Welcome to Issue 11 of Hello Tax Talk.
In today’s rapidly changing environment, business owners must stay informed to navigate challenges and seize opportunities. This edition of Hello Tax Talk brings you critical insights to help you adapt to new tax regulations, optimise cash flow, and strengthen your business for the future.
One of the standout topics this week is the upcoming removal of ATO interest charge deductions. This significant tax change will impact how businesses manage overdue debts, highlighting the importance of proactive planning and cash flow management. By understanding and preparing for these changes now, you can minimise financial strain and keep your business on track
Here’s what you’ll find inside this week’s newsletter:
🌏 What’s Happening in the Aussie Economy:
The impact of new global tariffs on Australian businesses, from rising costs to disrupted supply chain
💼 Tax Tips: Say Goodbye to ATO Interest Deductions
From July 2025, ATO interest charges like General Interest Charges (GIC) and Shortfall Interest Charges (SIC) will no longer be tax-deductible. This change will make carrying overdue tax debts more costly for businesses. We break down what this means for SMEs and share actionable steps to prepare for this significant policy shift.
📚 The Ledger Lowdown: The Importance of Tracking Receivables and Payables
Keeping a close eye on your incoming and outgoing payments is vital for cash flow management. In this section, we highlight why tracking receivables and payables can safeguard your business from financial hiccups and help you stay on top of your game.
🚀 The Business Boost: How to Optimise Your Business – Nurture Your Team
Your employees are your most valuable asset. We explore five practical ways to improve employee experience, from fostering professional growth to prioritising wellbeing, and how this can positively impact your business success.
📊 Super Strategies: Super Co-Contribution – Are You Missing Out? 🎯
Could the government give your super savings a boost? If you’re a low- or middle-income earner, or have family members who qualify, you might be eligible for up to $500 in co-contributions. Learn how to take advantage of this program to grow your retirement savings.
Stay Updated with Hello Tax Talk
From important tax updates to actionable business strategies, this issue is packed with insights to help you stay informed and empowered. Whether it’s navigating changes to tax rules, managing cash flow, or optimising your team, Hello Tax Talk is your go-to resource for staying ahead.
Read the Full Issue: Click here to read this edition on LinkedIn.
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Closing Note:
With changes on the horizon, staying proactive is the key to success. Dive into this edition, apply the strategies, and share your thoughts with us. Let’s grow together!
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