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Recruitment in 2024: How Leaders will Attract Talented Employees

Recruitment in 2024: How Leaders will Attract Talented Employees

by Canning Tax & Advisory | 20 Dec 2023 | Business Operations, Business Planning, Team Developement

Recruiting employees is challenging for many businesses. Leaders need talented and loyal teams… So how are they responding to the changing recruitment landscape? Here are some recent trends.  1. Virtual Recruiting Virtual recruiting has taken hold. It was once...
Engaging a ‘Virtual’ or ‘Fractional’ CFO

Engaging a ‘Virtual’ or ‘Fractional’ CFO

by Canning Tax & Advisory | 20 Dec 2023 | Business Operations

Not all businesses need (or can afford) a full-time head of finance. But, in addition to accurate and regular financial reporting, they need a strategic view of finance whether that means budgeting, business planning, forecasting, fundraising, financial modelling,...
9 Ways to Reduce IT Costs

9 Ways to Reduce IT Costs

by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance

1. Audit your tech stack The first step is to understand where you’re spending money now. Sometimes IT expenditure grows because of once urgent needs, one-off projects or even failed initiatives. This results in redundancies such as multiple applications doing the...
8 Best Practices Cost Management

8 Best Practices Cost Management

by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance

All businesses should review their expenses periodically. Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival. No matter what the circumstances, here are...
Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions

Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions

by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance

You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax...
Legislating the ‘objective’ of super

Legislating the ‘objective’ of super

by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance

The proposed objective of superannuation released in recently released draft legislation is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.’ The significance of legislating the...
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