Stop stressing about
cash flow and profit

Every Australian business registered for GST must lodge a Business Activity Statement (BAS) with the ATO — either monthly, quarterly, or annually depending on your turnover and reporting obligations.

Australian small businesses can claim deductions for expenses that are directly related to earning assessable income.

In Australia, you must register for GST if your business has a GST turnover (gross income minus GST) of $75,000 or more per year, or $150,000 for non-profit organisations.

Cash flow — not profit — is the number one reason Australian small businesses fail.

The instant asset write-off allows eligible Australian small businesses to immediately deduct the cost of new or second-hand assets in the income year they are first used or installed ready for use, rather than depreciating them over several years.

Mixing personal and business money is one of the most common compliance mistakes small business owners make — and one of the easiest to fix.

Most small businesses carry some form of debt — equipment finance, overdraft, credit cards, or an ATO liability from a slow BAS quarter.

Understanding whether your margins are healthy requires benchmarking against your industry.