The end of the financial year is one of the most anxious times for Australian small businesses, with many reporting bewilderment at the complexity of tax reporting in the latest American Express Tax Time Survey.
Julian Smith blogs about the importance of looking beyond the end of the financial year.
“Yep, I know time is scarce – you’re already flat out trying to wrap up this financial year and time to plan ahead looks hard to find – but do try to set the time aside, as it will give you the opportunity to set your business up to start the new financial year on the right foot.”
While the end of the financial year can sometimes be a rushed haze of numbers, money, stock and papers, I think it’s important to take some time to reflect on the year that has just passed.
Happy June! The end of financial year ‘EOFY’ is almost upon us!
I know that, for some of you, today signals added stress and more pressure. But that doesn’t need to be the case.
We asked our expert blogger Adrian Raftery (aka Mr Taxman) for his top tips on strategies to implement before the end of this month to reduce your tax. Whether you’re a business owner or an employee, there’s something for everyone.
We asked our expert blogger Adrian Raftery (aka Mr Taxman) for his top tips on strategies to implement to reduce your tax. Whether you’re a business owner or an employee, there’s something for everyone.
Employers are warned about a potential spike in staff turnover as the end of the financial year means staff bonuses and salary changes start hitting employee bank accounts.
Almost half of all Australians are planning on paying off their personal debt with their 2010 tax return, a survey undertaken by Officeworks has shown.
With the end of the financial year upon us, it’s a good opportunity to celebrate! Granted, it’s not a traditional time of celebration, but it can be a great time to recognise what you have achieved and give yourself and your team a pat on the back.
As the 30 June 2010 year end approaches, the Institute of Chartered Accountants in Australia (the Institute) has released practical guidance to address the key issues impacting preparers of financial reports, auditors and audit committees with their year end professional responsibilities.
