Tax Return with Profit First Accounting

We will not be able to process your tax return until your myGov account shows that PAYG statements have been finalized. Please do not book until your employer has finalised yours and remember they have until July 31st to do this.

End of Financial Year Checklist

4 min read

Ensure a smooth end of the financial year with our comprehensive checklist. From stocktaking to superannuation, follow these steps to optimise your taxes and be...

Date: 07/11/2024

My Bookkeeper or Accountant Does Not Want to Use Profit First, What Can I Do?

4 min read

Have you asked your accountant about using Profit First, only to feel they’re giving you the runaround? If your accountant doesn’t use Profit First, you...

Date: 07/10/2024

Tough Financial Times, As Many Australian Businesses Find Themselves in Freefall

4 min read

Do you feel your business is suffering from bad cash flow? Are you waiting for money to come in to pay your invoices? Do you...

Date: 05/09/2024

Should You Set Up a Company, Trust, or Both? A Simple Guide

4 min read

Whether you are a partnership or a sole trader looking to incorporate yourself, starting a new business, or being made a shareholder in the current...

Date: 21/08/2024

Is the ATO Chasing You for Tax Debts? How can Profit First Help You?

4 min read

Many Australian small businesses are suffering from cash flow pressures; is your business one of them? The Profit First Tax Strategy can help. Thanks to...

Date: 08/08/2024

Profit First Strategy: Ready to Start Fresh This Financial Year?

4 min read

For most businesses, the lead-up to June 30 can be stressful. Rallying sales to help boost those end-of-year figures. Promising yourself that next year you...

Date: 15/07/2024

Personal Budgeting Tips – Profit First for Personal Finances

4 min read

Does the word “budgeting” scare you? Do you feel ‘shaken’ to your core? Perhaps your brain automatically changes the subject in your inner monologue when...