Category: Small Business

Is eInvoicing worthwhile for contractors & small businesses?

If you are a small business owner or contractor you may have noticed the recent hype around eInvoicing. If you are wondering what it is all about and whether eInvoicing is right for you, read on. What is eInvoicing? eInvoicing [read more...]

What is a fractional accounting team?

A fractional accounting team or fractional accountant, is a finance department or professional that works on a part-time, retainer, or contract basis. They bring the experience and expertise of a high-level accounting team to your business – without the cost [read more...]

Contractor vs employee: employment and tax implications

Depending on the nature of your business, you may have workers who are employees or contractors, or you may have both. Each has their merits, but it’s important to review which are which in order to meet your tax obligations. [read more...]

End of financial year taxes: the financial benefits of getting it done

It’s understandable that for some people filing their end of financial year tax returns is right down the bottom of the to-do list. It’s one of those jobs that feels hard and often results in tax to pay so people [read more...]

Raising your prices without losing business

As prices continue to rise, you’ve likely noticed that your cost of doing business has increased as well. With that in mind, you may be considering raising your prices. Increasing prices can be delicate, and sometimes a little awkward, so [read more...]

5 steps to streamlining your payroll

Payroll is one of those things that starts out simply enough. You start your business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most [read more...]

Guide to business repairs & maintenance

Repairs and maintenance can be a major cash outlay for an owner of a business or a rental property and hence the ability to claim an instant tax deduction can have a significant impact on the year end tax bill. [read more...]

Guide to Agreed Upon Procedures

What are “Agreed Upon Procedures” and can they be useful for your business, community organisation or body corporate? What are Agreed Upon Procedures? Agreed Upon Procedures (AUPs) are a type of an engagement where a practitioner is hired to test [read more...]

Companies Office annual return requirements: more than you may think

You’d be forgiven for believing you had met your Companies Office requirements when you file your annual return every year. The fact is, that updating the names and address of any shareholder or directors for your company does not fulfil [read more...]

How to build a business you can sell

Many entrepreneurs start their business with the goal of earning an income for themselves, but they often think of the business only in terms of them running it. In truth, there is a huge benefit to starting a business either [read more...]