In this Australian Business Podcast episode, Jordan Kidis and Danil Goloubev discuss what they consider the essential items to review to ensure your ongoing business health at the start of a new financial year. They dissect how these items give you the visibility of your business position and understanding where you can make changes to constantly be moving forward with your business.

Topics Covered Today

– Compliance and Tax obligations to meet

– Your Cash Flow Strategy

– Assessing Budgets and Forecasts

– Steps to take for the Financial Year Ahead

Chapters (approximate)

(00:00) Introduction

(03:15) How to do a Business Health Check

(07:00) Tax Deadlines & Compliance Updates

(07:35) Instant Asset Write-off

(11:30) What is a BAS and PAYG?

(13:19) Superannuation

(15:29) Payment Plans

(17:23) Review Your Cash Flow

(26:03) 3 Tips for a Strong Financial Year

If you want to grow a more profitable business and create long-term wealth, subscribe to the Australian Business Podcast on  Apple, Spotify, or YouTube

Resources mentioned in this episode:

– Free community⁠

⁠– Book in your Meeting⁠

⁠– Join our Q&A in August⁠

⁠– Ask a question (select the Business podcast)

Rask Resources

All services: https://bit.ly/R-services

Financial Planning: https://bit.ly/R-plan

Invest with us: https://bit.ly/R-invest

Access Show Notes: https://bit.ly/R-notes

Ask a question: https://bit.ly/R-quest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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