by Financially Sorted | Sep 1, 2023 | Business, Small Business, Tax & Accounting
People can experience cash flow problems for various reasons, and these issues can affect individuals, businesses, and organisations. Common reasons why people might have cash flow problems: Irregular Income: People with irregular income sources, such as freelancers...
by kirstyb | Nov 30, 2022 | ATO, Business, Small Business
It can be hard to know when to register GST for your business. Were here to break it down in simple terms on what do to. Many businesses in Australia are registered for Goods and Services Tax (GST) however, there are businesses that fall below the $75,000 GST...
by kirstyb | Nov 29, 2022 | ATO, Business, Business Support, Single Touch Payroll, Small Business
If you haven’t already, you should now be preparing to report the additional information required for Single Touch Payroll (STP) Phase 2. Your digital service provider (for example, Xero) has now released the changes in stages to help you transition to STP Phase 2....
by kirstyb | Nov 2, 2022 | Business, Business Support, Small Business
You can claim a deduction in the income year you incur expenses for your rental property that relate to the management and maintenance of the property, including interest on loans. It is important to know what tax deductions you can claim on your investment property....
by kirstyb | Sep 21, 2022 | Business, Business Support, Small Business
Time to Apply for a Director ID Number is now. Be Aware, Time is Running Out – 30th November 2022 is fast approaching! Director Identification Number As part of its Digital Business Plan, The Australian Government announced the full implementation of the...
by kirstyb | Sep 1, 2022 | Business, Business Support, Small Business
We have all gone through a horrid time over the past 2 and half years. As such reviewing where your business is, you may need to restart it. Here are some tips to understand if your business need a restart? Let’s Review When reviewing what has happened &...
