The due date for your Taxable Payment Annual report (TPAR) is the 28th of August for the last financial year. TPAR tells the ATO about payments that have been made to contractors providing services. You may need to lodge a TPAR every year is you are a: Business…
Invoicing as soon as possible for products and services provided should be a high priority within your business. Invoice management will be a crucial part of your business – as they say, cash flow is king and you can’t get paid if you have not invoiced! While…
If you switched to SingleTouch Payroll before the end of the financial year, there are a few new changes to be aware of. The way you now report the tax and super information for your employees have now changed. Single Touch Payroll (STP) is available through most…
When you’re running a business, there’s plenty to take care of and handle. For many small business owners, this means taking up the responsibility of all aspects of the business. One such area of the business that many small business owners look to outsource is managing the finances…
When people look at starting their own business, the decision is usually driven by a particular passion. Whether it’s a love of coffee, fashion, design or helping others, there’s a good chance that a part of that passion doesn’t include accounting (unless of course, you’re starting your own…
There is a lot to consider when running your business. Especially when it comes to numbers and figures, it can be easy to feel inundated with information to ensure that you stay compliant. One of the biggest changes coming to small to medium businesses at the start of…
No matter what industry you are in, having a professional bookkeeper to help you is important. A good bookkeeper will help your business to stay afloat as well as help you with day-to-day accounting needs. But, how do you find a good bookkeeper? What makes a good bookkeeper?…
Whether you’re running a business or whether you’re working for an organisation looking to implement some changes, you may be looking at your finances. One thing that many businesses forget is their record keeping or bookkeeping. Tracking your expenses and income in a business is one of the…
