Culture – Importance of a positive workplace

I’ve worked in several workplaces in my life. Some with a great culture and some not so great.  Culture is the values, belief systems, attitudes and the set of assumptions that people in a workplace share. In my experience, a positive workplace culture improves teamwork, raises the morale, increases productivity and efficiency, and enhances retention […] Read More

Carry-forward superannuation contributions

The 2019-20 financial year is the first year you may be able to contribute “unused” concessional contributions from a prior year. Any unused concessional contributions (annual limit currently $25,000) from the 2018/19 financial year and onwards can be used on a rolling basis for up to 5 years!  Any amount not used after 5 years […] Read More

Exciting enhancements for MYOB Essentials!

MYOB have recently announced that they will be rolling out some changes to its MYOB Essentials software product. Don’t worry, MYOB Essentials isn’t changing completely, it will still have its core simplicity and features that we know and love, it is just a few tweaks here and there to make Essentials even better! The enhancements […] Read More

Xero + Hubdoc = less work, more play…

I am sure a lot of you reading this would have never heard the word ‘Hubdoc’ before and in turn are not sure how it will make for ‘less work, more play’… So, here is a little overview to explain what it is, why we are talking about it and how it will integrate with […] Read More

New Year New Goals

With another year behind us and a new one just beginning we all start the year in anticipation of it being a great year. Some of us will make New Year’s resolutions such as: – grow my business, lose weight, spend more time with the family, work less and or make more money. (Some resolutions […] Read More

Becoming a Better Investor

As you are probably aware many of us at Green Taylor Partners enjoy the philosophy of Scott Phillips, Chief Investment Officer of The Motley Fool.  Scott can be read or heard regularly in Nine/Fairfax press, Money magazine, Weekend Sunrise on Channel 7 or on the Triple M – Motley Fool podcasts (which I highly recommend). […] Read More

Concessions and assistance for First Home Buyers

Concessions and assistance for First Home Buyers – and the New Home Loan Deposit Scheme is now in place with starting date 1/1/2020! In Victoria – there are concessions both in Stamp Duty costs plus a Grant for First Home Buyers – (tax free) – A $20,000 First Home Owner Grant is available to applicants […] Read More

The Hedgehog Concept

Keeping with my theme of blogs; Fish, Eat the Frog, Sacred Cows, and Mice in Who Moved My Cheese, I thought it appropriate to discuss the “The Hedgehog Concept”. For those of you that have read “Good to Great’ written by Jim Collins, you will be aware of this concept. It refers to the tale […] Read More

Are you ready for the Single Touch Payroll deadline?

For small businesses with 19 or fewer employees, Single Touch Payroll (or STP) became a requirement from 1 July 2019, with a three-month transition period granted to get STP up and running. Larger businesses with 20 or more employees were required to start from 1 July 2018. The three-month transition period for small businesses is […] Read More

Rental Property Investors & The Tax Man

You may have read in the financial pages of your weekend newspaper recently with the ATO confirming rental property investors will be firmly in their sights when submitting their 2019 tax returns. Based on recently performed random sampling the ATO has found 9 out of 10 income tax returns contain errors relating to non-compliance with […] Read More