Did you know that around 50% of Australians make New Year’s Resolutions? Chances are you were one of them! Research suggests that only a small percentage of people (around 8% to 20%) are successful in achieving their resolutions or goals.

Here are 5 good reasons why your business needs GPP: Financial accuracy: GPP ensures that all financial records are accurate, minimising errors in bookkeeping and financial reporting.

In Australia, the Research and Development (R&D) Tax Incentive program is designed to encourage businesses to invest in innovation and technological advancements. This program provides financial support in the form of tax offsets, which can help reduce the cost of conducting eligible R&D activities.

Farmers in Australia can benefit from several tax concessions and strategies to reduce their tax burden. Here are some key tax tips that Australian farmers should consider:

EOFY can be a time of stress or of anxious anticipation. Will you score a decent enough tax return to help fund for your overseas holiday? Or will you plunge to the depths of despair upon receipt of an unexpected tax bill?

GPP can help you avoid some of these common tax mistakes, thus reducing your paracetamol bill.

1. Claim your tools

Did you know you can claim deductions for tools and equipment? Keep your receipts for purchases and repairs.

2. Deduct Vehicle Expenses