Blog
Christmas Parties and Presents - and Tax!
Planning a Christmas party? Giving gifts to clients and suppliers? Paying a Christmas bonus? Talk to us to see if you can claim all or part of the cost as business expenses. Don’t get caught out by tricky entertainment rules!
How to raise your prices
As prices continue to rise, you’ve likely noticed that your cost of doing business has increased as well. With that in mind, you may be considering raising your prices – as you should.
The differences between wages, salary, commission and bonuses
There are a few different methods that employers use to pay their employees, and while they may have similarities, they each also have their own implications…
Small Business and The Bookkeeper
Bookkeeping plays a vital role in small business operations….
How to manage payroll effectively
Payroll is one of those things that starts out simply enough. You start your business, hire a few employees, and things tick along pretty well.
Considerations & Changes for the 2023 Financial Year
With the New Financial Year having started on 1st July 2022, there are new and updated changes and obligations for employers
Reasons to Switch to Cloud-based Accounting
If you’ve been considering making the move to a cloud-based accounting system, you’re not alone. Cloud technology has impacted many business functions, including making managing financial aspects of your business easier and more efficient.
Updating Your ABN
It can be an easy oversight to forget to update the ABN details in the Australian Business Register (ABR) when your business situation or circumstances change.
Differences Between an Accountant and a Financial Planner
When it comes to managing your finances, there are two professions that can help you understand your numbers, and ensure you have a plan to get to where you want to be. Accountants and financial planners can
How to make Work-from-home Work for your team
More companies are exploring their options when it comes to employees working remotely. There are numerous reasons for doing so:
Guide to Digital Transformation – Cyber Security
Many businesses have successfully made the transition to digital and are thriving! The small business landscape is slowly being transformed as businesses continue to use the wealth of information and resources available via government, software programs and industry groups.
Car Allowances and Withholding
Are you an employer who pays a car allowance to your employees? Did you know that you may have to withhold tax from their allowance?
GST & Gift Vouchers
Do you sell or buy gift vouchers in your business?
Getting the GST treatment right and knowing when to report the GST when buying or selling a gift voucher is important.
Understanding Australia’s Director Identification Number
All you need to know about the Australian Director Identification
Employment Contract Tool
Business.gov.au have created a build your own employment contract, for an employee under Australia’s Fair Work System, that is tailored to your business needs. Making your employee’s pay and conditions clear from the start can help protect your business in the long term.
Tax implications of Cryptocurrency
With cryptocurrencies gaining notoriety, many people are unclear on how or when they can be taxed. Despite widespread belief to the contrary, you can be taxed on