Sharp Accounting

15/07/2026

For trades and construction businesses, wages are only part of what your team actually costs the business.

It is not just the hourly rate. It is super, leave entitlements, training, vehicles, tools, downtime, recruitment, supervision time and the cost of work needing to be redone.

When you add it all up, the real cost per employee is usually much higher than the base wage.

If your team has grown recently, the numbers deserve a proper review. Are labour costs sitting where they should relative to revenue? Is your pricing actually covering the real cost of delivery? Is the business getting the capacity and output it expected from the investment?

If staff costs have changed, your business model may need to adapt accordingly.

Do you know what your team is really costing the business?

13/07/2026

The new financial year has only just started, which makes this a good time to think carefully about any significant equipment, vehicle or technology purchases you may be considering.

The Instant Asset Write-Off can be genuinely useful, but a tax deduction does not turn a poor business decision into a good one. Especially when there is time to plan properly.

Before committing, consider whether the purchase will genuinely improve how the business operates. Can cash flow handle it? Will finance be needed? Will it help generate income, save time, increase capacity or solve a real problem in the business?

The best purchases are usually the ones made because the business needs them and the numbers support them, not simply because a deduction may be available.

If you are considering a significant business purchase this financial year, it is worth talking it through before you commit. Get in touch if you would like to discuss your options.

08/07/2026

Most business owners don't come to us with one neat question.

It might start with tax, but it usually leads somewhere else pretty quickly. Cash flow. Wages. Pricing. Structure. Super. Equipment. Staff. Future plans.

That's normal. Business decisions don't sit in tidy boxes, and neither does good advice.

We help business owners understand what the numbers say and what they mean for the business they're actually trying to build.

Tax matters. But it's only ever one part of the conversation.

What's the business question sitting in the back of your mind right now?

06/07/2026

July cash flow can get messy quickly.

You're closing off one financial year and starting another, all while managing wages, suppliers, ATO commitments, loan repayments and day-to-day costs at the same time.

If the bank account already feels tighter than expected, that's worth paying attention to before the month gets away from you.

A simple cash flow check can help you see what's due, what's expected, and what needs to be set aside now rather than scrambled for later.

The business owners who feel least stressed in July are usually the ones who looked at the numbers in the first week, not the last.

What's the one cash flow pressure you're watching most closely this month? Drop it in the comments; we might be able to help.

Or contact us directly to get a clearer picture of what July looks like for your business.

01/07/2026

A new financial year is a good time to pause and say thank you.

To our clients, thank you for trusting us with the numbers, the questions, the planning and the decisions that sit behind your business.

We know running a business is not always neat or predictable. Some months are steady. Some are stretched. Some come with decisions you would rather not make alone.

That's why we do what we do.

Our role is not just to help with compliance. It's to help business owners understand what is happening, what it means and what to do next.

Here’s to a clearer, more confident year ahead!

29/06/2026

EOFY can feel like a finish line, but for business owners it is really more of a checkpoint.

The question is not only: what tax do we need to deal with, it's also:

Did the business perform the way you expected?

Were there cash flow surprises?

Did wages, materials or overheads creep up?

Did the owner actually get paid properly?

Is the business in a stronger position than it was this time last year?

A good set of accounts should tell you more than your tax position. It should help you make better decisions for the year ahead.

24/06/2026

Good decisions are much easier when you have the right people helping you understand the numbers.

For many established business owners, the reports are there, but they are not always being used to answer the questions that matter.

Can we afford another staff member?

Will cash flow tighten over the next few months?

Can we invest in equipment without putting pressure on the business?

At Sharp Accounting, we work with business owners throughout the year, using forecasts, budgets and regular check-ins to help them look forward, not just back.

Because once you understand the numbers, you can plan with more confidence.

22/06/2026

A temporary loss can create real cash flow pressure for a business.

From the 2026–27 financial year, eligible companies will be able to carry back tax losses and claim a refund for tax paid in the previous two income years.

This could be useful for businesses investing in growth, upgrading equipment, hiring staff or working through a tougher trading period after previously profitable years.

It is not a reason to spend without a plan.

But it may give some businesses more breathing room when cash flow is under pressure.

As always, the detail matters. Eligibility, timing and structure all need to be considered before you rely on it.

If you think this could apply to your business, it is worth getting advice before decisions are made

17/06/2026

A growing business can still feel tight on cash.

You might have work booked in, invoices sent and profit showing on paper, but still feel pressure when wages, BAS, super, supplier bills or loan repayments all land close together.

This is where forecasting helps.

A cash flow forecast gives you a clearer picture of what is coming, not just what is sitting in the bank today.

It helps you plan for tax, equipment purchases, hiring decisions, quieter periods and growth opportunities before they become stressful.

If your business is growing but cash still feels tight, it may be time to look forward, not just look back.

16/06/2026

If you use the ATO app to manage your super, there is a new verification step you need to know about.

From May 2026, some super transfer or consolidation requests now need to be verified through the ATO app before they can proceed.

The change is designed to help protect super from fraud, but it also means you need access to your registered device before you start a transfer.

The biggest warning sign?

If you receive a super transfer verification request you did not initiate, do not approve it. Lock your account through the ATO app and contact the ATO directly.

Julian has explained what changed, who it affects, and what to check before your next super transfer.

Read the full article here:

The ATO introduced super transfer verification in May 2026. Here is what changed, who it affects and how to protect your super from fraud.