How To Get on Top of Cash Flow Once and for All

Posted on: 27 October 2021
As a small business owner, you may work long hours, provide great service and have a good reputation. However, it appears that you are still struggling to make ends meet and may frequently run into issues with cash. How could this happen, and what can you do to make life a lot easier? Cash Flow  In most cases, problems like this are caused by an inadequate cash flow. You may have heard of the term and realise that it is an accounting issue, but are unsure how to manage the situation properly.
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Does Your Tax Return Match What the ATO Expects to See?

Posted on: 1 July 2021
While nobody likes to fill in a tax return at the end of the financial year, this is no reason to breeze through the task as fast as possible to get it out of the way. It's crucial to be as careful as possible to ensure that you are minimising your tax liability and claiming the proper credits—and avoiding any potential audit from the ATO. It's also important to be realistic and believe that the authority will never audit the "
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Scenarios In Which A Sole Proprietorship Needs A Commercial Accountant

Posted on: 23 April 2021
On the face of it, running a small business — especially a sole proprietorship — can seem like an easy undertaking. However, nothing could be further from the truth because people start businesses with growth in mind. Therefore, hiring a commercial accountant is critical to ensuring the success of your business. Notably, some sole proprietors have a background in basic accounting, while others use simple accounting software to ease bookkeeping. However, even if you understand a little bit of accounting or use accounting programs, some circumstances call for a commercial accountant.
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Essential Tips for Filing Tax Returns as a First-Timer

Posted on: 30 December 2020
Paying taxes is both a moral and a civic duty, which every person who earns an income must undertake. Unfortunately, most people who do not prepare well for tax return filing are always quick to complain about the complexity of the process. Consequently, new employees develop a phobia for preparing tax returns from the word go. Nonetheless, there is no need to dread the process, even if you are filing tax returns for the first time.
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