Home/Tag
Tag · 12 stories

#Accounting Advice

Featured

Let’s Talk: Can a business owner foresee and avert common accounting issues at the right time?

We asked our experts in this week’s Let’s Talk about the most frequent accounting errors made by small business owners and how to prevent them.

Yajush Gupta · 2 min
Accounting

How to get on top of your tax-time obligations

A third of small business owners are still keeping their receipts in a shoebox, according to a new survey. If this sounds familiar, these time-saving tips will help you get ahead in the next financial year.

Jason Fryer · 2 min
Locked

10 tips to get you tax-time ready

EOFY is just a matter of days away, so what should you rush through before 30 June and what’s best left until the next financial year? Here’s a look.

Guest Author · 2 min
Accounting

10 tips for a headache-free EOFY

As the EOFY fast-approaches, business owners are being urged to get their financial paperwork signed, sealed and delivered well before tax-time and reap the rewards over the long-term. Here are 10 tips to get you ready for 30 June.

Derya Goren · 2 min
Accounting

SMBs prefer cleaning the office fridge to tax reporting

With June 30 closing in, experts warn thousands of business owners may miss out on tax concessions and run of the risk of paying too much tax as EOFY confusion continues to reign.

Claire Hibbit · 2 min
Cashflow

How to respond to an ATO Director Penalty Notice

A struggling company can quickly become a serious liability, and the flow-on effects can impact on a director’s personal assets. Here’s a look at one way a director can become liable and what can be done to avoid it.

Steven Kugel · 2 min
Accounting

Five steps to a successful new financial year

It’s just six weeks to June 30, meaning it’s time to make sure you’ve dusted off your business plan and are thinking about how you can shine in FY2013. Here’s how you can prepare for the coming financial year in five steps.

Bernard Tanner · 2 min
Advice

EOFY black spots found in SMBs tax knowledge

Last financial year, the ATO evaluated 1.4 million SMBs against its risk detection systems, which led to 16,000 being investigated. Here’s how to plug your EOFY knowledge black spots and escape the attention of the tax office.

Kristy Sheppard · 2 min
Advice

Preparing for the EOFY: 12 expert tips

The end of the financial year (EOFY) is less than eight weeks away now, and it’s important small business owners know what tax obligations and changes need to be accounted for, before June 30.

Brad Callaughan · 2 min
Cashflow

EOFY is coming – are you up to speed?

Did you know that this upcoming EOFY is one of the most compliance-heavy years we’ve seen in some time. Daunting, huh? Here’s a look at what you need to be aware of.

Kristy Sheppard · 2 min
Accounting

Decoding accounting lingo and jargon

WIP, Coy, IWO – what does it all mean? Here’s a decoded list of the accounting lingo and jargon SMBs come up against every day.

Janna Fikh · 2 min
Cashflow

The how-to guide to tax planning

March is upon us again, and this means just one thing – tax season is near! Here’s what you should be doing now to prepare your business for the end of the financial year.

Brad Callaughan · 2 min