Your business may be selected for ATO’s PAYG withholding compliance test
From 1 July 2023, the ATO commenced an activity statement lodgment reminder program wherein 3,000 employers will be…
Sharing economy receipts now reportable directly to ATO
Recent amendments to legislation will require operators in the sharing economy to report income earned by sellers on…
Understanding Your Profit and Loss Statement
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes…
Understanding Your Balance Sheet
To understand the financial position of a business at a specific point of time, look at the balance…
Fringe Benefits Tax and Business
Benefits provided to employees or their associates in addition to salary or wages are known as fringe benefits.…
Offering Salary Incentives to Staff
Are you thinking about offering incentives to staff in the form of salary packages? Sometimes the terms 'salary…
Keeping your data safe as a remote worker
Using public WiFi in cafes, hotels and coffee shops is something we all do. It’s convenient and gives…
Is your business focused enough on cyber-security?
We live in a digital world where our company’s data and (crucially) our customers’ data is under constant…
5 ways to get in control of your business finances
Having proper control of your business finances is a big advantage. It helps you make well-informed business decisions…