Practical accounting, tax and business advisory insights for Melbourne, Sydney and Gold Coast owners – SMSF, BAS, compliance and growth strategies.

Do you have personality to run a caravan park or motel – lessons from Basil

By |2025-12-04T07:16:45+11:0004/12/2025|Categories: Accounting & Business Insights, Business Growth & Scaling, Caravan Park & Motel Accounting Services|Tags: , , |

Running a caravan park or motel business in Australia should be a dream business to own. Enjoying sunshine, friendly travellers, outback sunsets, and a lifestyle many people envy. Is it for you, and do you have the personality to deal with customers, good and bad? Those who have ever owned or managed a small accommodation business know the reality can be a lot more Fawlty Towers than a four-star resort. Whether you're considering buying a caravan park, thinking about running a motel, or you're already juggling late check-ins and maintenance emergencies, here's how to build the right attributes—without turning into [...] READ MORE

Managing a Deceased Estate Tax Return and affairs

By |2025-12-13T06:28:41+11:0001/12/2025|Categories: Accounting & Business Insights, Estate Planning, Taxation & Tax Advice|Tags: , , |

Lodging a final Deceased Estate Tax Return is one of the essential things to do when managing someone's final affairs. Dealing with the loss of a loved one is a deeply emotional and challenging time. Beyond grief and sorrow, there are often numerous administrative tasks to navigate. One of these tasks is managing the deceased person's tax return. It can seem daunting, especially if you're unfamiliar with the tax system. However, understanding the process can make it less overwhelming. We, as Accountants who specialise in this area, can help.In the Australian context, the taxation obligations of a deceased person don't [...] READ MORE

December 2025 Newsletter

By |2025-12-01T18:54:32+11:0001/12/2025|Categories: Accounting & Business Insights, Capital Gains Tax (CGT), CGT concessions, Estate Planning, News & Updates, SMSF (Self-Managed Super Fund), Superannuation|Tags: , , , , , , , |

Enjoy this month’s December Newsletter featuring articles on these topics:     Planning a festive break at a holiday home owned by your SMSF? Who can make a claim against a deceased estate Avoiding an ATO audit Can the cost of clothing be tax deductible? The 50% CGT discount and complex eligibility rules Could you be missing out on thousands in lost super?     Click here to download our December Newsletter     Contact us on 03 9597 9966 if you have any questions relating to matters raised in any of our Client Newsletters.  

The Emotional Weight of Selling Your Business: Why Letting Go Takes Time

By |2025-12-22T23:19:01+11:0019/11/2025|Categories: Accounting & Business Insights, Exit plan, Exit Planning, Growth Tools for Small Business|Tags: , , , |

The selling your business for many is an emotional time. As the business owner, the idea of selling your business isn’t just a strategic move — it’s a deeply emotional journey. A business sale is rarely just a commercial transaction. Your business is often a reflection of its owner. It’s the many years of sacrifice, late nights, financial risk, personal growth, and countless decisions that shaped who the owner is today. When the moment comes to sell your business, the process can feel overwhelming, confusing, and sometimes paralysing. Often the emotional barriers are often one of the biggest reasons [...] READ MORE

Find the Right Tax Accountant in Melbourne: Why Gartly Advisory is Trusted for Personal and Business Tax Returns

By |2025-12-09T23:31:52+11:0013/11/2025|Categories: Accounting & Business Insights, small business, Taxation & Tax Advice|Tags: , , |

Chartered Accountants can make a difference when it comes to managing your finances, finding a good tax accountant in Melbourne At Gartly Advisory, we understand that every client’s tax situation is unique. Our experienced team of tax accountants in Melbourne provide tailored advice, ensuring that you not only meet your tax obligations but also maximise your financial potential. Whether you need a personal tax accountant in Melbourne or help with complex business tax returns, we’re here to make tax time stress-free and efficient. Why Choose Gartly Advisory as Your Melbourne Tax Accountant Hiring a Melbourne tax accountant isn’t just [...] READ MORE

Payday Super and small business superannuation

By |2025-11-11T17:34:48+11:0011/11/2025|Categories: Accounting & Business Insights, small business, Superannuation|Tags: , , |

Payday Super Explained for Small Business Employers Payday Super is here and is enshrined in Legislation. For many small businesses, it will result in additional workload to meet ongoing obligations. For example, if you run a busy takeaway, you already know payroll can be one of the trickiest parts of the job as the business owner. But there’s a big change on the horizon that every small business needs to understand: Payday Super. Starting soon, on 1st July 2026, employers will need to pay superannuation at the same time as wages, not quarterly; it could be weekly if that [...] READ MORE

