Resilience is the ability to bounce back from adversity or difficult situations. With the fast-paced and changing world we all live, play and work in – resilience is more important than ever. At the heart of the issue of our struggle to ask for help, is our desire to maintain […]

Asking for help is a sign of strength, not weakness. Please don’t hesitate to reach out to others when you need assistance or support. Do you struggle asking for help? At the heart of the issue of our struggle to ask for help, is our desire to maintain an image […]

Micro-managing can be harmful to your team’s productivity, creativity and morale, and it’s important to recognise whether you’re engaging in this behaviour so that you can address it.  Please answer the following questions honestly and with self-reflection:  1. Do you find yourself frequently checking in on your team members, even […]

Picture: Dionie Lippis, Senior Accountant, Collins SBA The Multicultural Council of Tasmania (MCOT) organises Women’s Networking Sessions at the Multicultural Hub in collaboration with community organisations across Tasmania. The theme for the next networking session is “Female Entrepreneurship” and Dionie Lippis, Senior Accountant at Collins SBA will join entrepreneurs Penny […]

Deductions are expenses that you can subtract from your taxable income to reduce the amount of tax owed. There are two (2) types of deductions – standard and itemised. Standard deductions are a flat amount that you can claim without itemising your deductions. Itemised are specific expenses to claim to […]

Business strategy, financial management and marketing and sales! You have started your business and you have successfully transitioned from an employee to a business owner. What are the key differences to think about during tax planning? The key differences between a business owner and an employee during tax planning:  Business […]

The end of financial year or EFOY is when our financial year comes to a close in Australia. This is the time to reconcile accounts, record transactions, close the books and calculate financial performance for the year. This information is used for tax purposes and for preparing financial statements that […]

We are absolutely convinced that collaboration and teamwork foster healthy work relationships based on trust, care and remarkable experiences. We share these experiences with our partners, friends, team and clients. Operation Shine is an internal campaign, with a goal of shining the light on others.  Last year, we asked for […]

We are absolutely convinced that collaboration and teamwork foster healthy work relationships based on trust, care and remarkable experiences. We share these experiences with our partners, friends, team and clients. Operation Shine is an internal campaign, with a goal of shining the light on others.  Last year, we asked for […]

In our experience, many business owners often feel guilty about spending money, unless the money is spent on growing the business. This could be a combination of fear of misallocating funds, personal financial concerns or moral and ethical considerations.  Please find 50 ways you could spend your tax savings this […]