SMTA Sydney Mobile Tax Accountants

During an economic downturn, focus on protecting cash flow, reducing fixed expenses, and securing your primary income.

1. Secure Cash Flow & Liquidity
Build a high-yield cash cushion: Target 3 to 6 months of essential living expenses in an accessible high-yield savings account. Liquid cash prevents you from selling investments at a loss during a market dip.
Pause non-essential debt acceleration: If you are paying extra toward low-interest debt (e.g., a 3% mortgage), consider diverting those extra payments into cash reserves until conditions stabilize.

2. Audit Fixed & Variable Spending
Perform a zero-based expense audit: Review the last 90 days of bank and credit statements. Categorize expenses into "Must-Haves" (housing, utilities, basic groceries) and "Nice-to-Haves" (subscriptions, dining out, passive memberships).
Trim recurring leaks: Cancel unused subscriptions and negotiate lower rates on recurring bills like internet, auto insurance, and mobile plans.

3. Protect & Diversify Income
Strengthen primary income: Focus on high-value, visible work at your current job. Document key accomplishments and impact to maintain stability during potential restructuring.
Explore secondary income streams: Build alternative revenue channels—such as freelance consulting, gig work, or selling unused assets—to reduce reliance on a single paycheck.

Welcoming Kaven, a young and inspiring Tax auditor to the SMTA Sydney Mobile Tax Accountants team. Standing at 1.83cm and a qualified Tax and financial planner. Under our teams Specialised skills your business is safe with us. You can make a booking with us at www.smta.com.au | Come visit us at 40 Harris st, Fairfield nsw | www.smta.com.au | 1300 032 752

Our newest team member Accountant/Marketing Miss Vy!
SMTA Sydney Mobile Tax Accountants is Prepping our team so you have the best when you visit us. From Business/Company setup, SMSF, Payroll, Property Tax, to Advisory and debt management, our team is ready to help. 40 Harris st, Fairfield NSW

Your Business is safe with us.

visit our website to make a booking www.smta.com.au

It was lovely meeting Jason Chan and Anny Tran from Zero Mortgage today. Beautiful energetic kind souls who are out there connecting the community.

SMTA Sydney Mobile Tax Accountants is more than happy to join on your next events! Keep up the great works guys and see you soon!

Free workshop to learn how to manage your business finances. Learn how to pay employees, how to stp payroll, how to keep track of invoices, produce end of year reports. Learn how to manage your Accounting needs yourself. Hosted by James Tran Director of SMTA. 20 seats available, Please bring your laptop. Meetup event to learn on how to better manage your business finances. This is an all english session. Reserve seats here https://www.facebook.com/share/1dZobFWEap/ (20 seats available)

Business and Coffee! Whats better than that? Meet this 29 August and just share contacts! Thinking about starting up? Awesome! Lets assist one another. Like minded business people, startups, new entrepreneurs lets me up this Saturday 29 August 12 noon at Canley Vale and meet other like minded people over coffee.

sign up here ---> https://www.facebook.com/share/18CePrGwf4/

Easy no format meetup exchange. Meet James from SMTA Sydney Mobile Tax Accountants Richard from Richard Property Adviser Nikki from Bella Grace Australia Sam from Golden Cherry and we’re gonna have a big conversation, create ideas, share recommendations and business tips, and just have fun!

Share your story, meet other business people, grow your networks.

Sat 12 noon at 21 canley vale rd, canley vale Golden Cherry Cafe.

Rules: just attend 😇