For many Australian businesses, we understand how challenging it can be to navigate the tough conditions in today's manufacturing sector. Rising input costs and constant downward pricing pressures can really put a strain on a business. While it's important to focus on increasing sales, there are other strategies that can have an immediate impact on [...]
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So far Hoffman Kelly has created 107 blog entries.
As a small business owner, you deal with a multitude of obstacles. Throw taxes into the mix, and it can be a minefield trying to navigate in conjunction with your everyday business activities. We understand it’s not easy and sometimes mistakes are made, which can be costly for you and may also put you [...]
Christian began his accounting journey at Hoffman Kelly in January 2021, where he initially worked for four days a week while finishing his degree. Progressing to a full-time role after his studies is a significant milestone that demonstrates Christian's hard work, dedication, and value to the Hoffman Kelly team. We sat down with Christian [...]
As a small business owner, you know managing finances is crucial to the success of your business. However, when it comes to tax planning, it's easy to feel overwhelmed and unsure of where to start. With the end of the financial year fast approaching, don’t leave it too late to get on top of [...]
Construction industry businesses, this article is for you! Whether you're a master of residential or commercial projects, or specialise in plumbing, plastering or pool installations, don't miss out on these essential pointers. One of the biggest challenges you’ll encounter as a business owner is maintaining steady profitability. It may seem daunting, but there's a [...]
In 2021 Hoffman Kelly welcomed Abdul Kabbara into the team. We decided to sit down and learn a little bit more about his life outside of HK. If you could only watch one movie for the rest of your life, what would it be? Any movie starring Will Ferrell, but if I had to [...]
Are you an Australian employer providing non-cash benefits to your employees? Then you need to know all about Fringe Benefits Tax (FBT), the tax imposed on such benefits. The FBT year runs from April 1st and ends on March 31st. Employers who provide fringe benefits to any employee or associate must lodge an FBT [...]
Are you aware of the upcoming changes to the current Temporary Full Expensing regulations and what this means for your business? If not, here is everything you need to know! Navigating Australian tax laws and regulations can be tricky, especially when it feels like the rules are ever-changing. One of the more significant changes [...]
In 2023, small businesses have an opportunity to invest in their future and stay competitive in the digital economy with two government initiatives: Small Business Technology Investment Boost and Small Business Skills and Training Boost.The boost measures are not currently law, but draft legislation is being considered. Once passed through parliament, the programs will allow [...]
Business improvement strategies are essential for medium-sized private businesses to stay competitive and grow in today's ever-changing market. Given it’s the start of the year, there is no better time to review, develop and implement business improvement strategies. Here are some key strategies collated from our team of experts, that can help improve the [...]