News


Following on from the recent construction shutdown, the Victorian Government has released a new grant to assist those construction businesses unable to attend worksites due to lockdown restrictions imposed from 21 September to 4 October 2021.


The Victorian Government has released its Small Business COVID Hardship Fund to assist small and medium businesses in need.  And you can forget those ANZIC Codes for this one!


With an unprecedented amount of information that has been issued in relation to COVID-19 we have attempted to filter it all into one summary for you


As accountants, the number one thing our business clients want is advice to help them grow their business. In the digital age we believe the secret to growth is marketing and it could be the difference between boom and gloom for any business.


Every entrepreneur wants to grow their business but there's no simple formula that guarantees success. In this series of posts we are up to the third way to grow your business, how to increase the value of each sale.


If you are looking for more than just a job, you have found the right firm.

Here at Suntax we strive to be the best in our field - we are a firm that want to do more than just keep the financial score. Our Purpose is "To create and share amazing life experiences" for both our clients and our team members.

We are currently seeking to appoint a dedicated full time bookkeeper to join the team, based in our Sunbury office.

If you think you have what it takes and would like to work in an upbeat, friendly office environment, please read more... 


Clearly, everyone wants to grow their business. Unfortunately there is no magic potion or silver bullet but we do know there are only four ways to grow a business. In this blog we examine the second method, how to increase the number of times a customer comes back and buys from you.


Everyone wants to grow their business, however, there is no 'magic marketing bullet'. Fundamentally there are only four ways to grow a business including, increase the number of customers of the type you want.


I must admit I don’t watch a lot of television but I did enjoy the latest Australian season of Shark Tank where budding entrepreneurs seek funding from a panel of wealthy investors (the sharks). While it’s another form of reality TV the show does provide business owners with some valuable business lessons. In this edition we ask the question, should you swim with sharks?


I must admit I don’t watch a lot of television but I did enjoy the latest Australian season of Shark Tank where budding entrepreneurs seek funding from a panel of wealthy investors (the sharks). While it’s another form of reality TV the show does provide business owners with some valuable business lessons including the importance of knowing your numbers.


I must admit I don’t watch a lot of television but I did enjoy the latest Australian season of Shark Tank where budding entrepreneurs seek funding from a panel of wealthy investors (the sharks). While it’s another form of reality TV the show does provide business owners with some valuable business lessons including the importance of business planning.


We have been inundated with queries regarding the accelerated depreciation write-off for assets up to $20,000 acquired by small businesses since it was announced in the May budget.


At the start of 2013 we noticed about 10% of our website traffic was coming from hand held mobile devices. By late 2013 this figure had jumped to about 15% but in 2015 we find close to 25% of our website visitors are using mobile devices. Why is this important you might ask?


The times are certainly changing and in this seminar we will explore how technology is changing the world. You'll learn how to profit from international investments and how to tap into the other 98% of the world. You'll also get advice on how to investing for income in a deflationary environment.


If you are looking for more than just a job, you have found the right firm.

Here at Suntax and Akambo Tax we strive to be the best in our field - we are a firm that want to do more than just keep the financial score. Our Purpose is “To create and share amazing life experiences” for both our clients and our team members.

We are currently seeking to appoint a dedicated full time receptionist and administration all-rounder  to join the team, based in our Melbourne CBD office.  With a focus on excellence in communication and a highly effective interpersonal style, you will be motivated to become part of a close-knit team.

If you think you have what it takes and would like to work in an upbeat, friendly office environment, please read more...


For the vast majority of businesses, Xero will provide benefits well beyond your current imagination that you just need to know about.

What is Xero?

Xero is a cloud based accounting/bookkeeping solution that allows businesses and accountants to simultaneously see all bank balances, sales information, accounts receivable and accounts payable position appear on one screen, called the Xero dashboard.

But probably the best feature in Xero is the automated bank downloads and the clever use of intelligent technology to match deposits in your bank to invoices raised and to match payments from your bank account to bills in Xero. It takes away the mundane bookkeeping processing and allows you to spend more time on managing and measuring your business.


Negative Gearing by definition is where you borrow to acquire an investment or asset and the interest and other tax deductible costs you incur exceed the income you receive from the investment. In this blog post we discuss Negative Gearing and some important points you need to understand.


Just as evolution in animals dictates that only the fittest survive, in a recession it is generally survival of the smartest.

In this country we seem to have a recession-like economy happening every seven to nine years and almost 75,000 Australian businesses were wiped out in the last downturn. To survive business owners must find a way to plan their way past potential threats including rising interest rates and fuel prices plus declining consumer confidence.