Latest News

Latest News2024-03-26T13:27:13+10:00

A Night to Remember: CEO Sleepout Event Raises Over $30,000

Last month, we got together in support of the Vinnies QLD CEO Sleepout and the fight against homelessness in Australia. We hosted our inaugural Hoffman Kelly Client Charity Dinner with the initial goal of raising $20,000. Little did I know what was to come – an evening that not only strengthened our bonds as a [...]

By |June 12th, 2024|Categories: General News|

Budget 2024-25

On 14 May the government handed down its annual budget.  Whilst often a time that many tax and superannuation change priorities are revealed and analysed, this year nearly all of the announcements are not tax related.   Our summary of measures is in the link below and we look forward to discussing anything relevant to your [...]

By |May 17th, 2024|Categories: Building & Construction, General News, Property|

Maximising Tax Efficiency: Essential Strategies Before June 30th

It’s tax time… well, pre-tax time! In the lead-up to the EOFY, tax planning becomes an even more important tool to understand and effectively minimise your tax obligations for the current financial year. This goes for us as advisors and you as taxpayers. As we approach the 30th of June 2024, there are strategies you [...]

By |May 17th, 2024|Categories: Business Management, Financial Planning|

Cash Flow Forecasting: Benefits and Best Practices

As a small business owner, you know that keeping tabs on your financial health is key to success. While profits are important, understanding your cash flow is equally crucial. But what exactly is cash flow forecasting, and how can it benefit your business? What is Cash Flow Forecasting Before we dive into forecasting, let’s look [...]

By |April 18th, 2024|Categories: Business Management, Financial Planning|

Becoming a Budget Master

Budgeting stands as the cornerstone of financial management for businesses of all sizes. In essence, budgeting isn't just about crunching numbers; it's about understanding your business' financial pulse, setting achievable targets, and steering your enterprise towards success. Let's delve into the realm of budgeting and unpack the fundamentals that need to be considered for an [...]

By |March 28th, 2024|Categories: Business Management, Financial Planning|

Navigating Fringe Benefits Tax: What Small Business Owners Need to Know

As a small business owner, you're juggling multiple responsibilities, from managing operations to keeping an eye on finances. However, one thing you shouldn’t let fall to the wayside when it comes to your finances is Fringe Benefits Tax (FBT).  With the FBT year coming to an end on March 31st, understanding and managing your FBT [...]

By |March 26th, 2024|Categories: Business Management, Financial Planning, Tax Saving|

Stage 3 Income Tax Changes: Implications for the Medical Profession

In recent months, Australia’s government has shifted away from the long-promised Stage 3 tax reforms, originally legislated to mostly benefit high-income earners, to changes which instead benefit workers at lower income levels. These shifts have ignited discussions across various sectors.  While sitting in a hospital waiting room for what seemed like an age, I contemplated [...]

By |February 21st, 2024|Categories: Financial Planning, Tax Saving|

Unlocking Profitability & Margins: A Fundamental Guide for Business Owners

Having a solid understanding of profitability and margins is the bread and butter of any successful business. These financial metrics serve as vital signposts, guiding business owners toward informed decisions that can bolster their bottom line and ensure long-term success. So, let's explore the fundamentals of profitability and margins, and unpack actionable strategies to boost [...]

By |February 13th, 2024|Categories: Business Management, Financial Planning, Tax Saving|
Go to Top