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Your Business Angels

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Your Business Angels

Your Business Angels believe every business has potential Great accounting great consultancy great so

As part of our program for Australian businesses, Your Business Angels brings solutions, clarity and plans for small to large businesses. After all for more than 25 years, the Your Business Angels team have been doing just that, working hard to give courage to our customers because our team knows how important it is for you to have a partner at your side offering reliable, sustainable solutions fo

r the difficult road ahead. Your Business Angels strive to do it right with passion every day. Join our growing list of clients who know that every day, and in every way, their needs are taken care of, their goals become our goals and their passions and beliefs are ours. Check our full suite of accounting, consulting and turnaround solutions that serve many industries.

08/08/2026

THE ATO CHANGED THE RULES ON INTEREST — AND SMALL BUSINESS NEEDS TO KNOW

If you’re a tradie or small business owner with an ATO debt, there was an important change from 1 July 2025 that can make that debt more expensive than you might realise.

The ATO charges General Interest Charge (GIC) when tax debts aren't paid on time. In the past, that interest could generally be claimed as a tax deduction.

Not anymore.

From 1 July 2025, GIC and Shortfall Interest Charge (SIC) are no longer tax deductible.

Think about what that means.

If your business owes the ATO money, the ATO can charge interest on that debt — but you no longer get a tax deduction for that interest. It is now a genuine after-tax cost to the business.

And there is another issue we regularly see with sole traders.

Your personal income tax is NOT a business expense.

If you're a sole trader, you and the business are the same taxpayer. The income tax you pay on the profit of the business is your personal tax. The same applies to PAYG instalments towards your personal income tax.

Paying it from the business bank account doesn't suddenly turn it into a business expense.

This matters because if these amounts are sitting in your Profit & Loss as expenses, you may not be looking at the true profitability of your business.

And that's the bigger lesson.

Tax debt isn't just something sitting on an ATO statement. It can quietly eat into your cash, your profit and your ability to move forward.

If you're carrying tax debt, you need to understand exactly what you're paying, what the interest is costing you, whether your accounts are showing the true position, and what your plan is to get the debt under control.

The numbers need to tell the truth.

Because once you can see the true position of the business, you can start doing something about it.

04/08/2026

The Building Paradox 🏗️

Everyone is talking about Australia's housing shortage...

Yet builders are telling us the phone has gone quiet.

How can both be true?

The answer is simple.

There is still demand for housing, but demand doesn't automatically create profitable work.

Projects are receiving planning approvals but never reaching construction because finance is harder to obtain, costs remain high and margins have been squeezed. Many builders are still turning over the same amount of work they did a few years ago—but they're making far less money.

Turnover is surviving. Profit isn't.

That's why so many construction businesses find themselves busy, exhausted and wondering where all the cash has gone.

This is where Safe Harbour becomes far more than a legal protection.

It's about rebuilding the business from the inside out.

✔️ Better quoting.
✔️ Better pricing.
✔️ Faster invoicing.
✔️ Stronger cash flow.
✔️ Weekly financial visibility.
✔️ Managing tax debt before it manages you.
✔️ Turning turnover into profit again.

You can't control interest rates or the construction market.

You can control how well your business performs within it.

The builders who survive this cycle won't necessarily be the biggest. They'll be the ones who understand their numbers, protect their margins and make better decisions every week.

Don't follow the market down. Build a better business instead.

18/07/2026

The Commercial Reality of an ATO Payment Plan

An ATO payment plan is not a solution.

It's a promise.

The real question isn't, "Will the ATO approve the payment plan?" The real question is, "Can your business actually afford to keep it?"

Too many businesses commit to repayment amounts that look achievable on paper but simply don't exist in reality. Tax debt can only be paid from cash profit—what is left after wages, suppliers, rent, finance and the day-to-day cost of running the business have been paid. You can't squeeze it out of cash flow forever.

At Your Business Angels, we believe every payment plan should be commercially sustainable. A realistic plan, backed by better cash flow, stronger financial discipline and consistent behaviour, gives your business the best chance of reducing tax debt without creating tomorrow's problem.

A payment plan is a promise. Cash profit is what keeps that promise.

Your Business Angels
Repair the past. Rescue the future.

17/07/2026

"I Haven't Heard from the ATO for Six Months, So They Must Have Forgotten About Me."

It's one of the most common things we hear from business owners.

"The ATO hasn't contacted me for months, so maybe they've moved on."

Don't make that assumption.

