You own the company. Your company owns the car.

So surely transferring that car into your personal name is just a matter of changing the rego?

Not quite.

In this video, Nathan breaks down a practical example of what can happen when a company-owned motor vehicle is transferred to a director, shareholder or other related party.

We cover:

🚗 Why you need to establish the vehicle's market value
💰 What could happen with GST
📊 How the vehicle's written-down value can affect the company
🧾 Potential company tax consequences
🚘 Stamp duty and transfer costs
💸 What happens if you don't actually pay the company for the car
⚠️ When Division 7A could enter the picture
📆 How interest and repayments could increase the cost over time

The biggest lesson?

Don't transfer the vehicle first and ask your accountant about the tax consequences afterwards.

Work out what the transaction could actually cost before you make the move.

👉 Need help understanding your business structure or tax position? Visit https://ngraccounting.com.au

#CompanyCar #Div7A #BusinessTax #GST #SmallBusinessAustralia #Accounting #BusinessOwner

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Think You're Too Small to Get Hacked?

Think again.

In this episode of The Profit Generator Show, Nathan Rigney sits down with Chris Luker from e-Flo to discuss why small businesses are often the easiest targets for cybercriminals, how AI is changing the business landscape, and the practical steps every business owner can take to protect their business.

They cover:

✅ Why hackers target small businesses
✅ The true cost of a cyber attaåck
✅ How cybersecurity impacts your reputation and client trust
✅ The right and wrong way to use AI in your business
✅ Why free AI tools can create hidden risks
✅ Cyber insurance and what business owners need to know
✅ The importance of backups, staff training and multi-factor authentication
✅ How outsourcing IT can improve efficiency and profitability

If you're a business owner, professional service provider, consultant or adviser, this conversation will help you better understand the risks, opportunities and efficiencies that technology brings to your business.

Connect with Chris Luker & e-Flo

🌐 www.e-flo.com.au

e-Flo helps businesses with IT support, cybersecurity, cloud solutions, backups and proactive technology management so business owners can focus on what they do best.

Connect with Nathan Rigney

🌐 www.ngraccounting.com.au

Nathan Rigney is an accountant, business adviser, Profit First Professional and founder of NGR Accounting and The Profit Generator Show.

Nathan works with business owners to improve profitability, strengthen cash flow and build businesses that create freedom, not frustration.

👍 If you enjoyed this episode, please like, subscribe and share it with another business owner.

#TheProfitGeneratorShow #NathanRigney #eFlo #CyberSecurity #SmallBusiness #BusinessGrowth #ProfitFirst #ArtificialIntelligence #BusinessAdvice #BusinessOwner #AustralianBusiness #ITSupport #CyberInsurance

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

The Federal Budget has landed… and there’s a LOT business owners and investors need to understand.

Over the past week, I’ve been breaking down the biggest Budget announcements across a series of reels - so we’ve stitched them all together into one longer-form video to help you understand what this could actually mean for you moving forward.

In this video, we cover:
✔️ Capital Gains Tax changes
✔️ Negative gearing updates
✔️ Family trust changes
✔️ Instant asset write-offs
✔️ Property investing impacts
✔️ Business tax implications
✔️ What small business owners should be paying attention to now

Some of these proposed changes could have a major impact on:

• investors
• business owners
• family structures
• property decisions
• future tax planning

But remember - not everything has passed legislation yet, and every situation is different.

The biggest mistake you can make right now is making emotional decisions based on headlines instead of getting proper advice and understanding your numbers.

If you have questions about how these changes may affect your business, investments or structure, reach out to the team.

Because we actually give a shit.

👇 Let me know in the comments:
Do you think these Budget changes help or hurt small businesses in Australia?

#Budget2026 #SmallBusiness #Tax #NegativeGearing #CapitalGainsTax #BusinessAdvice #AustralianBusiness #PropertyInvestment #Accounting #ProfitFirst #TheProfitGenerator

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.