Read the latest news, get tax advice and keep up to date with our timely and informational short reports.
As a business owner, you’re busy with the day to day running of your business, let alone adding in GST, PAYG, company taxes, fringe benefits tax and personal income tax into the mix. Understanding your real-time cash position, ability to identify fluctuations, plan for tax payments and major expenses will keep your business running smoothly.
If you’ve been one of the numerous small businesses who have received government support or payments by the way of economic help during COVID-19, you might be aware of the extra record keeping or calculations that are required to work out turnover or other reductions.
Saving money is more than a wish. The way to make your savings work is to have a plan. Our short report details how you can plan to save money- and stick to it.
You need to declare all of your income when you lodge your income tax return, including all foreign income.
As a small business owner, you’re busy enough with the day to day running of your business, making sure your customers are happy and paying all the bills. It’s understandable that your focus is there, however, a big part of business is making sure you stay in business. All sorts of things can and do go wrong and a little bit of insurance planning can go a long way to ensure you stay afloat.
In today’s world almost every transaction is virtual, which means it relies heavily on firewalls, anti-virus programs and safeguards to keep your financial data and personal information secure. However for every virtual wall built, there is a hacker writing programs and a scammer in the sidelines planning to steal your data.