Latest Blogs
Jobmaker Hiring Credit: how does it work and who is eligible?
The JobMaker Hiring Credit will assist to boost the growth in the employment of young people during the Coronavirus recovery. The JobMaker Hiring Credit will provide the businesses incentives to take on additional young job seekers. The JobMaker Hiring Credit is...
Facts About Bookkeeping Services For Small Businesses
You’ll definitely find your business running more smoothly with a professional bookkeeper’s assistance. Bookkeeping is the process to record transactions that are made in the business. With the assistance of bookkeeping, the business owner may analyze whether the...
Updates in JobKeeper Payment and Grants during COVID-19
Under Victoria’s Business resilience package announced by Prime Minister, some of the grants will be exempted from income tax; still, its legislation is due. BY GOVERNMENT The extension and alternative tests have been confirmed with JobKeeper 2.0 details. The...
Accounting for Startups: Why your business needs bookkeeping services?
Do you need to know about learning the services that you will require to run your business smoothly, being a startup? To simplify your business, do you need to invest from your startup business to get the services of a bookkeeper for your business? As the start-ups...
Tips to Find the Best Tax Preparer near You
While choosing an accountant, you must rely on one who suits you and your business. Some of the accountants are specialized in tax returns for individuals or businesses of a specific industry and others in specific areas of tax. According to a survey, about a third of...
How to Write a Business Plan to Start a business
All the businesses must follow a written business plan, Isn’t it? Some businesses require business plan to attract investors or some to provide direction. In all the scenarios, a business plan plays a significant role for the success of an organization. An efficient...
New Rules in Jobkeeper 2.0
The treasurer released the detailed rules that deal with the extension mentioned in the JobKeeper scheme till March 28th, 2021.The guidance by ATO and the explanatory statement flesh out the previous wordings of the treasury on the manner in which the JobKeeper Scheme...
Successful Ways To Reduce Cost in Business
Cash flow management is an important task under which the entrepreneurs are buried. In order to grow the profit margin, business owners focus on bringing more income. At the time of an uncertain economy when each penny counts, even the smallest increase or reduction...
September 2020 Guidelines for COVID-19 affected business
Has your business discredited due to the COVID-19 scenario? You must understand the value of a business, if you are merging, selling, acquiring or inviting new investors. Do you know to what degree does the pandemic influence on value? Should you hold the company to...
How bookkeeping services can bring success for small business
Growth is a basic requirement of all small businesses. However, if you want your business in the growth pace to reach the desired goals, you must have certain tools that aid your business to bring success. Bookkeeping services are one of these tools. While trying to...
Here is crucial Assistance for your Business
JobKeeper 2.0 The authorities have declared changes to the scheme of JobKeeper. The workers, who missed out JobKeeper as they were unemployed on 1 March 2020 could be eligible now. These alterations will enable the employees on July 1, 2020, to get JobKeeper payment...
Does My Small Business Need a Bookkeeper?
This question arises in the mind of many entrepreneurs that either they need a bookkeeper for their small business or not. They might feel like expense on bookkeeper is not much significant. There are definitely some advantages to hiring a professional Bookkeeper...
In-House vs Outsourced Bookkeeping: What’s Right For Your Business?
In-House vs Outsourced Bookkeeping: Bookkeeping and accounting are the most crucial parts of every business either small or large. Many of the businesses outsource their bookkeeping services: however, others prefer to do it in-house. Before moving on with the...
Tips to Prevent Payroll Problems and Reduce Errors
Payroll It is one of the most critical tasks to manage the payroll and it is face by entrepreneurs. The business owner must also ensure that you abide by the laws and regulations for your business. As the labor regulations and litigations are on the rise, blunders in...
Bookkeeping Mistakes Small Businesses Should Avoid
Many of the small and medium businesses fail to fulfill the basic requirements of businesses while expanding their businesses. It can put the business at risk if not dealt in an efficient manner. This is an opinion of many of the businesses that accounting is just a...
Tips for Effective Small Business Bookkeeping
small business bookkeeping tips One of the reasons why startups tend to fail is the fact that they don’t have the right small business bookkeeping practices. Bookkeeping services are known to give businesses an objective look at what is happening in their business....
How to Lodge and pay for Tax
You must lodge a tax return every year for your business. It could be also required to lodge business activity statements in a regular manner. It depends upon the structure of your business that how you lodge the tax returns along with the options for tax payments....
Why Intangible Assets (IAS38) matter?
Intangible Assets (IAS38) The companies incur higher costs in the expectation of getting benefits in the future. For instance, organizations pay salaries to App Developers, who develop applications. It is not relevant to put these salaries in profit or loss statements...