Motor Vehicle Deductions – The Basics

The methods for claiming your car expenses have changed in the last 12 months in an effort to ‘simplify’ the way deductions are made.

Think You Can’t Afford Xero? Think Again

Confused about Xero and think you need $50/mth to start?

We’ve had quite a few small business owners tell us recently they can’t get started with Xero as they can’t afford $50/mth from their business yet, and they are probably right.  But you don’t need $50/mth to get started. That’s what we love about Xero.

The Value of a Good Bookkeeper

It is at times a job that some people discount as not as ‘important’ as the advisor or accountant. But as the advisor at the other end I can tell you that a good bookkeeper is worth their weight in gold!

Are you engaging an Employee or a Contractor?

Our advice to clients is to try to set things up correctly from the outset, but if you are in a situation with workers who really need to be moved over to be employees start planting the seeds and making them aware things will need to change. It can take time and you want to avoid losing good team members if you can.

Are Gifts Sent to Clients Deductible?

Over the next few weeks we will be running a series of blogs on spending in the Christmas season. What’s deductible, what attracts Fringe Benefits Tax and how to ensure you can make informed decisions on where you spend your money. 

Is There Fringe Benefits Tax on Office Parties and Employee Gifts?

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.