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

By |2025-10-09T13:56:34+11:0009/10/2025|Categories: Blog, Business growth|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

Transitioning from builder to property developer

By |2025-10-10T11:18:26+11:0029/09/2025|Categories: Blog, Business growth, Trade & construction|Tags: , , , , , |

If you're a small builder looking to transition from Builder working on client projects to the more lucrative world of property development, particularly townhouse projects, then we are here to help. Let's explore crucial strategies for managing costs, navigating GST, and ensuring your business thrives, not just survives as you decide to transition to property development. While demand for townhouses remains steady, rising costs, complex regulations, and fierce competition for high-quality land continue to squeeze profit margins. Over the years many builders decide its time to make their own homes and enjoy the potential profits housing developments can bring. [...] READ MORE

Dumb ways to get a tax audit !

By |2024-02-19T13:52:37+11:0017/07/2023|Categories: Blog, Taxation|Tags: , , , |

A tax audit is often a result of business owners not doing something that's the norm. Doing dumb things that alert the ATO that some things are not quite right. It is becoming imperative that you prepare your GST records appropriately to avoid unnecessary scrutiny by the Taxation Office which may lead to a tax audit for your Bas. These include:  Failure to allow for car expenses for vehicles that are used partly for business purposes.  Claiming all the GST paid on the following expenses: (similar to last year )o car operating expenses, a log book must be [...] READ MORE

Gst at property settlement is a cashflow trap for those mum and dad developers.

By |2023-06-12T18:39:09+10:0012/06/2023|Categories: Blog, Taxation|Tags: , , |

GST at property settlement is a tax that needs to be deducted at settlement. It continues to catch out Mum and Dad developers walking the cashflow-type rope. Many are not aware that they will only have effectively 90% of the sale at settlement to play with. This can cause pain as interest rates bite and property prices decline in some areas. Since July 2018, you may need to pay GST at settlement if you are selling or buying new residential premises or potential residential land. How GST is paid for certain property transactions affects purchasers, suppliers, and their financiers. For [...] READ MORE

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