5 Reasons to Consult your Accountant before Changing from Sole Trader to a Company
Here are 5 reasons to talk with your accountant before considering the change. In the world of small to medium-sized businesses in Australia, there often comes a point where the decision to transition from being a sole trader to establishing a company structure needs to be considered. Hey, Kathryn here. I wanted to discuss one …
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 …
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 …
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 …
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 …
Purchasing a Franchise? 10 reasons to contact us first!
Hey guys, I wanted to discuss this week’s focus on “Reasons to contact your Accountant.” Franchising is one of these times, where it’s essential to seek advice from an experienced accountant before you make any final decisions. Franchising can be a lucrative business venture, but it can also be a risk if you don’t have …