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OMNIBUSiness October 2019

I'm a bit of a cricket tragic and, like a lot of Aussies, I was glued to the television on that Sunday as Australia were beaten by a plucky England at Headingley.

Right before me, one man was changing the course of the game and ultimately changing history whilst going down in cricket folklore.

I assume a lot of you, like me, were absolutely astounded by the desire, conviction and focus shown by England on that day.

It made me think about how entrepreneurs and business owners go about what we do!

We all just take it for granted that we business owners are just doing what we do. Trying to make ends meet, earning for our families and endeavouring to live out our dreams.

When you think about it, it actually isn’t like that!

Every business owner is out there trying to change the path we are destined and, in some instances, create a product that will touch many.

The enormity of trying to live out this business dream sometimes comes at a cost. We can lose sight of what we set out to achieve but we need to remain focused, get back on track to ensure we change our own course of history.

By the way, Donna (my lovely wife) and daughters surprised me by buying me tickets to Old Trafford and within days I was on a plane to the UK, staying with a good friend and his family at a beautiful village just outside Manchester.

Over five days of test cricket - in between rain delays and bad light - an individual and a team were changing the course of history.

The whole event was gripping and it came down to the last hour of five days of sporting battle.

Just like the on Sunday two weeks earlier, a team of determined sportsmen changed the course of history yet again.

We all need to make sure we take the time to reflect, understand our path and endeavour to change the course of our own history.

When my family gave me this opportunity they gave me a life experience that I will never forget and I thank them very much.

Enjoy reading OMNIBUSiness and let us know if you'd like to discuss any of the topics we cover below.

Best wishes,

Justin Flavel
Managing Director

STP deadline 30 Sept-19
Small employer reporting through Single Touch Payroll started on 1 July. If a small business had not started reporting through an STP-enabled solution, you had until 30 September 2019 to take action. Call us on 08 9380 3555 to make sure you haven't missed the boat. Read more
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Any ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible. In addition to the loss of a tax deduction, employers caught not complying with their PAYG withholding obligations may be penalised. Read why
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If you're starting a small business you will need to work out which type of business structure to use. We explain the benefits and disadvantages of different types of business structures. Read more
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A taxpayer living in serviced apartments overseas was considered not a resident for tax purposes even though he lived in temporary accommodation - read why the Full Federal Court ruled this way. Read more
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Omnis Group Pty Ltd
1 Alvan Street, Subiaco WA 6008
p. 08 9380 3555   f. 08 9380 9515

ABN 13087542658​

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Disclaimer This newsletter is for information purpose only and does not constitute advice and does not take into account any of your objectives, financial situation or needs. Before you make a decision about whether to acquire a financial product, you should obtain and read the product disclosure statement. NEO Financial Solutions: AFSL 385845 ABN 64 141 607 098. Omnis Financial Planning Pty Ltd ATF OFP Unit Trust ABN 79331585748 is a Corporate Authorised Representative (ARN 1006949) of NEO Financial Solutions Pty Ltd AFSL 385845 ABN 64 141 607 098

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