Tag: Sutherland Shire Accountant

  • Have you nominated NGR Accounting as your Agent with the ATO?

    Have you nominated NGR Accounting as your Agent with the ATO?

    Hey guys, Nathan here. I want to take some time to guide you through an update from the Australian Taxation Office (ATO) that could impact your business – the Agent Nomination Process. So, Let’s Go!   1. What is nominating NGR Accounting as your Agent all about: The agent nomination process is a new requirement…

  • Setting SMART Financial Goals for Your Business in the New Year

    Setting SMART Financial Goals for Your Business in the New Year

    As we step into the new year, it’s the perfect time to set the stage for financial success. In our journey toward achieving business excellence, we’ve previously explored the importance of short term and long term strategic planning (https://ngraccounting.com.au/are-you-planning-short-term-or-for-the-long-term/) and the SMART criteria for goal-setting (https://ngraccounting.com.au/smart_planning/). Today, I’d like to delve deeper into your financial…

  • Unlocking Business Growth and Profit Potential Through Self-Improvement and Training

    Unlocking Business Growth and Profit Potential Through Self-Improvement and Training

    Hey guys, Nathan here. Let’s discuss how self-improvement, training, and coaching can turbocharge your business for bigger profits and growth. In today’s fast-changing business world, staying ahead is a must. We will look at where to get this crucial know-how and how it can supercharge your business and your profits. Where to go for your…

  • Mental Health Month: Financial Goal Setting for a Positive Mindset

    Mental Health Month: Financial Goal Setting for a Positive Mindset

    Hey guys, Nathan here, The Profit Generator. This month is all about Mental Health Awareness, and today, I want to talk about something that can truly transform your life: financial goal setting and its profound impact on your mental wellbeing. In a world where financial stress is all too common, taking control of your financial…

  • Franchise Freedom: 5 Ways It Boosts Your Business, and 5 Ways Your Accountant Guides You

    Franchise Freedom: 5 Ways It Boosts Your Business, and 5 Ways Your Accountant Guides You

    Hey guys, Nathan here. I want to dive into a topic that could be a game-changer for your business journey: Purchasing a Franchise. It’s an exciting venture that offers many benefits, but before you take the plunge, it’s crucial to consult your accountant. Let’s explore the 5 benefits of buying a franchise and the 5…

  • Launching a New Business? 8 Vital Reasons to Team Up with Your Accountant!

    Launching a New Business? 8 Vital Reasons to Team Up with Your Accountant!

    Hey guys, Nathan here. Starting a new business venture is an exciting and ambitious undertaking that requires careful planning and execution. One of the most crucial steps you can take to set yourself up for success is to engage with a seasoned accountant, especially one who, like the team at NGR Accounting, specialises in the…

  • Claiming Work from Home Expenses on Your 2022/2023 Income Tax Return

    Claiming Work from Home Expenses on Your 2022/2023 Income Tax Return

    Have you considered the new ATO requirements for recording your Work from Home hours? Did you know that there has been changes to the rates for Working from Home deductions? Hey guys, Nathan here, and as we start to get some enquiries to complete our client’s 2022/2023 Income Tax Returns, I thought I would revisit…

  • 5 Reasons to Consult your Accountant before Changing from Sole Trader to a Company

    5 Reasons to Consult your Accountant before Changing from Sole Trader to a Company

    Here are 5 reasons to talk with your accountant before considering the change. In the world of small to medium-sized businesses in Australia, there often comes a point where the decision to transition from being a sole trader to establishing a company structure needs to be considered. Hey, Kathryn here. I wanted to discuss one…

  • When should I talk to my accountant? When you’re Buying Big

    When should I talk to my accountant? When you’re Buying Big

    Hey guys, Nathan here… I thought I would take some time to discuss Capital Expenditure. As a business owner, I know that making decisions on capital expenses can be challenging. It is essential to consider these expenses carefully as they can have a significant impact on your business’s financial health. This is why it’s important…

  • What is PPSR? And Why is it Good for My Business

    What is PPSR? And Why is it Good for My Business

    Hey guys, Nathan here.   Recently, I was in a conversation with a Bookkeeper and a client, and we were discussing PPSR.   It’s important for me to stay up to date with the latest regulations and practices that can impact the financial health of a business. One these is such practice that can be…

  • Superannuation Guarantee Payments – What you need to know!

    Superannuation Guarantee Payments – What you need to know!

    Hey everyone, Kathryn here. I wanted to highlight the importance of making your Superannuation Guarantee payments on time, and even more importantly, in advance of their due date. The Superannuation Guarantee Charge (SGC) can be a costly penalty imposed by the Australian Taxation Office (ATO) on employers who fail to meet their superannuation obligations. That’s…

  • 5 Reasons to contact your Accountant: Marriage Breakdown

    5 Reasons to contact your Accountant: Marriage Breakdown

    Hey guys, Nathan here. I do want to talk about a rather sensitive topic, and as an Accountant I have seen first-hand that going through a marriage breakdown can be a difficult and emotional time. During this time, it is important to seek professional help to ensure that your financial affairs are in order. My…