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Over the years there has been a shift in the type of advice you should expect to receive from your accountant. Gone are the days that you would visit your accountant’s office once per year to receive reactive advice from what is now seen as an “old-school accountant”. Relationships between clients and their accountant have become much less transactional, with it becoming more of a partnership.
The past few weeks have been full of many whispers regarding tinkering with superannuation following the announcement that the government was going to review the ‘objective’ of superannuation.
If you employ staff or have contractors you pay superannuation for you need to ensure you’re set up for Single Touch Payroll (STP) Phase 2.
The 2023 tax year sees changes in how taxpayers calculate and claim a tax deduction for working from home expenses.
If you’ve recently set up your Xero account and need a little bit of guidance with regular day-to-day tasks, you’re in luck! We’ve pulled together a quick checklist for you, covering some of the most common tasks you’ll need to be across to get the most out of Xero.
You’ve made the decision to adopt Xero for your small business, and now it’s time to get it up and running. We’ve pulled together a quick checklist to help guide you through the set up stage, with some helpful links to Xero resources for more information.
If you’re considering giving some client Christmas gifts this year, in most circumstances these will be tax deductible to your business.
We find a lot of businesses get really confused as to what they can/can’t claim and if there are any Fringe Benefits Tax consequences to the entertainment they provide to their staff and associates as a result of Christmas festivities.
As the year nears its end, naturally we’re all in a bit of a frenzy right now attempting to tick as many things as possible of our to-do lists. But if you’re lucky enough to have some downtime after the end of year rush, you might like to spend some time getting your business basics right. These 5 tips are a great place to start!
