Lauren Evans

Business Tips, Ideas & Support Articles

Graphic showing the hidden cost of ATO compliance
Bookkeeping

The Top 15 Ways to Make Bookkeeping Easier (and Free Up Your Time)

Bookkeeping doesn’t have to be hard. If you’re looking for ways to make bookkeeping easier, you’re not alone. With the right systems and habits in place, you can free up your time and gain control of your business finances. It doesn’t have to be messy, confusing, or a last-minute scramble at BAS time either. If you put the right systems and habits in place now, you can make bookkeeping easier – giving you more time to focus on growing your business (and less time stressing about receipts). Here are 15 practical ways to streamline your bookkeeping, make your bookkeeping easier and

Lauren Evans April 29, 2025
Advisory

Why Every Business Needs a Forecast (Yes, Even Yours)

Running a business without a forecast is like driving with your eyes closed – you might stay on the road for a while, but it’s only a matter of time before you hit something. Most business owners don’t mean to fly blind. They’re just busy keeping things afloat. But a simple forecast can change everything—from your stress levels to your bottom line. Here’s why now is the perfect time to build one – and how to get started without overcomplicating it. What is a Forecast? A forecast is simply a financial prediction of what’s ahead – usually for the next 3,

Lauren Evans April 15, 2025
Accountant help you plan for the future
Accounting

Why Your Business Structure Still Matters (Even if You Set It Up Years Ago)

When you first started your business, you probably picked a structure based on what was quickest, cheapest, or what your accountant suggested at the time. But here’s the thing…What made sense then might not be serving you now. As your business grows, your structure can either save you thousands or hold you back. And yet, many business owners never review it again – until there’s a problem. So, let’s break it down… What is a Business Structure (and Why Should You Care)? Your business structure is basically how your business is legally and financially set up. Common structures in Australia include:

Lauren Evans April 8, 2025
Business

What the 2025–26 Federal Budget Means for You

The 2025–26 Federal Budget has landed, and while the headlines focus on cost-of-living relief, there’s plenty in it for business owners to pay attention to. From tax incentives and compliance crackdowns to employment law changes, this year’s budget includes updates that will affect your cash flow, your systems, and even your employment contracts. Here’s a breakdown of the most relevant updates – and what they mean for you. 1. Tax Cuts = More Disposable Income   From 1 July 2026, the personal tax rate for incomes between $18,201–$45,000 will reduce from 16% to 15%, and drop again to 14% in July

Lauren Evans April 1, 2025
Accounting

EOFY is Coming – 9 Quick Actions to Get Ready

The end of the financial year (EOFY) can feel overwhelming, but getting prepared now will save you stress (and money) later. Here are nine simple things you can do right now to get ahead before June 30. 1. Pay Super Early to Claim the Deduction Superannuation is only tax-deductible when it’s paid on time. If you want to claim a deduction this financial year, make sure your June quarter super is paid before June 30—otherwise, it won’t count until next year. 2 Chase Up Outstanding Invoices Got unpaid invoices? Now’s the time to follow up on overdue accounts so you’re not

Lauren Evans March 25, 2025
Business

Celebrating 70 Years of Abletts Transport: A Legacy of Excellence

At Inline Partners, we take great pride in supporting businesses that exemplify resilience, commitment, and excellence. This month, we are thrilled to celebrate a major milestone for one of our long-standing clients, Abletts Transport, as they mark 70 years in business! Our Partners, David Mah Chut and Christy Lim, recently attended Abletts Transport’s 70th anniversary celebration, recognising not only their incredible journey but also our own 23-year partnership in providing financial services to support their continued success. A Family Business Built on Trust and Quality Founded as a family-owned and operated business, Abletts Transport has grown into a highly respected leader

Lauren Evans March 3, 2025
Accounting

Celebrating a Well-Earned Promotion: Sherzod Norboev Steps into His Role as Manager at Inline Partners

Initiative comes in many forms… and Sherzod Norboev has never been short on it. It’s not every day someone walks in off the street, asks for a job, and then proceeds to back it up with hard work, academic excellence, and an unwavering commitment to growth. But that’s exactly what Sherzod did. Since joining Inline Partners, Sherzod has continually proven himself as an invaluable member of our team. His quiet determination and tireless work ethic have seen him excel in Accounting, Tax, and Business Services—all while completing his Chartered Accounting program. Originally from Uzbekistan, Sherzod arrived in Australia with a vision:

Lauren Evans February 28, 2025
Page of tax calculations
Accounting

What Is Succession Planning and Why Is It Important?

There is a popular saying in the business community – if you fail to plan, you plan to fail. But, with your business at the peak of success and a promising financial future in full view, it can be difficult to take a minute to consider what would happen to your business if you left. A 2022 national survey shows that more than 1 in 4 Australian business leaders do not have a succession plan for top leadership positions. Yet leadership transitions are an inevitable part of business. You may not want to envision a future where you no longer run

Lauren Evans May 21, 2024
Tax

What is Entertainment? Is it Costing Me More Money Than I Know About? FBT

Ever found yourself scratching your head at the end of a financial year, wondering how those business lunches and office shindigs have bumped up your tax bill? Well, you’re not alone. Fringe Benefits Tax, or FBT, often catches Aussie business owners by surprise, especially when it comes to entertainment expenses. You need to know what counts as entertainment and how it can impact your tax obligations. In this blog post, let’s dig into FBT and learn how you can effectively manage these expenses to keep surprises at bay. So, What’s “Entertainment” in Business?   By the book, the Australian Taxation Office (ATO)

Lauren Evans May 20, 2024
Advisory

Why Your Business Needs a Budget

Budgeting (or forecasting) is vital to the ongoing success of your business. It helps ensure that, no matter what the world throws at you or your business, you’ll be well placed to negotiate the challenges you are presented with. In addition, it will assist you in setting business goals and KPIs, evaluate performance, predicts cashflow, provide invaluable data when making important business decisions and make your business more nimble when opportunities arise. So why, according to this survey from the US, are only 55% of small businesses bothering to do it? I suspect it’s to do with finite time and resources.

Lauren Evans January 14, 2024

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