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The Australian Tax Office hotspots 2019 – do they apply to you?

Byline: Mark Chapman, the Director of Tax Communications at H&R Block. Every Tax Time, the ATO focusses on certain hotspots where taxpayers are prone –...

Why do major companies keep getting caught in employee underpayment scandals?

Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees...

What are your obligations if an employee is sick during their annual leave?

When most people think of taking annual leave, they don’t anticipate spending that time either sick in bed or in hospital with a family...

$30k Asset Write-Off up for grabs for next month: is your business eligible?

With the end of financial year fast approaching, small and medium-sized businesses are being reminded they could be eligible for an instant asset write-off...

Employers can help stamp out predatory lending

This year we have seen a significant power shift for consumers, with the government investing heavily in heightened financial protections. Through thorough reviews of...

What Single Touch Payroll means for your employees

Have you taken the next step and started reporting through Single Touch Payroll (STP)? Employers with 20 or more employees should have already started...

Australian small businesses losing $5.8 billion each year

Insufficient cash flow means lost opportunities  Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half...

Admin ‘killing the dream’ of Australian Small Businesses

Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated...

National research reveals SMEs’ top five funding frustrations

Around 9 out of 10 Australian SMEs are frustrated about their business funding, naming onerous loan conditions, having to provide property security and a...

How to avoid fake invoice scams 

Cybercriminals are targeting businesses with a new scam that uses fake invoices to trick the business into paying money to the scammer. The invoices...

Banks rejecting SMEs for finance

The challenge of securing bank finance is seeing a growing number of small and medium enterprises (SMEs) turn to online lenders. One in four...

A guide to managing expenses for small businesses

Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and...

Xero’s Small Business Insights shares key small business findings

The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is...

MYOB subject of $1.75bn private equity bid

US private equity firm KKR & Co has launched a conditional $1.75 billion takeover offer.

Staying true to the core

There is a special ingredient when it comes to small business success and leveraging this ‘special ingredient’ can make all of the difference to...

Tax tricks for small businesses this EOFY

5 tips to tidy up your tax before EOFY.

Countdown to Single Touch Payroll: everything you need to ask

KEY FACTS Single Touch Payroll (STP) When: 1 July 2018 By: Australian Taxation Office For: Employers with 20 or more employees *The STP will apply to employers with 19...

Small businesses should live for a budget

Any first time business owner will encounter the world of numbers and sometimes, become stuck among the intimidating and sometimes confusing jungle. Budgets; a word...

MYOB and BPAY collaborate to speed up business payments

MYOB has teamed up with BPAY to offer a new invoice payment method, which was rolled out to MYOB customers last week (May 15),...

A ‘Wiise’ partnership simplifies SME business management

An integrated cloud-based business platform will revolutionise and simplify accounting, payroll, banking and daily operations for Australian small and medium businesses from July 2018.  Combining...