What’s new? – Tax changes from 1 July 2022
A number of income tax and superannuation changes relevant to businesses took effect from 1 July 2022, including: temporary full expensing (allows an immediate deduction for the cost of a…
Why you should have a business continuity plan
Need to get a plan in place? We’ll help you look for the risks, challenges and opportunities to continue trading. We’ll also help you put together a watertight business continuity plan #businesscontinuity #riskplanning
How to improve your cash flow 101
The following tips will help you improve your cash flow management. 1. Make sure everyone pays on time by having short payment terms on your invoices and follow up late…
What Makes A Great Accountant?
How do you know if your accountant is not just good, but great? They are curious and ask questions about your business.They talk to you in your language. Accounting and…
Digital Record Keeping
The ATO has highlighted the advantages of keeping your records digitally. If, for example, you use a commercially-available software package, it may help you: keep track of business income, expenses…
Plant growing in Coins glass jar with isolated on white background, money saving and investment financial concept, growth through saving plans and investment schemes
Superannuation guarantee penalties: What happens if your business doesn’t meet its employer obligations
If your business does not meet its superannuation guarantee (SG) obligations, it may have to pay additional penalties or charges on top of the superannuation guarantee charge (SGC). Note! SG…