November 2025 Newsletter

By |2025-11-05T13:42:52+11:0005/11/2025|Categories: Accounting & Business Insights, Capital Gains Tax (CGT), small business, Superannuation, Taxation & Tax Advice|Tags: , , , , , , |

Our November Newsletter features articles on the below topics:   Christmas and tax – for business owners Reducing your tax bill while topping up your super Division 296 tax revisited – for super balances over $3 million Home equity access scheme (HEAS) - for older Australians Renting your holiday home - key tax rules Using your home to produce income     Click here to download our November Newsletter   Contact us on 03 9597 9966 if you have any questions relating to matters raised in any of our Client Newsletters.

Strategic small business growth.

By |2025-12-12T16:22:13+11:0002/11/2025|Categories: Accounting & Business Insights, Business Growth & Scaling|

Growing Your Business: Understanding What People Really Want The Lessons of Masters and Bunnings Growing a business is more than just opening your doors and hoping customers will come. It’s a strategic process built around understanding what people actually want — and delivering it better than anyone else. It’s been over a decade since Masters Home Improvement shut its doors for good. When Woolworths launched Masters, it set out to challenge Bunnings Warehouse, the undisputed king of hardware in Australia. It was a bold move: take on an entrenched competitor, dominate the DIY and trade market, and become a [...] READ MORE

Selling your caravan park

By |2025-11-01T16:52:23+11:0001/11/2025|Categories: Accounting & Business Insights, Exit Planning|Tags: , , |

Selling Your Caravan Park needs a robust exit plan that begins now! Selling your caravan park is one of the biggest decisions you’ll make in your business journey. After years of welcoming travellers, maintaining sites, and watching countless red sunsets, it’s time to begin a new chapter. Whether you’ve run a family-owned caravan park for decades or recently taken over management, caravan park exit planning should be part of your long-term strategy. This process isn’t just about numbers on a page — it’s about legacy, emotion, and opportunity. Selling your caravan park gives you the chance to unlock the capital [...] READ MORE

Managing Family business Disputes

By |2025-11-01T16:22:29+11:0001/11/2025|Categories: Accounting & Business Insights, Exit Planning|Tags: , , |

Family business disputes can lead to a premature exit by a key player. If the dispute is not resolved quickly and effectively, it may lead to a breakdown in communication and a loss of trust among family members. The result is that one or more family members leave the business or sell their shares, potentially leading to a significant change in the ownership structure and management. Ultimately, a change of direction, passion, and in some cases, family members hold long-term personal grudges toward each other. Ultimately, the decision to exit a business due to a family dispute will depend on [...] READ MORE

Ai in Cafe and coffee shops in melbourne

By |2025-12-12T16:29:33+11:0020/10/2025|Categories: Accounting & Business Insights|Tags: , , , , , |

How will AI in cafes change my business? Ai in a cafe is here. Running a café is more than just serving coffee — it’s about crafting experiences, creating community, and making moments that keep customers coming back. But in today’s fast-changing world, staying competitive means embracing new technology. Ultimately, the local coffee shop, like every other business, aims to improve the customer experience. AI has begun to change the way we all do business. Embrace it and see where it can assist in both productivity and innovation. One of the biggest innovations reshaping the hospitality landscape is Artificial Intelligence [...] READ MORE

Accountant help – why we are an investment

By |2025-10-10T15:27:52+11:0010/10/2025|Categories: Accounting & Business Insights, Business Growth & Scaling, small business|Tags: , |

Is my Accountant help a Cost or an Investment to My Small Business? Your accountant could be one of your best investments when it comes to business advice. Advice such as sales, business growth, and exit planning? While the perception is that Accountants are just there for tax and compliance at Gartly Advisory, we are so much more . As your small business accountant, we passionately help our clients with advice on many aspects of their business.The Common Perception: Accountants is a Cost that needs to be incurred, but not much valueMany business owners see accountants as a necessary compliance [...] READ MORE

GST and Small Business Exporting: What Small Manufacturers Need to Know

By |2025-10-09T13:56:34+11:0009/10/2025|Categories: Accounting & Business Insights, Business Growth & Scaling|Tags: , , |

