Under new ATO requirements, not-for-profit organisations (NFP) including charities, sporting clubs and more will need to submit an annual self-review to confirm their tax-exempt status. Previously, NFP were not required to report to the ATO. These changes to do not …
End of Financial Year Planning for Business
As the end of the financial year approaches, it’s time to start planning for tax season. Whether you’re a director or a business owner, there are several steps you can take to maximize your tax refund and ensure that your …
Superannuation: A simple guide for Employers
Superannuation, is an essential part of every employee’s financial future. As an employer, it’s your responsibility to make these compulsory contributions. But, managing super payments can be a complex task. This is where accounting software comes into play. In this …
Benefits of Cloud Accounting Software
As a director or business owner, you’re aware that accounting is a pivotal component of your operations. It’s instrumental in tracking expenses, planning budgets, and gauging your company’s performance. With the advent of technology, leveraging cloud-based accounting software has become …
The Benefits of Cloud Payroll for Your Business
In today’s digital age, one of the best ways to save time and money while increasing efficiency is to go paperless in your payroll system. Cloud payroll software is a great way to streamline the process. Time and costs associated …
Inflation can be a challenge for small businesses. Here are some tips to help you manage it and keep your business afloat.
Inflation is a natural part of the economy and can have a wide range of effects on a small business. Rising prices can put pressure on owners and directors, making it difficult for them to maintain profitability. It is important …