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E-commerce Bookkeeping

Date: April 8, 2022
Categories: Bookkeeping
E-commerce Bookkeeping requires extra care and focus to maintain and keep the books in order. If the responsibility to manage E-commerce Books were given to be a general bookkeeper, the books might become messy within a few weeks if not taken care of regularly. This business requires specialised boo ...
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Corporate Australia & Tax Compliance for large group or MNC

Date: April 8, 2022
Categories: Business Service
Tax ComplianceTax Compliance determination of large corporate groups is never simple.There are inherent risks due to the business complexity & uncertainties around the law.The behaviour of large corporate groups/MNCs in recent times was seen as avoiding tax in Australia by shifting the pr ...
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ATO Update (April 2022)

Date: April 8, 2022
Categories: Monthly Update
Tax Relief for Flood-Affected CommunitiesThe below relief measures are announced to alleviate pressures of small businesses & individuals in flood-affected areas of QLD & NSW:Additional time to meet any upcoming BAS/IAS obligations.Option to vary the quarterly PAYG Income Tax Instalme ...
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SMSF Income Protection Insurance

Date: April 8, 2022
Categories: Superannuation
Income protection insurance can provide a safeguard when you become sick or injured and are unable to work, leaving you unable to make your usual SMSF contributions.What is SMSF Income Protection Insurance?Most industry and retail super funds offer default income protection insurance for thei ...
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Is Seeking Out a Financial Advisor Worth It?

Date: April 7, 2022
Categories: Financial Planning
Good financial planning is about doing the small things consistently over time. Most of us have the question of whether “Am I on track? Will I have enough?” This requires reflection on both what we want to achieve for ourselves and what we want to leave as a legacy for children or other family m ...
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Federal Budget 2022-23

Date: April 7, 2022
Categories: Federal
The Federal Treasurer Josh Frydenberg delivered the Australian Budget 2022-23 on 29 March 2022. This budget aims to create jobs, develop infrastructure, guarantee services and provide confidence to Australian businesses.We are delighted to bring highlights of the budget that will impact the business ...
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Consolidation of Income Tax Returns

Date: March 9, 2022
Categories: Business Service
Lodgment ObligationsThe head company of a consolidated group lodges a single income tax return on behalf of the group.Where a group consolidates part way through an income year, the head company lodges a single return covering both its own activities up to the date of consolidation and the gr ...
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Inflation and Asset classes

Date: March 9, 2022
Categories: Financial Planning
Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more fo ...
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Latest Annual Stats – SMSF Sector Continues to Grow

Date: March 8, 2022
Categories: Superannuation
The ATO has released its annual statistical overview of SMSFs for the 2019-20 financial year based on SMSF annual returns in addition to 2020–21 information from registrations, wind-ups, and auditor contravention reports.Highlights include:598,000 SMSFs holding $822 billion in assets, with ...
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Cash Flow Management

Date: March 6, 2022
Categories: Bookkeeping
Cash Flow Management is one of the biggest secrets of small companies and is essential for them to succeed.Cash plays a vital role in small businesses. Do you know the reason why?Cash helps the small businesses to go on with less profit or no profit for the long term. If the businesses do not have e ...
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