Tax planning is essential to ensure everything is covered when preparing your taxes. It can help you achieve your business goals and objectives, save money on accountant fees, reduce tax liability, and make life easier for you and your accountant! … Read More
All businesses need to be prepared for further expected rises in inflation, interest rates, fuel costs and staff costs, not to mention the effects of what’s happening globally. How that will affect small to medium business will be anyone’s guess. … Read More
Start thinking about your FBT obligations The 2023 FBT year ended on 31 March, so it is now time for employers to get ready to lodge their 2023 FBT returns, where they have provided benefits to their employees (or their … Read More
For many people, their first introduction to accounting is when they start working. But if you’re running a business, especially if you have employees, then an excellent accounting system can help you achieve better results for everyone involved. Your business … Read More
When you start a new project for your clients you probably have certain routines to get them up and running. Everything runs a certain way when you do business, from quoting for the job, scheduling it in your calendar of … Read More
You’ve got a business plan. It’s a great way to describe what you do and how it will work, but maybe it isn’t always the most useful tool for running your business. Your plan is really just a tool that … Read More
The Administrative Appeals Tribunal has held that a builder was unable to receive a refund of GST incorrectly charged on the sale of a residential premises that had been rented for just over five years since construction was complete. The … Read More
If you’re a business owner, you need to have an accounting system that is optimized. This will allow your company to track its finances, sales, and profits. But why should accounting be such an important part of the equation? In … Read More
The ATO is reminding employers that their holiday casuals may now be eligible for super. From 1 July 2022, employers need to pay super for employees at a rate of 10.5%, regardless of how much they are paid, because the … Read More
The turn of the year is typically a reflective time and a time to plan. Something about that lull between holiday festivities and New Year’s Eve sets the stage for introspection and review. While you’re busy reflecting on the year … Read More