Y Partners Blog

Five Accounting Tips for the New Year

Many people set personal health and fitness goals as new year's resolutions. However, many do not consider their businesses health and fitness goals. The beginning of the year is a great time to reflect on the past twelve months and prepare for the next. Here are 5 useful accounting tips to help get you and your businesses finances up-to-date and ready for the year. Read more…

Technology makes our lives easier in so many ways, so why not use it to improve your financial wellbeing? There's no doubt that the internet has revolutionised the way we live, work and play – with many of us now also doing our shopping, banking and even our socialising online. The web is also a rich source of financial information, and plenty of sites offer clever apps and tools that can make it easier to manage your finances.  Read more…

Are you a shareholder or associate of a private company? Does your company have a distributable surplus at the end of the income year? Do you borrow or use business assets for your personal use and enjoyment? If you answered yes to any of these questions, then the legislative provisions of Division 7A of the Income Tax Assessment Act 1936 could potentially affect you.  Read more…