A quiet but costly change is coming for Australian businesses.From 1 July 2025, interest charges you owe to the ATO on outstanding tax debts will no longer be tax-deductible. Until now, many businesses have treated ATO interest as a normal expense — a painful but claimable cost. The new rule removes that deduction entirely, meaning
Introduction The rise of digital payments is reshaping the way businesses operate. While cash is still used by some, more consumers are opting for digital payment methods, including mobile wallets, contactless payments, and buy-now-pay-later services. For small businesses in Penrith, adapting to these changing payment preferences is crucial for staying competitive and providing a seamless
Introduction The term ‘date-night economics’ is gaining traction as consumer spending behaviours shift post-pandemic. While Aussies are prioritising experiences like dining out, entertainment, and leisure activities, this shift has brought new challenges for small businesses, particularly in the hospitality and retail sectors. For businesses in Penrith, understanding these spending trends can be a game-changer. Here’s
Introduction Investing is a strategic approach to growing one’s wealth, and Penrith, NSW, presents an array of local investment opportunities. This article explores these opportunities and sheds light on how a chartered accountant can guide investors towards making informed decisions. Understanding Investments in Penrith Penrith is a thriving region with a burgeoning economy. Its