#Paperwork
Are small businesses using ATO as bank?
According to national SME finance specialist, Scottish Pacific, many small businesses may be using the Australian Tax Office (ATO) as a line of credit being unaware of alternative funding solutions. Scottish Pacific CEO, Peter Langham said the ATO was owed $35.3 billion in 2013-14 according to a recent report by the Inspector-General of Taxation. “It […]
What to do when your customer doesn’t pay
No matter the size of your business, if you’re offering credit to your customers it’s highly likely at some point you will do work for a customer who will blatantly refuse to pay.
Poor bookkeeping horror story: a bean counter’s tale
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
Five tactics to accelerate your path to compliance
Compliance demands are everywhere, we can’t escape them, and they only seem to be getting worse.
The app taking the pain out of paperwork
It’s a fair bet that paperwork is nobody’s favourite part of running a business, but it’s an essential aspect of it nonetheless.
Small business tax time: what paperwork do you need?
With the final quarter looming, to make tax time less painful, here’s a helpful list of the kinds of information that are useful for small businesses when preparing a tax return.