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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

Is your business prepared for SuperStream?

  • 23/04/2015
  • Doug Mitchell
Blog Single
It has been more than 6 months since the government announced the SuperStream scheme – an initiative aimed at improving the efficiency of superannuation payments for employers. From 1 July this year, employers must make super contributions on behalf of employees by submitting data and payments electronically. If you’re a business owner it’s im...
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Why setting KPIs is good for the bottom line

  • 02/06/2015
  • Doug Mitchell
Blog Single
Closely monitoring Key Performance Indicators (KPIs) is an important part of financial management in corporate settings, but we’re often asked: What role do KPI’s play in small to medium enterprises?  For a small business (e.g. a tradesman) it may be as easy as working out how many hours are billed to clients each day or week. This will gi...
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How to use activity based reporting to effectively measure KPIs

  • 22/06/2015
  • Doug Mitchell
Blog Single
Earlier this month we talked about why setting KPIs is good for the bottom line and in particular the benefits of activity based reporting for SMEs. Every day we see businesses who find it difficult to understand certain processes such as the link between labour costs and productivity, peaks and troughs to determine spare capacity or the impact...
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Five important KPI’s for travel agents and what they help you measure.

  • 28/08/2015
  • Doug Mitchell
Blog Single
Closing monitoring key financial key performance indicators (KPI’s) is a an important part of managing any business, but given the high number of variables in the travel industry, being able to quickly drill down into profit and loss drivers becomes critical to diagnosing problems and improving the business bottom line.   If a travel business i...
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Have you got a succession plan?

  • 22/03/2016
  • Doug Mitchell
Blog Single
A growing number of Australia’s SME owners and leaders are aged 60+, and alarmingly 76% don’t have a formal succession plan or transition strategy in place to ensure business continuity. Given our ageing population, many economists and demographers predicted a mass sell-off of SMEs that would deflate prices in the second half of this decade. Wh...
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Can your established small business adapt to change or is it time to move on?

  • 30/01/2017
  • Doug Mitchell
Blog Single
Many of my clients are facing rapid change in their businesses due to the deflationary forces of globalisation, labour market challenges and technological change. It doesn’t help that consumers are demanding high quality products and services at ever lower prices and trying to meet that need is squeezing margins and slowing growth in many indust...
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540,000 jobs will be added to the start-up economy by 2033. Will one of them be yours?

  • 10/02/2017
  • Doug Mitchell
Blog Single
Economic transformation had led to the highest youth unemployment (12%) and underemployment (16%) in decades. Previous downturns saw high unemployment across the board, while this time job prospects are good for experienced skilled workers and difficult for graduates looking for entry-level jobs that have been automated or off-shored. With littl...
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Are you on top of changes to Superannuation brought in late last year?

  • 14/02/2017
  • Doug Mitchell
Blog Single
A series of changes to superannuation originally proposed in the Budget became law on 23rd November 2016; finally bringing some certainty to the outlook for professionals, business owners and retirees. The majority of the changes will come into effect in July 1 2017.  This gives everyone a few months to consider the impact of the changes and how...
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Why technology won't replace the role of a trusted adviser

  • 19/09/2017
  • Doug Mitchell
Blog Single
There's plenty of media hype about how automation and robo-advice could replace traditional tax, business and financial advice; and disrupt the business models of accountants everywhere. We don't buy it and here’s why. Technology is good at information, success is about how you use it Tax, business and financial planning advice is as muc...
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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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