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Find useful tips, updates and guides to help you run and grow a better business and get the best tax and financial outcomes.

5 cashflow management tips to improve your business cashflow

Adam Abela, CEO of Float Accounting, gives 5 cashflow management tips you can implement to improve your business’ cash flow straight away. [00:00:00] Let’s talk about 5 easy cashflow management tips that we can implement that hopefully have a positive effect on your business straight away. Hi everybody. Yes, I know; cashflow management discussions are …

death taxes australia

Death tax Australia is our topic for today, and how this affects when you should take out your super. Like most people, you may want to keep as much money in your superannuation account for as long as possible, as the longer your superannuation has a chance to stay within your account, the better the …

claiming covid related work expenses on your individual tax return 2022

People across different industries may have various items for work that they can claim a deduction on their tax returns for. Still, this season may see a few common occurrences across individual tax returns for 2022. On your individual tax return this year, you may notice a few expenses pertaining to COVID-19-related purchases, such as …

succession planning

Succession planning can seem daunting, but there are things you can do to make the process much easier. If you want to pass your family business onto the next generation, there are a few things you need to think about. The first is finding someone in the family who is willing and able to take …

company vs sole trader

Sole trader vs company – “which is better?” you might ask. Adrian our Principal Accountant discusses 4 reasons why company structures are better than sole traders. If you’re operating a sole trader business, consider the advantages of a company/trust structure covered in this video. Here are the 4 reasons why a company structure is better …

business systemisation

Are you looking for ways to systemise your business? If so, you’re in luck! These three apps are guaranteed to help you take your business systemisation and process automation to the next level. In this video, Dan our CTO discusses three of the best business systemisation apps available. These apps can help you organise your …

process documentation

In this video, Adam Abela, CEO of Float Accounting, discusses how to build processes and create process documentation in your business. Transcript “Hi everybody first video of 2022, well at least my first video of 2022, and as we spoke about in our introductory videos we’ll be delivering a lot more content this year, particularly …

ADRIAN MONARCA We hope you and your family have been keeping as well as possible during this Extended Lockdown in August. As of last week, we now have more complete information around the current grants and payments available to 1) Eligible Businesses or 2) Eligible Workers Once again, we thought we would provide a summary of the different kinds …

ADRIAN MONARCA We hope you and your family were keeping well during the Extended Lockdown last month. Please note the below information pertains to the JULY 2021 Victorian lockdown and NOT the current AUGUST 2021 Victorian lockdown that came into effect on 5 August 2021. This DOES NOT mean the below information is no longer …

If you’re not leveraging cloud-based apps in your business already, you should be. Using cloud apps gives you the ability to access enterprise-grade software to boost efficiency and productivity that large organisations used to have to pay a fortune for to implement on their own servers and on local computers. These days cloud app companies, …