High inflation is hitting businesses and households hard in 2022. Across the world, inflation is running high, due to pandemic disruptions, monetary stimulus and supply-chain issues. Broadly speaking if inflation
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For Your Business Superannuation guarantee increase to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5% on 1 July 2022 and will continue to increase by 0.5%
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It can be scary to have your own business. In the grand scheme of things, only a handful of new businesses make it past a year, and after that, not
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Buying an existing business may be easier compared to starting one from scratch. You don’t need to worry about setting up equipment, finding suppliers, finding customers and negotiating contracts. Instead,
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The endless pursuit of new customers to grow a business often distracts us from looking after our existing ones. This pursuit can unintentionally cause a downward spiral. Spending more on
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No matter the size of your business, you will face the same type of accounting challenges as everyone else. Unfortunately, small businesses and startups have a smaller margin of error
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Many business owners today seem to think they can and should do their own bookkeeping. This can be for a few reasons, such as trying to save money or simply
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Outsourcing accounting services to a third-party provider might seem like a good idea, but finding the right one is challenging. Some firms offer a broad range of services, while others
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It is an election year after all, so why would we not expect a budget announcement with cash enticements? The total cost of this budget is forecasted at $17.1 billion
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The end of March is fast approaching, the finish line of the Fringe Benefits Tax (FBT) year. Documentation will be more important than ever this FBT year, as the ATO
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