One of the more confusing elements of our tax system is the PAYG instalment system. In this blog we set out to answer our most commonly asked questions in relation to the system.

I was recently asked to speak at a mortgage brokers conference about the top 5 trends that accountants are seeing in the property market.

There’s that old saying that no one likes to hear: Money won’t solve a money problem. We don’t like to hear it because it means we have to be accountable for the reasons there’s a shortage. Is it an inability to manage money? Is it an inability to earn enough? Understanding how to budget and manage your living expenses is an essential skill. WIthout this knowledge, a university degree or a great job will still not sustain your children as adults.

Adrienne owns a small architecture firm and spent the 2018-19 Christmas break reading Mike Michalowicz’s book, Profit First. She was so excited by the read and wanted to implement it in her business straight away. I was a little sceptical as being an accountant I know that being in business is about cashflow first. Curious, I decided to have a read. I wasn’t long into the book before I realised it’s about a methodology to manage cashflow. I settled in and enjoyed the read.

Up until the time I left home for university I played loads of sport and was rather skinny. From then until I was 25 I kept my slender figure, but was starting to feel the effects of spending too much time sitting at a desk in the form of neck and shoulder pain. From 25 to my early 30’s it was all down hill. I had put on a lot of weight, was in chronic pain and couldn’t even walk up a short steep hill without stopping for breath. Crunch time when my husband and I were watching Season 2 of The Biggest Loser. After watching this we made a conscious decision that we wanted to live a healthier life, so we booked ourselves in for a 7-day health retreat that changed our lives.

The super gender gap. The ‘glass ceiling’. No doubt you’ve heard of them – the media often reminds us of the fact women are not earning equal pay for equal work. It’s also a fact that women generally take more time off from full or part-time work to care for children or elderly parents. It all adds up to a financial future that’s anything but certain. As a result, we women need to be super savvy in how we handle our finances.