As we round out another year, we’re excited by what 2017 holds for business. There’s change in the air and it only means good things for you. Looking back at the year that was, there are 5 significant changes that occurred this year that will shape 2017 and beyond for you. Small business and company tax breaks The Government … Read More
CGT + business sales: how you can benefit at the right time
We all know it takes years of hard work and effort to reap the benefits from a successful small business. If you’re considering selling your business, it’s crucial to approach it correctly or risk losing the benefits of your hard work. Timing is critical The earlier we can establish the value of your business, the more opportunity to make … Read More
Spotlight on: Employees and compliance (Guest Blog from Cooee)
Would you be surprised to hear that almost 80% of SMEs in Australia do not have legally compliant employment contracts and workplace polices? Are you in the 20%? Employment agreements and policies work together to clearly define the expectations between employers and employees. Basically if you don’t specifically set the rules and standards in your policies – there are no … Read More
Staying afloat in a cash poor business
The cashflow cycle is extremely crucial to any business, and the ability to stay afloat comes down to understanding your business cash flow cycles and managing this accordingly. Most business owners see growth as the solution to a cash-flow problem. That’s why they often achieve their goal of growing the business only to find they have increased their cash-flow problems … Read More
2 minute read: Easy tips to save you time
As a small business owner, we know ‘time is of the essence’. And while there never seems to be enough of it to go around, we’ve got some simple time-saving tips to reorganise your work life and maximise your free time. Embrace technology We’re lovers of technology. We love using the latest technology to improve our clients (and our own) … Read More
Spotlight on Payroll: Overcoming the complexities of Payroll
Continuing on with our October Payroll blog spotlight, this week we’re delving deeper into Payroll and the complexities around Payroll. Payroll can be challenging, regardless of the size of your business. Changes in state and federal tax and employment law can make Payroll and Payroll tax complicated and time-consuming. But being aware of these common complexities will ensure you manage … Read More
Spotlight on Payroll: The what, the how and the when of Payroll Tax
As we round out the last half of the calendar year, we thought we’d talk Payroll. We always get a lot of questions about Payroll, so our October blogs will cast a spotlight on Payroll. This week we’re talking Payroll Tax: What it is, how to find out if you’re liable to pay it and when. What is Payroll Tax? Payroll … Read More
How to avoid audit agony
For most small business owners, the thought of getting an audit notification from the ATO is horrifying. But if you’re well prepared, patient and co-operative audits don’t have to be as painful as they sound. The ATO orders audits based on suspicion of incorrect or fraudulent tax returns. Audits can involve varying degrees of scrutiny, from a simple phone call … Read More
7 exciting updates from Xerocon South 2016
Last week Stu and Kurtis packed up and headed north to sunny Brisbane for Xerocon South 2016. We joined other accountants and finance professionals to hear loads of exciting announcements, updates and innovations for advisors (that’s us!) and end-users (that’s you!) across the two day event. Overall, Xero in 2016 and beyond is moving towards a more automated and intuitive … Read More
5 apps we love for better business
We know running a business can be time consuming and with so many things to juggle, there doesn’t seem to be enough hours in the day. So we thought we’d ease some of that pain with our five favourite apps to make business life a little easier. Deputy Deputy is leading super smooth employee scheduling and workforce management software. Great … Read More