Blogs
That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
Blog
The ATO and the Anglia Van
f I saw an Anglia Van now, I would stop – WOW, an Anglia Van. You don’t see those anymore.
not lodging BAS
Ha – ha you can’t see me You think that if you don’t sign your BAS the ATO can’t see you or know you owe them a BAS and some money….
Drawings
"I have a tax debt. I haven’t been chased by the ATO yet, but I assume that will happen soon. Can you find out what's going on and help me create a plan?"
Where Did My Profit Go?
You see a $38,000 cash profit in your profit and loss account (P&L), but your bank account doesn’t reflect this.