Expand your small business exporting sales . If you’re a small manufacturer looking to grow beyond Australia, exporting overseas can open up a world of opportunity. But before you start filling overseas orders, it’s worth getting clear on one important thing — how GST works when you export. The Good News — Exports Are Usually GST-Free When you, as a small business exporter and developing a small business exporting sales strategy, these export goods out of Australia, are generally GST-free. That means you don’t charge GST to your overseas customers when you make the sale, as long as the [...] READ MORE

October 2025 Newsletter

By |2025-10-06T18:56:32+11:0006/10/2025|Categories: Accounting & Business Insights, Capital Gains Tax (CGT), Estate Planning, SMSF (Self-Managed Super Fund), Superannuation, Taxation & Tax Advice|Tags: , , , , , , , , |

This month, we bring you a selection of timely and practical articles covering key updates in tax and superannuation – all designed to keep you informed, confident, and in control of your finances.   In this edition:     Protecting your super from scams – with over $4 trillion in superannuation, it’s no wonder scammers see it as a target. ASIC has warned Australians to stay vigilant amid rising pushy sales tactics and false promises aimed at persuading people into risky super fund switches. Since your super is one of your most significant investments, we outline key steps to help safeguard [...] READ MORE

Transitioning from builder to property developer

By |2026-01-13T11:06:35+11:0029/09/2025|Categories: Accounting & Business Insights, Business Growth & Scaling, Trade & Construction|Tags: , , , , , |

If you’re a small builder ready to move beyond client projects and step into the more profitable world of property development, particularly townhouse developments, we’re here to help guide that transition. Property development is not just construction — it’s a business that demands careful planning, strong financial management, and a clear understanding of risk. In this guide, we explore essential strategies for cost control, GST management, and building a development business that doesn’t just survive, but thrives. While demand for townhouses remains strong, rising construction costs, complex regulations, and fierce competition for quality land continue to place pressure on [...] READ MORE

Putting Your Home in a Trust

By |2025-09-14T09:24:36+10:0014/09/2025|Categories: Accounting & Business Insights, Business & Family Dispute Management, Capital Gains Tax (CGT), Taxation & Tax Advice|Tags: , |

 One asset protection strategy that is often considered is putting your home in a trust.  While this may offer some asset protection benefits, it also comes with significant tax consequences, particularly the loss of the Capital Gains Tax (CGT) principal residence exemption. Before you transfer your most valuable asset into a legal structure such as a company or trust, here’s what you need to know about how family trusts work, when they do and don’t protect your home, and why CGT issues can often outweigh the protection benefits.  What Is a Family Trust and How Does It Offer Asset Protection? [...] READ MORE

September 2025 Newsletter

By |2025-10-05T23:58:38+11:0002/09/2025|Categories: Accounting & Business Insights, Capital Gains Tax (CGT), Estate Planning, Superannuation, Taxation & Tax Advice|Tags: , , , , , , , , |

  Here’s what’s inside our September newsletter:   Economic roundtable wash up – We break down last month’s economic and productivity roundtable outcomes, with the government firmly in control of what tax policy measures might or might not be introduced down the track. Exceeding your super contribution caps – Super is a great tool for retirement savings, but annual contribution limits apply. We explain what to do if you go over the cap and how to navigate the rules effectively. CGT and off the plan purchases – Buying property off the plan? There are important CGT implications you need [...] READ MORE

How to buy a Franchise?

By |2026-01-24T13:39:20+11:0031/08/2025|Categories: Accounting & Business Insights, Business Growth & Scaling, Franchise Advice, small business, Small Business Accounting Services|

We are often asked - how to buy a franchise business . If you are thinking about buying a franchise then lets out line what to look for? Before you get to enthused over that shiny logo or start dreaming of matching polos with your name embroidered on them, hit pause button and ask the most important question of all: Why do I want to buy a franchise?Take a moment to ask what attracts you to buying a franchise and what will it bring to me as a business owner? Owning a franchise isn’t for everyone—and it certainly isn’t a [...] READ MORE

August 2025 Newsletter

By |2025-10-06T00:04:20+11:0007/08/2025|Categories: Accounting & Business Insights, Capital Gains Tax (CGT), News & Updates, small business, SMSF (Self-Managed Super Fund), Superannuation, Taxation & Tax Advice|Tags: , , , , , , , , |

    What’s inside our August Newsletter?     Unlocking savings: Your guide to Government concession cards Some CGT consequences of divorce and relationship breakdown The great wealth transfer: Are you ready? Self managed super funds: A suitable path to retirement control? What to expect from tax reform Tax deductibility of clothing     Click here to download our August Newsletter     Contact us on 03 9597 9966 if you have any questions relating to matters raised in any of our Client Newsletters.