The ATO doesn't need to send you a letter every week to know what's happening. Every BAS you lodge (or don't), every superannuation payment, every payment plan, every tax payment and every interaction helps build a picture of your business's behaviour.

Silence doesn't necessarily mean inactivity.

The good news? The opposite is also true.

If you're lodging on time, keeping your superannuation current, making regular payments, communicating when things change and steadily improving your business, you're building a history of responsible behaviour. Those small, consistent actions matter.

At Your Business Angels, we don't ask clients to solve a $160,000 tax debt overnight. We ask them to do the next measurable, repeatable thing. Lodge the BAS. Pay this week's super. Collect another debtor. Make the next payment. Repeat.

Businesses aren't rebuilt by one heroic effort.

They're rebuilt one measurable, repeatable step at a time.

Your Business Angels
Repair the past. Rescue the future.

15/07/2026

Run a Production Line, Not a Building Site

One of our clients recently entered the Enterprise Reconstruction Program at Your Business Angels. Like many construction businesses, the first assumption was that they needed more work.

They didn't.

When we analysed their accounts, purchase orders and workflow, we found something different. The work was there. The problem wasn't sales—it was efficiency. Too many vehicles. Too much labour waiting for the next job. Too much rework. Too many little delays that quietly stole profit. Once those costs were removed, the business changed dramatically.

The breakthrough came when we asked the owner to stop thinking like a builder and start thinking like a production manager. Every frame was almost identical. Every site followed the same sequence. Every mistake was repeated. But so was every improvement. Better planning on Friday meant smoother starts on Monday. One less trip to the hardware store. One fewer failed inspection. Faster progress from one house to the next. Small gains repeated hundreds of times become serious money.

Whether you're a carpenter, electrician, plumber, painter or concreter, ask yourself this question: Are you running a building site, or are you running a production line? The businesses that survive don't just work harder—they build systems that allow their crews to produce consistent results, week after week.

That's what Enterprise Reconstruction is really about. Sometimes rebuilding a business isn't about finding more customers. It's about helping good businesses become more efficient, more profitable and more resilient with the work they already have.

Repair the past. Rescue the future. That's what we do at Your Business Angels.

14/07/2026

Most people think business turnaround starts with the profit and loss statement.

Sometimes it starts with an invoice.

Over the past few weeks we've been working with the owner of a specialised engineering workshop. Like many highly skilled tradespeople, he was humble, hardworking and technically brilliant—but he consistently undervalued what he did.

We didn't tell him to simply "put your prices up."

Instead, we changed the conversation.

We helped him understand that he wasn't selling welding, machining or repairs.

He was selling engineering judgement.

He was restoring production assets.

He was preventing costly downtime.

He was solving problems that very few people could solve.

Together, we changed the way he wrote his invoices. We introduced timesheets, clearer descriptions of the engineering work completed, the outcomes achieved and the value delivered to the customer.

Something interesting happened.

As his invoices changed, his confidence changed.

As his confidence changed, his pricing changed.

And as his pricing changed, so did his turnover.

This is why business improvement is rarely just about numbers.

Financial statements tell us what happened yesterday.

Behaviour tells us what will happen tomorrow.

Sometimes the greatest value an adviser brings isn't a spreadsheet or a tax strategy.

Sometimes it's helping a business owner recognise the true value of what they have been doing all along.

At Your Business Angels, we don't just rebuild businesses.

We rebuild confidence, discipline and commercial thinking.

Because when the owner changes, the business follows.

Repair the past. Rescue the future.
Your Business Angels

09/07/2026

Your business didn't become difficult overnight.

It happened one small decision at a time.

Quotes became harder to price.
Cash flow became tighter.
The ATO started getting behind.
You worked longer hours.
The paperwork piled up.
Profit became harder to find.

Before long, you weren't running the business anymore.

The business is running you. If this feels like you, give us a call 1300 982559

14/06/2026

Am I Financing This Builder?

Most tradies think the biggest risk in construction is not getting enough work.

In reality, one of the biggest risks is getting plenty of work from the wrong customer.

When the market starts tightening, one of the first warning signs is price pressure.

The phone rings.

A builder wants a discount.

A developer asks for a revised quote.

Margins are questioned.

Variations become difficult to recover.

Payment terms start stretching.

Many contractors see this as normal negotiation.

Sometimes it is.

Sometimes it is the first sign that the numbers no longer work.

The developer may have paid too much for the land.

Construction costs may have blown out.

Sales may have slowed.

