Sky Accountants

Any hospitality business owner knows that one of the most important business considerations is – location, location, location.

The hospitality industry is currently enjoying an unprecedented high and it is important for business owners to sustain this growth by building a loyal market. Here are some strategies on how restaurateurs can make the biggest impact on their customers.

Because of the upcoming federal election, various policies are being implemented by both parties. Here are some law changes to consider. Find out if any of these changes can affect your business.

Apps and their users are getting smarter by the day. Technology revolutionises small businesses and improves the way they interact with customers and data.

Prime Minister Scott Morrison has recently pledged to raise the small business instant write-off from $20,000 to $25,000 and extend it until 30 June 2020.

Most successful businesses spend extra time record keeping and making sure they're getting their tax right. They prepare and lodge business activity statements and know that they can save time in the long run once these are properly set up and organised.

There is a widespread concern that small business lending will continue to tighten this year. Smaller operators are concerned about loans and raised scrutiny on mortgages because they use their homes as security.

While you may be very diligent when lodging your tax return, there is still something you can do to protect yourself from unexpected fees. Don't be vulnerable, consult with your tax accountant.

As a pub owner, it is best to consult your tax accountant about how to set up the most appropriate accounting and bookkeeping system for your business.

Did you know that you can claim deductions for some of the income-related expenses you incur in your business? To claim your business expenses, the money must have been spent for the business.