Even the most well-meaning business owners can trigger an audit without realising it. From lifestyle mismatches to recordkeeping gaps, we unpack the key warning signs, and how proactive financial management can keep your business off the ATO’s radar and on the path to growth.

Doctors may earn high incomes, but without strategic financial planning, true wealth can remain out of reach. This guide explores how medical professionals can maximise their wealth through smart insurance choices, diversified investments, tailored business structures, and specialised financial services. Discover expert strategies to protect your income, grow your assets, and build long-term financial security with advice tailored specifically for doctors and healthcare profe

Why should you care about keeping your business finances separate from your personal ones? Let’s dive into why this is so important.

This guide goes beyond the basics to uncover often-overlooked tax-saving opportunities tailored to medical professionals like you.

Choosing between an individual or corporate trustee? Learn the key differences and why your decision matters for wealth protection.

The ATO enforces tax compliance through Director Penalty Notices (DPNs), but many directors only become aware of them when it’s too late.

Take control this tax season and uncover hidden opportunities to boost your refund. Learn practical tips to maximize your deductions now.

This guide explains what bucket companies are, why they’re beneficial, and how they work.

So you are considering setting up a Self Managed Super Fund (SMSF)? Sounds great! Today, we explain what is required to establish a SMSF...

Many business owners and medical professionals are missing out on this commercial property strategy to invest in high quality assets,...

Choosing the right property ownership structures is one of the most important decisions you will make at the time you purchase your...

As a business owner, it is crucial that you are not reliant on one source of income, whether it be from one specific client (customer...

As a business owner, you have a unique opportunity to build wealth and secure your financial future. However, with so many competing...

In prior articles we spoke about the advantages of running your business through a dual entity structure, specifically to protect your...

The Rich and Wealthy commonly hold their businesses in trusts to protect their privacy, defend their assets against creditors and to...

The rich don't risk their valuable business assets by owning them in the same company as their business operations. They use multiple...

Having your own business is great. Building one from scratch can be hard, which is why some business owners opt to buy an existing...

Many businesses are focused on optimising and running their enterprise. And rightly so. However, they often overlook easy opportunities...

Welcome back to Sapphire Bay’s insights series into Division 7A – shareholder loans. This is the second instalment of the Division 7A...

Are you a business owner? If so, you need to understand the Division 7A rules to make sure you do not inadvertently trigger the rules and...