The $20 000 Instant Asset Write-Off 2025 – Your Complete Guide If you run a small business in Penrith or Western Sydney, there’s good news for your bottom line.The Federal Government has extended the $20 000 instant asset write-off until 30 June 2026, allowing eligible small businesses to immediately deduct the full cost of assets
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
The way Australian employers pay super is about to change forever.Starting 1 July 2026, superannuation contributions must be paid to employees’ funds at the same time as their wages — a new system known as Payday Super. If you own or manage a business in Western Sydney or Penrith, this reform directly affects how you
If your business uses the ATO’s Small Business Superannuation Clearing House (SBSCH) to pay employee super, big changes are coming. From 1 October 2025, the service will close to new registrations, and all users will need to switch to alternative platforms before 1 July 2026. Here’s what the closure means, how to prepare, and where
Bookkeeping isn’t just data entry—it underpins every decision you make in your business. Poor bookkeeping leads to missed deductions, cash flow problems and ATO penalties. Below are five common mistakes we see in small businesses and how to avoid them. Staying on top of your books will save you time, money and stress. 1. Mixing
Cash flow is the lifeblood of any business. Even profitable companies can run into trouble if money isn’t available when bills fall due. For small and medium enterprises (SMEs) in Penrith, the Blue Mountains and Western Sydney, managing cash flow is vital for stability and growth. Here are practical strategies, backed by guidance from the