From Christmas cash bonuses to overtime payments, many employers make extra payments to their employees at the end of the year. As an employer, you should be aware of how these payments arerequired to be reported to the Australian Taxation … Read More
Business Owners
Do we really want a cashless society, Australia?
Australia is fast heading towards becoming a cashless society. But there are still segments of society that rely on being able to pay in cash. With this in mind, the Federal Government is proposing new legislation that would make it … Read More
Understanding the ATO’s New Approach to Unpaid Tax and Superannuation
Understanding the ATO’s New Approach to Unpaid Tax and Super In recent months, the Australian Taxation Office (ATO) has made significant changes to how it handles unpaid tax and superannuation. This shift primarily targets businesses that refuse to engage with … Read More
Planning for seasonal dips in income
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re … Read More
The “Must Have” Systems For Your Real Estate Business
Maximizing Effectiveness: The Top Systems Real Estate Agents Should Embrace In the fast-paced world of real estate, agents are constantly seeking ways to enhance their effectiveness, boost conversion rates, and streamline financial management. Leveraging the right systems can make all … Read More
Are you ready for an enterprise resource planning solution?
As your business scales, the complexity of your systems, data and management information will grow at a similar pace. And if you’re using software, apps and systems that are aimed squarely at the small business market, these platforms may begin … Read More
Keeping on top of tax and expenses when self-employed – some tips and tricks
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and … Read More
Harnessing Tech Advancements in Retail: A Guide for Small Businesses
In today’s rapidly evolving retail landscape, technology is not just a tool but a transformative force. For small businesses, embracing technological advancements can be the key to unlocking growth and staying competitive. Among the most revolutionary technologies reshaping the retail … Read More
Key dates for September and October 2024
The new financial year is now already in full swing As a small business owner or manager, don’t forget the key compliance dates that are coming up in the next couple of months. KEY TAX DATES – SEPTEMBER/OCTOBER 2024 21 … Read More
Why you should move to Cloud Accounting
If you’re managing a small business, the chances are that you’re using one of the current crop of cloud accounting platforms. Whether your chosen software is Xero, QuickBooks or MYOB, these online accounting tools are now the standard for business … Read More