by Tracy | May 7, 2024 | News, Tax
Understanding tax payments can feel tricky so we’ve broken down the basics of Provisional Tax and Terminal Tax. These two tax types are essential to managing your business finances and understanding them can help you avoid the infamous ‘second year tax...
by Tracy | Apr 23, 2024 | News, Xero
Regular bank reconciliations are an important part of managing your finances. They are the process of matching the transactions in your financial records with those recorded on your bank statement. This is a critical process that helps identify and rectify any...
by Tracy | Feb 26, 2024 | Business, News
Running a business will always mean incurring certain expenses, or ‘spend’. Whether you’re a large family business or a small fledgling startup, there will be costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash...
by Tracy | Feb 22, 2024 | Business, News
The Workplace Relations and Safety Minister has announced that the adult minimum wage will be rising to $23.15 per hour from 1 April 2024. – a 2% increase from the current hourly rate of $22.70. Brooke van Velden had initially proposed a 1.3% increase, while the...
by Tracy | Dec 18, 2023 | News, Tax
As we approach the end of the year, it’s crucial to stay on top of both your tax obligations and any government assistance payments you may be receiving. We’ve compiled a comprehensive guide to help you navigate through upcoming tax deadlines and changes...
by Tracy | Oct 31, 2023 | Business, News
In tough economic times, small businesses can struggle. Big multinational chains often have the scale to undercut local competitors and survive even when times get tough. What can small businesses do to retain and attract customers in a competitive market? Identify...
