Is it better to buy or lease a company vehicle?

If you need a car to operate your business, you may wonder whether it makes more sense to purchase or lease. On the one hand, if your business owns the car you’ll have a long-term asset and may qualify for more tax deductions. On the other hand, buying a car is a huge expense and monthly lease payments tend to be lower than car loan payments; they may also be…  Read more

Five Ways to Manage a Healthy Cash Flow

We cannot stress the importance of properly managing your cash flow to ensure the smooth running of your business. Especially in times such as these (eg. the ongoing Coronavirus pandemic), this becomes more than a check-box task. Keeping a close and watchful eye on your cash becomes a necessity for the future of your business. Here are five things you can look at to manage your cash flow better. 1.Check…  Read more

Federal Budget 2020

Key Takeaways for Individuals & Businesses Last night, Treasurer Josh Frydenburg delivered this years long awaited Federal Budget. Typically presented early in the calendar year, the 2020 Budget was pushed back to October due to the Coronavirus Pandemic. There is a lot to unpack following last nights announcement, so we’re going to look at the key takeaways and see what they might mean for individuals and businesses. It’s important to…  Read more