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When it comes to making contributions to your Superannuation, many people get lost in the many rules and stipulations that come with the territory. Although it can be quite confusing, making [...]

When asked about their gross profit margin (GPM), most business owners have some idea of how many products or services they need to sell in order to come out ahead. However, very few can share [...]

Empire Accountants are pleased to introduce Jaxon from 1st Choice Fix for our client feature this month! After coming to Empire for individual taxation services for the past 5 years, Jaxon made [...]

The 2022-23 Federal Budget is a safe, ballot box friendly Budget as expected with a focus on cost of living, home ownership, and health. Key initiatives include: A 6 month, 50% reduction in fuel [...]

It’s time! Starting in mid-April, Single Touch Payroll (STP) Phase 2 will be rolling out to make it easier for Australian businesses to ensure they are reporting accurate information to the [...]

What do I Need to Know to Safely Withdraw Money From My Own Company? As a company director, it may seem like an open privilege to use your company’s card for personal expenses. After all, it is [...]

As you progress through this journey called ‘entrepreneurship’, you will find that each stage of the business comes with different challenges and concerns. At the start-up phase, you were simply [...]

In the last 10 years of being an Accountant, hands down, this system is the one that trips clients up constantly. If there was a matrix of PAYG Instalments, I think it would look a little like [...]

Let’s face it! Running a small business in this day and age is challenging. Hiring processes, taxes, payroll, and time tracking are just a few workflows business owners have to face. With [...]

There’s no doubt that having a business cash flow or budget can have a significant positive impact on your business. In fact, according to Be the Budget, “budgeting is important because it helps [...]