QBCC Disallowed Assets: The Balance-Sheet Items That Do Not Count
Your balance sheet says you are worth plenty. QBCC disagrees. The difference is usually disallowed assets – items that count in your accounts but not in your Net Tangible Assets calculation. Knowing the list before reporting season saves expensive surprises. The usual suspects Goodwill and intangibles. Brand value, customer lists, formation expenses, capitalised borrowing costs […]
Net Tangible Assets Explained: How the QBCC NTA Test Really Works
Net Tangible Assets (NTA) is the number your entire QBCC licence rests on. Drop below your category’s minimum and you are over-leveraged in QBCC’s eyes – which can trigger licence conditions, demands for an MFR report, or worse. Yet most licensees could not tell you their NTA today. Here is how it works. The basic […]
Director’s Loans: The Quiet Problem That Catches Business Owners Out
If you run money through your own company, there’s a good chance you’ve got one — even if nobody’s ever called it that. Here’s a situation we see all the time. You own a company. Over the years, you’ve paid the odd personal bill out of the business account, taken some cash when it was […]
Payday Super Starts 1 July 2026: What Gold Coast Employers Need to Do
From 1 July 2026, the way every Australian business pays superannuation changes. From 1 July 2026 “Payday super” requires business employers to pay their employees (and some contractors) superannuation within 7 days of paying them. What is payday super? Until now, you can pay employee super quarterly – up to 28 days after the end […]
What you need to do if your company is insolvent
As a director of an Australian company, it is your responsibility to ensure that the company remains solvent and can meet its financial obligations. Insolvent trading happens when a company incurs a debt while it is insolvent or becomes insolvent by incurring that debt. Insolvency happens when a company is unable to pay its debts […]
A Key to Navigating a Potential Downturn – Planning your cashflow
A cash flow forecast is a critical tool that helps our businesses plan for their future financial stability and navigate economic downturns. It provides a comprehensive view of the inflows and outflows of cash and identifies patterns to help make informed decisions about spending, savings, and investments. Here are some ways preparing a cash flow […]
5 Trading Account Tips
Trading Accounts can be complicated to look at, but having insider tricks can make it work for you. Traders using trading accounts to hold financial assets such as stocks, bonds, foreign exchange, and other investment vehicles need to know these top 5 trading account tips to make the most of a Trading Account. Definition of […]
7 Ways to Grow Your Business
Business growth should always be at the forefront of the minds of business owners. However, it can become unclear sometimes just how to achieve that growth. This article seeks to clarify some ways that you can increase the value and size of your business. 1. Increase client retention rate Most business owners are already aware […]
Why running a sustainable business improves revenue
Consumers and investors are driving increasing demand for sustainability in the market in response to climate change. Investors are doing so by increasingly seeking accountability and transparency from the businesses they support. As we find new ways to do better business in a sustainability focused environment, now is the time to push for investment in […]
Everything you need to know about annual leave
Holidays are an important part of the working world; if no one ever took holidays, we probably wouldn’t live to an average age of 85. Making sure your employees get breaks is important, and so is understanding leave entitlements. This article explains when and why annual leave needs to be paid. What is annual leave? […]
