HMA Twomey :: Chartered Accountants
 

Benchmarking

Have you ever wondered how your business performs compared to your competitors? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? What is the average bottom line of your competitors?

Survival in today's business climate requires you to spend more time working on your business rather than in the business.

We can provide you with accurate, timely and informative benchmarking reports - allowing you to:

  • See how your business compares against your competitors
  • Understand how the rest of your industry works
  • Analyse the key performance indicators of your industry

Armed with this information, we'll work with you to develop action strategies to improve your bottom line.

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Do you have a Higher Education Loan Program (HELP) debt?

From 1 January 2012, the government is changing the HELP voluntary repayment bonus, applied to payments of $500 or more, from 10% to 5%.

To take advantage of the 10% bonus, you will need to ensure your voluntary repayments are received by the Tax Office on or before 31 December 2011. To ensure payments are received in time, you should check with your financial institution for processing deadlines.

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