La Accountants & Business Advisors

Ruby has found the carrots. 🥕🥕

For business owners, there is always a goal to chase — better cash flow, stronger profit, more time and freedom, or a business that feels less stressful to run.

The challenge is that chasing the proverbial carrot without a clear plan can leave you busy, but not necessarily better off.

This Friday, take five minutes to look ahead and ask:

What is one thing I can do today to make next week easier?

Wishing our clients and business community a great Friday and a restful weekend.

Behind every business are people who show up, support each other, and do the work together.

Taking time to connect as a team matters to us. It helps us communicate better, work better, and ultimately serve our clients better.

Happy Friday from the LA Accountants & Business Advisors team!

Good habits create better business decisions.

The business owners who stay in control of their numbers usually do the simple things consistently.

They reconcile regularly.
They keep their data current.
They review payroll.
They get GST coding right.
They keep their accounts clean.

These habits may seem small, but they make your numbers more reliable and reliable numbers lead to better decisions.

Small habits compound into better strategy, stronger growth and more freedom.

Need help getting your numbers under control? Let’s have a conversation.

June is a big month for business compliance and EOFY planning.

Key dates to keep in mind:

7 June – Payroll tax returns due
21 June – Monthly IAS for May 2026 due
25 June – FBT return final due date
30 June – Trust distribution resolutions due
30 June – Super contributions for FY2026 deduction
30 June – End of financial year

The key is to review everything early, not in the final week of June.

Before 30 June, it is important to check your numbers, review available deductions, confirm your business structure is still appropriate, manage cash flow, and put any legitimate tax planning strategies in place before the financial year closes.

Once July arrives, many tax planning opportunities are no longer available.

Need help getting EOFY-ready?

Book a consultation with our team and let’s make sure you are heading into the new financial year prepared and confident.

Ruby Friday

Ruby has officially entered her end-of-week recovery mode.

While the rest of us are finishing off deadlines, tax planning, client work and EOFY preparation, Ruby has decided the most strategic move is a nap.

A useful reminder that rest is part of the rhythm too.

Happy Friday from Ruby and the team at LA Accountants & Business Advisors.

Great morning at the CUB Brisbane event today with Luke Hines.

The session was focused on peak performance for business owners, but not in the usual “do more, push harder” way.

The key message I took from it was simple:

If you want to perform well in business, you need to look after the person running it.

A few things that stood out were:
- Fuel: nutrition that is sustainable, not restrictive
- Train: building strength, energy and resilience
- Breathe: managing stress, recovery and your nervous system

I also liked the point around the “real result” being discipline, structure, confidence and control.

That applies just as much to business as it does to health.

Good reminder that performance is not just about strategy, systems or numbers. It is also about having the energy and clarity to make good decisions consistently.

Great session and a valuable morning.

♟️If you are thinking about buying something before 30 June just to “save tax”, it is worth pausing for a moment.

A lot of business owners still think the instant asset write-off means:

“I’ll get the money back at tax time.”

That’s not how it works.

A deduction reduces taxable income. It does not refund the full cost of what you bought.

You still have to spend the money upfront.

So if you spend $20,000 to save around $5,000 in tax, you have still spent roughly $15,000 in real cash.

That might make sense if the business genuinely needed the asset.

But if it is rushed, unnecessary, or only being bought because EOFY is coming up, it can hurt your cash flow more than it helps your tax position.

The best EOFY purchases are usually the ones the business already needed anyway.

Don’t panic-buy for a deduction. Make the decision properly.

Two businesses can make the same profit and still pay completely different amounts of tax.

Why? Because structure matters.

It affects how income is taxed, how cash is retained, how risk is managed, and how easily the business can grow.

The issue is that many businesses set up a structure early on and then never review it again.

But as the business changes, the structure may no longer fit.

If your business has grown, taken on staff, changed direction, added assets, or increased complexity, it may be time to review whether your current structure is still working for you.

Ruby’s Friday checklist is simple:

Review priorities.
Follow up with clients.
Clear the inbox.
Check the treat supply.
Make sure Ruby gets paid in pats.

A practical way to finish the week.

Happy Friday!

Kicking off the week with a burst of energy and ambition: Plan with passion, execute with enthusiasm. 💫 Remember, strategy is the secret to success. Here’s to making this an amazing week. Happy Monday! 🚀✨