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Another question from the common questions file. Our short answer is: Repairs and Maintenance are generally defined as a cost that repairs or replaces an existing item. That means if you replace an appliance with another comparable appliance then it will generally be Repairs & Maintenance, even...

We Know You're Busy so Here's the Short Story Because This is Important We have noticed a marked increase in the ATO's audit activity of employer super obligations and some of our clients have been stung with excessive interest charges (we feel quite unfairly at times)....

There seems to be a general misconception around that tax deductions related to the costs of holding vacant land upon which to build a rental property have been removed. "Deductions for vacant land are still available if you buy vacant land with the intent to build a rental...

With over 100 years combined experience dealing with accounting, business, and tax our team here at Grow have seen many successful (and unfortunately many not so successful business sales). The following top 4 tips are what we have observed as being the difference between achieving...

We Know You Don’t Really Need Our Advice – but… This blog is summarised with this one simple request. Please call us as early as possible if you are considering buying a business. A quick no obligation chat might just end up saving you a lot of...

Happy New Year The real new year's day, 1 July, heralds a number of important changes for business. We know how difficult it can be to keep on top of priorities so we have summarised the key changes below for the 2020 tax year. Low and Middle...