Blog

Last year the ATO scrutinised over 760,000 business operations, resulting in, close to, an extra billion tax dollars for the Australian Government. While an audit can be a good learning experience for business owners, it can also be a time-consuming... Read more

Did you know we spend about 80 per cent of our lives working? Under the Long Service Leave Act 1955, once an employee reaches 10 years of continuous service with an employer, they become eligible for Long Service Leave. This time... Read more

Traditionally designed to reward employees who stayed with the one employer for a period of service, long service leave in this form has quickly became inaccessible to most Australian workers. For workers in the building and construction industry, the thought... Read more

While most people would assume we’re pedal to the metal for tax time, it’s pretty much business as usual. We’ve been discussing tax planning with our clients over the past 12 months. Sure, we’ll give them a gentle reminder to... Read more

Reward for work is a dominant theme in this year’s Budget. The seven year personal income tax plan initially targets low to middle income earners before making significant changes to the tax brackets. While there’s much to be said about... Read more

With 1,440 minutes in a day, it’s no surprise small business owners hustle to make every minute (and dollar!) count. We know tracking financials can be a chore, but it doesn’t have to be. Tell-tale signs you need a bookkeeper ... Read more

When your to-do list is long and time is short, the right tools can make all the difference. Xero Portal is just one simple, easy and legal way to sign declarations without the hassle of printing, signing, scanning and sending... Read more

Understanding your business and using the data to make effective, strategic decisions is vital to the success of your business. And with the help of your accountant and accounting software, you should be able to identify and measure your key... Read more

Huge opportunities for small businesses beckon thanks to online technology and the connections it forges. With this in mind, it’s important you’re equipped to deal with cyber security threats. From phishing scams and ransoms to data hacks and fraud, cyber... Read more

Most business owners wonder how to claim GST for their business. Little do many realise that there are three essential elements to claiming a deduction for a business purchase in your activity statement. Check your eligibility If your business turnover... Read more