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Today's tax tip

Managing Partner, Doug Mitchell, on the tax implications of buying and selling property.

Recent Posts

Why technology won't replace the role of a trusted adviser

  • 19th Sep 2017

Surviving and thriving in FY2018

  • 24th Aug 2017

Generation X caught in the middle of Australia's economic tranformation

  • 20th Feb 2017

Reality Bites: Your business is up and running, but will it succeed?

  • 13/11/2014
  • Doug Mitchell
Blog Single
You’ve made it – after stressful days and sleepless nights, your business is finally a reality. Now you ask yourself “Will my business succeed?” Only time will tell, but there are some Profit Profitability is probably the first thing you measure success by. Is your business making money? If your bottom line is constantly in the red, your chan...
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Have You Got Enough Super to Retire Comfortably?

  • 14/10/2014
  • Doug Mitchell
Blog Single
Whether you are at the helm of your own business, beginning your career or transitioning to retirement, superannuation is fundamental to your future.  Unfortunately, legislative changes and a groundswell of resources on retirement and how to manage your super have left many time poor investors feeling overwhelmed, resulting in lost opportunities...
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6 Problems That Will Hurt Your Cashflow

  • 10/10/2014
  • Doug Mitchell
Blog Single
One of the most important gauges of your financial health is cashflow – it’s what fuels your business. Just like the flow of blood in your body, when there are blockages, it could be fatal. If you’ve ever wondered, “How come I’ve made a profit but I don’t have any cash?” it’s time to look more closely at the causes.  Knowing what these are can...
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The importance of sharing knowledge with the next generation

  • 07/10/2014
  • Doug Mitchell
Blog Single
Over the years I have benefited from other business people, investors and professionals sharing their knowledge with me. Sometimes it is on a very casual basis over a beer. Sometimes it is being able to pick up the phone and discuss a technical matter with a lawyer or run the detail of a project past a banker to see if there is a solution to a...
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Are you the cause of a business bottleneck?

  • 02/10/2014
  • Doug Mitchell
Blog Single
  A bottleneck is a capacity constraint which restricts an entity, project or system, such as a manufacturing or decision making process, from achieving its potential.  Uncover the bottlenecks Finding bottlenecks in industry is relatively easy – in manufacturing you look at an assembly line and see where things are piling up. In small busin...
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Accounting in the cloud: the way of the present and future

  • 24/09/2014
  • Doug Mitchell
Blog Single
It has become increasingly difficult not to notice the introduction of cloud-based accounting products in the market over the last year. With many of the products promoting new time-saving techniques, better security and easier access to live information it’s certainly worth investigating the different products on the market and how they can be...
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6 Steps to benchmarking your business against competitors

  • 04/09/2014
  • Doug Mitchell
Blog Single
It may seem paradoxical to suggest that watching your competitors will help you grow your business, particularly during start-up, when much of your activity is in uncharted territory.  However, many business owners expend valuable time and energy attempting to reinvent the wheel when potentially valuable information exists just outside their d...
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What the carbon tax means for you

  • 10/07/2014
  • Doug Mitchell
With the repeal of carbon tax legislation, the content on this page no longer applies. As the carbon pricing mechanism comes into effect on 1st July 2012 we take a look at the implications for businesses and households. Officially there is no Carbon Tax; rather the government will levy major polluters at the rate of $23 per tonne of actual ca...
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Priced to sell or sink?

  • 11/06/2014
  • Doug Mitchell
Blog Single
Using the right method with the right materials in the right place at the right time can create powerful results – and you don’t have to be a large business to enjoy the benefits.  Henry Ford didn’t invent the assembly line, but he borrowed the idea for his car factory and was able to go after a new market in his industry to great success so no ...
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How to Create Efficient, Accurate Financial Reports

  • 17/03/2014
  • Doug Mitchell
Blog Single
Time poor business owners once looked to their accountant for general guidance and financial reporting - but the pressure and pace of a rapidly evolving commercial climate and constant technological change has redefined the expectations Australian business owners have of their accountant.   Now more than ever before, timing and accessibility is...
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Testimonials

Customer Testimonails

Doug and the team at Mitchell Wilson have supported my travel businesses for years. They are great accountants and financial advisers with a deep understanding of our industry who constantly offer valued advice in relation to business strategy, tax planning and personal tax. They take care of everything.

Tom Manwaring CEO, Express Travel Group

They're more than just accountants - they're really GOOD PEOPLE.

They translate the technical talk and keep it RELEVANT.

They're ASTUTE and I can trust their advice.

I wouldn't make a business move without talking to them FIRST.

They create TRUST in our business relationship and that's invaluable.

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