Category: Small Business Tips
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When should I talk to my accountant? When you’re Buying Big
Hey guys, Nathan here… I thought I would take some time to discuss Capital Expenditure. As a business owner, I know that making decisions on capital expenses can be challenging. It is essential to consider these expenses carefully as they can have a significant impact on your business’s financial health. This is why it’s important…
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What is PPSR? And Why is it Good for My Business
Hey guys, Nathan here. Recently, I was in a conversation with a Bookkeeper and a client, and we were discussing PPSR. It’s important for me to stay up to date with the latest regulations and practices that can impact the financial health of a business. One these is such practice that can be…
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Superannuation Guarantee Payments – What you need to know!
Hey everyone, Kathryn here. I wanted to highlight the importance of making your Superannuation Guarantee payments on time, and even more importantly, in advance of their due date. The Superannuation Guarantee Charge (SGC) can be a costly penalty imposed by the Australian Taxation Office (ATO) on employers who fail to meet their superannuation obligations. That’s…
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5 Reasons to contact your Accountant: Marriage Breakdown
Hey guys, Nathan here. I do want to talk about a rather sensitive topic, and as an Accountant I have seen first-hand that going through a marriage breakdown can be a difficult and emotional time. During this time, it is important to seek professional help to ensure that your financial affairs are in order. My…
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10 Reasons why you should talk to your accountant: Cash Flow Forecasting
Hey guys, Nathan here. As an accountant, I know that business owners should know that managing cash flow is crucial for the survival and success of any business. Cash flow forecasting is a tool that can help you understand your business’s cash position now and into the future by analysing upcoming income and expenses. Cash…
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10 Reasons to Discuss Setting up your Accounting Software with your Accountant
Hi everyone, Sue here, your Xero Hero, and I wanted to discuss implementing your Financial Accounting Software. I understand that as a business owner, managing finances can be a daunting task. One way to make it easier is by using accounting software, but it’s important to set it up correctly from the start. That’s why…
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FBT – What is it, and what do you need to know?
Hey guys, Nathan here. As an accountant, I can understand that lodging your Fringe Benefits Tax (FBT) can be a daunting task for many of my clients. I want to outline the key responsibilities that clients need to be aware of, import dates to keep in mind, and… where to find more information. So, let’s…
