Do you understand your Financial Statements? If not, you’re not alone. It’s crucial for small to medium business owners to grasp these financial documents, as they serve as a window…
Author: admin
Tax Planning: how you can work smarter – not harder!
You may have heard of the term ‘Tax Planning’– but do you know what it is or how it can help? Essentially, Tax Planning is taking control of your money…
Why Outsourcing Payroll Can Benefit Your Business
Managing payroll can be a time-consuming and complex task for small business owners. While it may seem cost-effective to handle it in-house, there are several compelling reasons why outsourcing payroll…
Do you really need a Bookkeeper? After all, you’re perfectly capable of managing your finances, right?
Did you know hiring a bookkeeper can actually save you money in the long run and this valuable service can benefit your bottom line. As a business owner you have…
Working From Home (WFH) Deduction Changes for 2022–2023
The Australian Taxation Office (ATO) announced a revised “fixed rate method” allowing WFH expenses to increase from 52 cents to 67 cents per hour from 1 March 2023. The revised…
Single Touch Payroll Phase 2
STP Phase 2 is an updated version of Single Touch Payroll, a reporting measure that was introduced back in 2018/2019. STP-2 is an expansion on these payroll reporting features making…