Tax Time – Save Money by Lodging with Experts Tax season is here, and if you’re like most Australians, you’re probably wondering whether to tackle your tax return yourself or leave it to the professionals. At Minnik, we’re here to make that decision easy — by offering a seamless and personalised tax service designed to…
Save TAX with the 5-Year Super Catch-Up Rule If you’ve had inconsistent income, taken time off work, haven’t maxed out your super contributions, or you’re looking to top up your super — you could be sitting on a hidden tax refund opportunity. The good news? There’s still time to take advantage of it before 30…
Ready for Tax Refunds? Why lodge with us? Tax time is back — and whether you’re chasing a refund or worried you might owe, one thing’s for sure: Lodging your tax return with a real accountant is the smartest move you can make this year. Here’s why so many taxpayers are switching to Minnik for…
DIY Books & Payroll: Costing You More Than You Realise? Small business owners are famously resourceful. They try to wear ALL the hats, eventually to their detriment. When it comes to bookkeeping and payroll, handling these tasks yourself will be costing far more than you realise. Sure, it might feel like you’re saving money. But…
Interest Rates: What Reductions Mean for You As we navigate a period of economic adjustment, interest rate cuts have once again become a hot topic in Australia. While the Reserve Bank’s decision to lower rates can feel like a welcome reprieve for borrowers, it also presents both opportunities and challenges—especially for small business owners and…
Business Structures: The Key Differences When starting a business, one of the first decisions you’ll face is choosing the right structure. The most common business structures in Australia are sole trader, partnership, company, and trading trust. Each has its own tax implications, legal responsibilities, and benefits. Understanding the key differences will help you make the…
Outsourced Finance Department (OFD): How does it work? Many small business owners don’t realise their accountants can do much more than just tax returns and compliance work. While traditional accounting focuses on bookkeeping and tax filings, a fully integrated financial solution goes beyond these basics—helping businesses optimise cash flow, improve financial reporting, and drive strategic…
Solve Cash Flow Problems and Build a Resilient Business For many small and medium-sized enterprises (SMEs), cash flow issues are the biggest obstacle to growth. Poor cash flow can hold a business back even when profits are strong, systems are streamlined, and internal operations are running smoothly. A common reaction from business owners facing…
Outsourced Finance Department: Evolution of the Accounting Profession The accounting profession has undergone a remarkable transformation. No longer limited to “processing the past,” accountants are now stepping into the role of trusted advisors, helping small businesses navigate their financial futures. At the heart of this evolution is the emergence of the Outsourced Finance Department (OFD),…
Success Profile – Watertight Plumbing & Drainage Chase Bailey, the Director of Watertight Plumbing & Drainage is one business owner who not only understands the importance of hard work and dedication, but how putting the correct systems in place helps the whole operation run smoother and sets you up for both business and financial…