Tax, Super and Other Business Changes Coming 1 July
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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Top Warning Signs That Your Business May Be In Trouble
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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Steps to Consider before Buying a Small Business
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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Grow your numbers – Increase transaction value
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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Common Accounting Mistakes: Small Businesses & Startups
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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4 Reasons You Should Really Stop Doing Bookkeeping Yourself
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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What Accounting Service Is Right For My Business?
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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Walking the tight rope – Federal Budget 2022
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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FBT and motor vehicles…
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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5 Important Tips to Avoid Losing Money In Your Business
The goal of a business owner is to make a profit to provide for themselves and their employees. If a business owner doesn’t keep track of their finances, they’re likely
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