Tuning Your Small Business Strategy to be like an F1 Machine

By |2025-09-08T10:17:30+10:0002/07/2025|Categories: Accounting & Business Insights, Business Growth & Scaling|Tags: , , , , |

Your small business strategy should be - Ready, Set, grow: Start the New Financial Year Like a Pro! July 1 isn't just the start of a new financial year — it’s your fresh start, your green light, your moment on the grid. This is your chance to shake off last year’s engine rattle and tune your business into a lean, mean, revenue-generating machine. Think of yourself as the team principal of your very own Formula 1 outfit. (Or better yet, Brad Pitt in that upcoming F1 movie — calm under pressure, stylish, and slightly dangerous) Here are 5 turbocharged [...] READ MORE

July 2025 Newsletter

By |2025-10-06T00:10:05+11:0001/07/2025|Categories: Accounting & Business Insights, Business Growth & Scaling, small business, SMSF (Self-Managed Super Fund), Superannuation, Taxation & Tax Advice|Tags: , , , , |

As we start the New Financial Year, here's a few things you will find helpful.   What’s inside the July edition?    Working from home and occupancy costs Super guarantee increase to 12% New super facts and figures from 1 July 2025 Age pension means test changes – what they mean for you Changes to deductibility of interest on ATO debts Selling shares? Beware of all the CGT rules.     Click here to download our July Newsletter     Contact us on 03 9597 9966 if you have any questions relating to matters raised in any of our Client [...] READ MORE

Don’t let Trump’s tariffs ruin your business

By |2025-06-05T09:17:07+10:0004/06/2025|Categories: Accounting & Business Insights, News & Updates, small business|

Trumps Tarriffs are making big waves in 2025 Just when you thought 2025 couldn’t get any weirder—Donald Trump is back in the White House. Again. Armed with a fresh spray tan and a tariff plan almost as big as his ego he's dropped the economic equivalent of a brick into the global swimming pool. And while the cannonball was aimed at China, the splash could hit your Aussie small business just as we already have high interest rates and high living costs. So, should you panic? Maybe just a little but be strategic You should get smart, review your numbers, [...] READ MORE

Ormond Small Business

By |2025-06-04T06:05:42+10:0004/06/2025|Categories: Accounting & Business Insights, Business Growth & Scaling|

Ormond Small business is the hub of our town, nestled just 12 kilometers southeast of Melbourne's CBD, Ormond is a vibrant suburb that seamlessly blends residential charm with a thriving Ormond small business community. With its rich history, diverse enterprises, and strong community spirit, Ormond offers a unique landscape for small business and locals alike. A Snapshot of Ormond Situated within the City of Glen Eira, Ormond is home to approximately 8,328 residents. The suburb boasts a mix of architectural styles, from Victorian and Edwardian homes to modern developments, reflecting its evolution over time. Key amenities include the Ormond railway [...] READ MORE

June 2025 Newsletter

By |2025-10-06T00:16:04+11:0002/06/2025|Categories: Accounting & Business Insights|Tags: , , , , , , , , |

In this edition, we’ve pulled together some key updates and practical tips to help you stay ahead with your tax and super planning as we head towards 30th June and beyond.   1. Get on the front foot for your 2024-25 tax return We take a closer look at some common deductions that the ATO often keeps a close eye on, like working from home costs and using your own car for work. Our tips will help you get your claims right and avoid unwanted surprises.   2. Proposed Division 296 tax: Key issues and implications There’s been a [...] READ MORE

Divorce and my business :Protecting Your Small Business During Divorce

By |2025-09-26T17:03:05+10:0025/05/2025|Categories: Accounting & Business Insights, Business & Family Dispute Management, Estate Planning, Exit Planning|Tags: , , |

Divorce and my business are the number one questions that we often get asked. What happens, and how can we manage the damage when going through a divorce? We are here to help, as divorce can be hard, emotional and full of financial traps. When your ex-partner is also tied into your small business, the financial and emotional toll can be overwhelming. At Gartly Advisory, we understand that the end of a relationship isn’t just personal—it’s business. And it's where you may have questions on how divorce and my business will end up. Whether your partner was a co-owner, silent [...] READ MORE

Go to Top