Finance may have become harder to obtain.

The project can still look healthy from the outside while the margin is disappearing on the inside.

And when margin disappears, pressure travels down the chain.

The developer squeezes the builder.

The builder squeezes the subcontractor.

The subcontractor ends up financing the project.

That is why credit checks are not optional.

They are a survival tool.

Many business owners will spend weeks researching a vehicle or a piece of equipment, yet happily take on a $100,000 project for a builder they know very little about.

Before accepting major work, ask some simple questions:

• Who owns the project?
• What is the payment history?
• Are there court actions?
• Are suppliers complaining about payment delays?
• Has the business recently changed entities?
• Are there signs of financial pressure?

Remember, the purpose of a credit check is not to determine whether someone is profitable.

The purpose is to identify warning signs before your money becomes trapped inside somebody else's problem.

One lesson we constantly teach clients is this:

You do not need to win every job. You need to get paid for the jobs you win.

Volume without payment can destroy an otherwise healthy business.

Cash flow always wins.

Always.

If payment behaviour changes, ask questions.

If pressure to reduce pricing suddenly increases, understand why.

And if the answers do not make sense, be prepared to walk away.

There will always be another project.

There will always be another builder.

There will always be another opportunity.

There may not be another chance to recover six months of unpaid invoices.

At Your Business Angels, we often remind clients to make a prisoner of every dollar.

That starts by making sure your dollars are not trapped inside somebody else's problem.

30/04/2026

ATO Payment Plans – Why They Don’t Fix the Problem (And What Actually Does)
We see this all the time.
A small business, turning over around $400,000 a year, ends up with an ATO debt of, say, $78,000. They do the right thing, pick up the phone, and get a payment plan in place. The pressure eases, things feel calmer, and there’s a sense that the problem is now under control.
But here’s the truth.
The payment plan doesn’t solve the problem.
It simply spreads it out.
While you’re on that plan, interest keeps building. That interest is not tax deductible. The business has to earn profit, pay tax on that profit, and only then use what’s left to pay the ATO.
And it doesn’t stop there.
Even the original $78,000 isn’t just $78,000. Because it’s paid out of after-tax profit, the business actually needs to generate closer to $140,000–$144,000 over time to clear it.
That’s nearly double the original debt.
So what feels like a solution is often just a slower version of the same problem.
And unless something changes, the business spends the next two to three years working to clean up the past instead of building its future.

So what can you actually do?
There are a few real options, and none of them are perfect—but all of them are better than doing nothing.
1. Tough it out
Stay on the plan, make the payments, and carry the pressure. This works—but it’s slow, and it’s expensive in real terms.
2. Refinance properly
Sometimes moving the debt into a lower-interest, structured loan (like against the family home) reduces pressure on the business. But be careful—this only works if the business changes its behaviour. Otherwise, the problem just moves.
3. Contribute more
Reducing drawings or salary and putting more into the debt shortens the time, reduces interest, and gets you out faster. It takes discipline, but it works.
4. Increase your prices
Even a small increase—say 5%—can make a big difference. That extra cash, directed properly, can significantly reduce how long the debt hangs around.
5. Sell something
This one’s uncomfortable, but real. If you’re carrying tax debt while holding lifestyle assets… it’s worth asking the question. We see it all the time—tradies with caravans, boats, toys. That’s capital sitting idle while the ATO debt grows.

And one thing to NEVER do
Never, ever go to high-interest, non-conforming lenders.
These lenders can charge extreme rates and fees that quickly spiral out of control. What looks like a quick fix becomes financial quicksand. It doesn’t save the business—it usually finishes it.

The real point
A payment plan without a strategy is just a slow bleed.
At Your Business Angels, we don’t start with the ATO plan—we start with the business. We look at what needs to change so the business can actually carry the plan, shorten it, and come out stronger.
Because getting a payment plan is easy.
Building a business that can handle it and move forward—that’s where the real work is.

If you or someone you know is dealing with ATO debt, don’t just settle for a plan.
Make sure there’s a strategy behind it.

15/04/2026

Looking us up, have a tax debt, costs nothing to call and have a chat 1300 982559

Address

1st Floor 44 New Street
Ringwood, VIC
3134

Opening Hours

Monday	8:30am - 5pm
Tuesday	8:30am - 5am
Wednesday	8:30am - 5pm
Thursday	8:30am - 5pm
Friday	8:30am - 5pm

Website

http://www.yourbusinessangels.com.au/

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