Theresa

About Theresa Allery

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So far Theresa Allery has created 49 blog entries.

A Strong Strategy is the Heart of Your Successful Business

By |2022-09-08T17:00:37+10:00September 8th, 2022|Business, Companies|

Businesses that have clear objectives or goals, robust accountability and a shared sense of purpose should always outperform those that just show up and go through the motions. Strategy lies at the heart of most successful businesses. To achieve this you need to resource and execute with a clear purpose. Few businesses have a

Rental Property Second-Hand Depreciating Assets and Tax

By |2022-09-05T11:24:18+10:00September 5th, 2022|Business, News|

The ATO has recently released a reminder to tax payers on the tax deductibility of depreciation on second hand assets purchased for rental properties. Second-hand depreciating assets are depreciating assets that were already installed ready for use or used: by another entity (except as trading stock) in your private residence for a non-taxable purpose,

Cashflow and Cost Control

By |2022-08-18T13:05:36+10:00August 18th, 2022|Business, News|

More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Revenue, profit and your bottom line will all resume their importance when we’re back to “normal” (however that’s going to look), but keeping everything running is the priority for now. Regular cashflow forecasts will

The Value of Cashflow Forecasting for Your Business

By |2022-08-17T11:38:01+10:00August 17th, 2022|Business, News|

Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash position. Plus, when you have access to detailed

Business Tips: Using Forecasting to Help Your Decision-Making

By |2022-08-08T18:37:05+10:00August 8th, 2022|Business, News|

Producing regular management information is one way to help improve your business decision-making. But looking at historical numbers can only tell you so much. In business, you want to know what the future holds. And to make truly informed decisions about your future strategy, it’s important to use forecasting tools to project your data

ATO to Focus on Small Business Tax Returns for 2021-2022

By |2022-07-04T11:46:38+10:00July 4th, 2022|Business, News, Tax|

In a release last 21 June 2022, the ATO said it will be focusing on small business tax returns for 2021-22. In particular, the ATO is concerned about: deductions that are private in nature and not related to business income, as well as overclaiming of business expenses (especially for taxpayers running a home-based business);

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