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How Does A Business Valuation Work?
Understanding how a business valuation works is essential for anyone looking to buy, sell, or simply understand the value of their business. A business valuation is a comprehensive process determining a company’s economic value, providing a clear picture of its worth....
Claiming Immediate Deductions for Depreciating Assets: A Guide for Employees
When it comes to work-related expenses, the Australian Taxation Office (ATO) allows employees to claim immediate deductions for depreciating assets that cost $300 or less. While this rule is straightforward, four tests must be passed to qualify for an immediate...
Using Super For Medical Costs: Is It Worth It?
Over the past five years, more than 150,000 Australians have dipped into their retirement savings early to cover medical expenses, raising concerns about the financial impact this may have later on. While the Australian Tax Office’s (ATO) compassionate release of...
Strategic Planning Tips for Business Growth In The New Year
As the end of the calendar year approaches, it’s the perfect time to reflect on your business’s progress and set the stage for growth. Strategic planning is essential to ensure your business thrives in the coming year. 30 Whether you aim to expand your customer base,...