Home Finance Tax, Accounting and Bookkeeping

Tax, Accounting and Bookkeeping

How SMEs can turn tax time into an opportunity to grow

Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns...

How SMEs can avoid common financial pitfalls by managing cash flow

Setting up a small business can be an exciting yet daunting experience. By the time you actually launch your business you have likely experienced...

The Australian Tax Office hotspots 2019 – do they apply to you?

Byline: Mark Chapman, the Director of Tax Communications at H&R Block. Every Tax Time, the ATO focusses on certain hotspots where taxpayers are prone –...

Getting ready for the EOFY: A how-to-guide for businesses

By Mark Chapman, Director of Tax Communications with H&R Block With just a few weeks remaining until the end of financial year, many businesses will...

Why do major companies keep getting caught in employee underpayment scandals?

Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees...

$30k Asset Write-Off up for grabs for next month: is your business eligible?

With the end of financial year fast approaching, small and medium-sized businesses are being reminded they could be eligible for an instant asset write-off...

Morrison to prioritise planned tax cuts

Scott Morrison plans to prioritise his promised tax cuts after he settles his new ministry line up, as the nation waits to see if...

What Single Touch Payroll means for your employees

Have you taken the next step and started reporting through Single Touch Payroll (STP)? Employers with 20 or more employees should have already started...

Australian small businesses losing $5.8 billion each year

Insufficient cash flow means lost opportunities  Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half...

Admin ‘killing the dream’ of Australian Small Businesses

Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated...

A guide to managing expenses for small businesses

Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and...

Xero’s Small Business Insights shares key small business findings

The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is...

ATO encourages small business owners to prepare for Single Touch Payroll

The Australian Taxation Office is encouraging small business owners to take some simple steps as they transition to Single Touch Payroll reporting (STP). Single Touch...

Payroll can be simpler for small business owners

The decision to make your first hire is a sign of growth and success; a watershed moment for any business. Unfortunately, for over one-third...

How to achieve a better work-life balance

When you run a business, you can become increasingly isolated from those around you, simply because you are so determined to make it work....

Staying true to the core

There is a special ingredient when it comes to small business success and leveraging this ‘special ingredient’ can make all of the difference to...

Tax tricks for small businesses this EOFY

5 tips to tidy up your tax before EOFY.

Small business hardest hit by rising minimum wage.

The Fair Work Commission today delivered its annual wage review – the highest percentage we’ve seen since 2011. This decision will have a significant impact on all...

Countdown to Single Touch Payroll: everything you need to ask

KEY FACTS Single Touch Payroll (STP) When: 1 July 2018 By: Australian Taxation Office For: Employers with 20 or more employees *The STP will apply to employers with 19...

Ready for STP payroll? The latest ATO update

John Shepherd, Assistant Commissioner, Australian Taxation Office delves into some of the finer detail ahead of the 1 July move to Single Touch Payroll...