When to hire an accountant? The majority of people who enquire about our services are owners of small businesses who are grappling with various challenges. In most cases, there will be a modest nuisance that needs some work after they have been there. (And in some instances, they have a major problem that has been […]
Category: Accounting
How can I be successful in accounting?
How can I be successful in accounting? Accounting used to be one of the safest professions to pursue. It guaranteed you a job, a decent salary, and success. With the influx of accounting students and technological improvements threatening to make accountant work accessible to anybody, we must confront the inevitable question: Is accounting still a […]
How can accounting grow your small business?
How can accounting grow your small business? The accountant is an important part of every organization; after all, poor financial management is often the reason for a company’s failure in the first three to five years. Unfortunately, the accounting department, which includes Accounts Payable and Receivable, is also one of the most complex parts of […]
Can I claim expenses without a receipt?
Can I claim expenses without a receipt? Do you claim tax deductions if you don’t have a receipt? Claiming costs without receipts is problematic because the ATO is getting better at linking data to individual tax return deductions than in past years, but it is acceptable in some cases! Let’s investigate this and see if […]
What Are Some Accounting Strategies?
What Are Some Accounting Strategies? Accounting is a critical company function that collects, records, and analyzes financial data. This financial data frequently contains extensive information on corporate activities. Companies can also utilize prior financial data to develop new growth strategies for their operations. Developing a development strategy based on financial data may help business owners […]
Should I Hire An Accountant For My Small Business?
Should I Hire An Accountant For My Small Business? There are several compelling reasons to hire an accountant at various phases of your company’s development. First, an accountant can help you with anything from business strategy to company creation, loan applications, and government audits. That doesn’t mean you have to hire an accountant full-time or […]
Are accountants good at math?
Are accountants good at math? Earning a degree in accounting is an excellent method to improve your chances of landing a secure job that will provide you with plenty of chances to move up in the ranks and earn more responsibility. Accountants are in high demand at all times, and this demand is independent of […]
How Do Working Holiday Maker Taxes Work?
Working Holiday Makers Taxes & the so called Backpacker Tax… Holiday makers on a 417 visa have often never been involved in tax returns so we’ll explain how tax residency & Working Holiday Marker income works.
Car tax deductions – How to claim the right way & maximise your tax refund
There’s no doubt that claiming for your work-related car expenses at tax time is one of the great joys of life! However, you must be certain that you have strong documentation to substantiate your claims.
Is This A Hobby Or A Business?
When you’re at the stage of asking this question, it’s often the case that there’s no right answer. Many businesses will start out as hobbies, and there will be a point when you could say it’s either. Your accountant can help you consider the differences in the characteristics of commercial business and a hobby to make sure you’re lodging your taxes correctly.