Do you own a business registered to pay Goods and Services Tax (GST)? If so, then you must lodge a Business Activity Statement or BAS. But first things first, what is a Business Activity Statement (BAS)? The mere mention of it is enough to make some business owners drop everything they are doing just to […]
What You Need to Know About Business Accounting and Financial Management
The key to a successful business lies in understanding your finances. While running a business is often gratifying, it can also be downright overwhelming. With multiple demands and tasks to attend to, it’s not always easy to look at things from a bigger perspective. That’s why finding the time to put a proper financial plan […]
What You Need to Know About Fringe Benefit Tax in Relation to Christmas Party Costs
December is that time when many businesses wind down and culminate the year. It’s a month we all look forward to as we get to spend time in a social setting without the busyness of work humming away. Across small- and medium-sized enterprises in Australia, providing Christmas parties and gifts to both clients and staff […]
7 Benefits of Outsourced Accounting and Bookkeeping Services
Are you getting overwhelmed with your business’ financial statements? Have you been losing track of your bookkeeping obligations? Well, it’s nearly impossible to run a business without having to deal with your books. That’s why accounting and bookkeeping services are a staple part of every business, whether big or small. Accounting and booking services are […]