Reflect, Review, and Reset Your Business for the Year Ahead As 2025 draws to a close, now is the time for Perth business owners to pause and take stock of their financial performance. A structured year-end business review is not just about ticking boxes for tax or compliance, it is an opportunity to uncover insights…
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ATO audits are becoming more common, particularly for small and medium businesses. In 2025, the Australian Taxation Office (ATO) has stepped up its compliance activity with more funding and resources, which means greater scrutiny of business records and lodgements. For business owners, the thought of an audit can feel daunting, but with the right preparation…
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Business tax planning is the process of proactively managing your tax obligations to reduce the amount of tax your business pays—legally, strategically, and in line with Australian legislation. Rather than only preparing for tax at the end of the financial year, effective tax planning is an ongoing process that considers your structure, expenses, investments, and…
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Setting up a self-managed super fund (SMSF) in Australia involves nine key steps-from choosing your trustee structure and creating a trust deed, to registering with the ATO and preparing a compliant investment strategy. While the process gives you more control over your retirement savings, it also comes with strict compliance responsibilities under Australian tax law.…
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Lodging your business tax return isn’t just a compliance task—it’s an essential step toward managing risk, maintaining financial health, and positioning your business for growth. At Origin Business Consultants, we simplify the process for you. This guide explains exactly how to lodge your business tax return in Australia, step by step. If you’d rather focus…
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Setting up a trust is one of the most effective ways to protect your personal or business assets from legal, financial, or family-related risks. In Australia, trusts are widely used to separate ownership, manage wealth, and provide long-term security for families and business structures. However, to ensure the trust provides the protection you seek, it…
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Insolvent trading occurs when a company continues to incur debts despite being unable to pay its existing financial obligations. In Australia, directors have a legal duty to prevent this, and failing to do so can result in serious personal, civil, or even criminal consequences. Understanding the rules around insolvent trading is essential to protect your…
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Understanding Family Trusts and Legal Requirements A family trust—also known as a discretionary trust—is a legal structure used to hold and manage assets on behalf of beneficiaries, typically family members. The trustee (who may be an individual or company) controls the trust and decides how income or capital is distributed. We’re here to answer the…
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Understanding Accounts Payable and Liabilities To determine if accounts payable is a liability, let’s first clearly define both terms. Accounts payable (AP) refers to money a business owes suppliers or vendors for goods or services provided but not yet paid for. When your business receives goods along with an invoice stating payment is due at…
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Starting a business is an exciting journey, and choosing the right business name is one of the first big steps. Your business name is more than just a title—it shapes your brand identity and helps customers recognise you. But before you start trading under that name, you need to register it. So, how long does…
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