boss and build something from the ground up. But like…

NEWS

Your End-of-Year Business Budget Reset: A Fresh, Fun Way to Step Into the New Year With Confidence

Payday Super: What Business Owners Need to Know (Before July 2026)

Do You Really Know the True Cost of Your Staff?

Why Great Accountants Are One of Your Business’s Most Valuable Assets

Superannuation Guarantee Increases to 12% from 1 July 2025: What Small Business Owners Need to Know

What’s Changing for Small Businesses from 1 July 2025

Is Your Business Ready for Tax Time? Here’s What You Need to Know This EOFY

Why Smart Business Owners Prepare Early for EOFY

No More Deductions on Interest: ATO Interest No Longer Tax-Deductible from 1 July 2025

Why Do I Need a Logbook for my vehicle? A Practical Guide for Australian Small Business Owners

What’s the Best Business Structure for You in 2025?

Why Choosing a Certified Profit First Accountant Can Transform Your Business (and Your Bank Balance)

It’s Tax Planning Time – Here’s Why You Shouldn’t Wait

FBT 2025: Your Guide to Fringe Benefits Tax, What’s Changing, What to Watch, and How to Stay ATO-Compliant

Avoiding the Business Owner Burnout

New Year, New Business Habits: Boost Cashflow & Profits in 2025

Why Your Business Needs a CFO or Virtual CFO

Top 10 Reasons Your Business Needs a Business Accountant

Property and Tax: Is Your Primary Place of Residence Really Tax-Free?

Mastering Cashflow and Profit for Business Success

The Instant Asset Write-Off: What It Means for Your Business in 2023-24

What’s Ahead for 2024–25? Key Financial Changes for Business & Individuals

Achieving Profitability: The Power of Engaging a Profit First Professional

The Latest Minimum Wage Increase: What It Means for Your Business

The Generational Wealth Dilemma: Should You Embrace the Role of the ‘Bank of Mum and Dad’?

Navigating the Company Money Crackdown: Understanding Division 7A

Ensuring SMSF Asset Valuations: A Critical Imperative for Trustees

What’s Your Business Worth?

Examples of Overcoming Cash Flow Challenges with Profit First

Benefits of Tax Planning for Businesses in 2024

The Shift from Conventional Accounting to the Profit First Model

Navigating Fringe Benefit Tax

Stage 3 Personal Income Tax Revamped

Fast Track Your Financial Success

Understanding Profit First

How to be a Profitable Small Business Owner

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