Grey Space Advisory

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Grey Space Advisory Accounting Firm based in Alexandria

Tax debt can feel overwhelming, which is exactly why some business owners avoid looking at it.But ignoring it doesn't ma...
15/10/2026

Tax debt can feel overwhelming, which is exactly why some business owners avoid looking at it.

But ignoring it doesn't make it disappear.

Start by understanding what you owe, why the debt accumulated and what the business can realistically afford.

Then you can work out the appropriate next step.

If you're behind and don't know where to start, talk to us.

Need a new accountant? Or just feel like you could be getting more from your current one?Come have a chat with us.Whethe...
07/10/2026

Need a new accountant? Or just feel like you could be getting more from your current one?

Come have a chat with us.

Whether you need help with tax, accounting, cash flow or bigger business decisions, we can talk through where you're at and see if we're the right fit.

Book a free call with the Grey Space team.

06/10/2026

Division 7A catches more business owners than almost any other rule, and most only find out when the return gets lodged two years later.

That 67% figure is real, and so is the fix if you catch it before 30 June.

The full video walks through how the rule works and what to do if you're already in one.

Watch it on YouTube 🔗 https://youtu.be/YetVNb1m-4U

06/10/2026

There isn’t one answer that works for every business owner.

Your business structure, profit, cash position and personal circumstances can all affect what makes sense for you.

DC breaks down the difference and what to consider before deciding.
And if you're still not sure how you should be paying yourself, that's a conversation worth having with your accountant.

The financial year might only be three months old, but the calendar year is nearly done.So here's a useful question:What...
01/10/2026

The financial year might only be three months old, but the calendar year is nearly done.

So here's a useful question:
What would need to happen between now and December for you to call 2026 a good year?

Not ten goals.

Pick the one or two things that actually matter and put the numbers behind them.

Your September-quarter BAS is coming up.⁠⁠But before treating it as another compliance job to tick off, use it as a reas...
29/09/2026

Your September-quarter BAS is coming up.⁠
⁠
But before treating it as another compliance job to tick off, use it as a reason to look at what's happened in the first quarter of the financial year.⁠
⁠
How have sales moved?⁠
⁠
What happened to expenses?⁠
⁠
Is cash getting tighter or stronger?⁠
⁠
Are you where you expected to be?⁠
⁠
For standard quarterly reporters, the September-quarter BAS is generally due 28 October, although different arrangements may apply when lodging through an agent.⁠
⁠
Compliance matters. But the numbers can tell you much more.⁠
⁠

28/09/2026

September marks the end of the first quarter of the financial year, which makes it a good time for a quick numbers check.

Start with these three.

1. Revenue vs your FY26/27 target
2. Your current profit margin
3. How much you’re owed in unpaid invoices

Are sales tracking where you expected them to be?

Are you actually keeping enough of that revenue after costs?

And how much of the money you’ve earned is still sitting in someone else’s bank account?

If something looks off now, you’ve still got nine months of the financial year to do something about it.

Don’t wait until EOFY to find out you weren’t on track.

Hiring is one of the biggest growth decisions a business can make.⁠⁠And the salary is only one part of the equation.⁠⁠Be...
25/09/2026

Hiring is one of the biggest growth decisions a business can make.⁠
⁠
And the salary is only one part of the equation.⁠
⁠
Before signing the contract, understand the true cost of the role, what it's expected to contribute and what happens to your cash flow if growth takes longer than expected.⁠
⁠
Sometimes the numbers say hire.⁠
⁠
Sometimes they say wait.⁠
⁠
Either way, it's better to know first.⁠
⁠

Address

Unit 1. 34/90-96 Bourke Road
Alexandria, NSW
2015

Opening Hours

Monday 9am - 5:15pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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