Business By Design

Send us Fan Mail

In this episode, Mena and Stuart discuss what a business coach does and whether they are worthwhile, including:  

• The importance of accountability  
• Better/different perspective & sounding board  
• Business processes  
• Do they have experience with helping business achieve better results  
• Tax deductibility   

To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/  

Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/ 

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

In this episode, Mena and Stuart discuss the common tax planning matters that you should consider prior to 30 June, including: 

• Completing trustee minutes and dividend declarations 
• Super contributions – when, how much, etc. 
• Importance of doing a stocktake 
• Forecasting taxable income 
• Using corporate beneficiaries  

To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/ 

Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

In this episode, Mena and Stuart discuss tax deductions investors can claim, including:

• What expenses are considered capital and how they are treated
• Are educational costs deductible? 
• Subscriptions and financial advice 
• Interest deductions 
• Computer and internet 
• The importance of recording keeping

To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/

Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

In this episode, Mena and Stuart discuss what factors what a service entity is and when to use one including: 

• How service entities are structured 
• The benefits that service entities generate
• What types of businesses service entities suite                        
• Common service trust mistakes we see

To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/ 

Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

Mena and Stuart discuss what factors you must consider when deciding whether to buy the property that you use to operate your business. 

• The first question to ask yourself
• How to own the property 
• Why commercial property is ‘risky’ at the moment
• Pros and cons of buying your business premises

 If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

Mena and Stuart discuss how state governments are targeting business to raise more payroll tax revenue including:

• What types of businesses are they targeting
• What is the government argument
• What action can businesses take to avoid this liability
• What other liabilities may arise

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

Mena and Stuart discuss the tax incentives resulting from self-employed people  buying electric vehicles in their businesses name including:

• Which vehicle that the incentives apply to
• What benefits are available? 

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'. 

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

Mena and Stuart discuss what PAYG employee can do to minimise tax including: 

• The importance of focusing on maximising wealth after-tax – not just saving tax
• Negative gearing
• Margin lending
• Super contributions

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'. 

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

This week, Mena and Stuart discuss the tax consequences of renting out your holiday home including: 

• How the ATO is targeting these arrangements
• Recording keeping and proof that the property is available for rent
• Importance of charging market level rent
• How to apportion tax-deductible expenses

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'. 

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Send us Fan Mail

Stuart & Mena discuss the following considerations with respect to entertainment expenses: 

• The What, When, Why and Where factors
• Where is the event happening
• Type of food and drink being provided 
• Client gifts

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'. 

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn.  Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.