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Embracing Technology in Australian Small Businesses
February 20th, 2018Australia is fortunate enough to be a part of one of the fastest-growing and innovative economic regions in the world – Asia Pacific. Our neighbours to the north have a vast population of people, forward-thinking ideas and a seemingly innate entrepreneurial spirit that has propelled the likes of China into the league of global superpowers.read more
McKinley Plowman’s Guide to the Notifiable Data Breach Scheme
February 12th, 2018When you run a business that deals with the personal information of clients or customers, you are expected to maintain the security of that data to ensure it doesn’t fall into the wrong hands. Similarly, your clients understandably expect that their sensitive information will be well protected and only accessed by those who are supposedread more
REMINDER – Single Touch Payroll coming soon
February 9th, 2018Do you employ staff? If so, please read on – there are important changes to payroll processing and reporting just around the corner that may affect you and your business. It’s hard to believe that January has already come and gone! Therefore it’s worth a refresher on Single Touch Payroll (STP) before the April 1stread more
Fresh Tax Ruling for Truckies’ Food Allowances
January 25th, 2018Backflip for Truckies’ Food Allowances... The Australian Taxation Office has recently reversed a decision made regarding “reasonable rates” for overtime meal allowances. Rulings in this area typically affect people in jobs such as long-haul truck driving, but applies to everyone who receives a bona fide travel or meal allowance in the course of travelling overnightread more
Debtor Finance
January 20th, 2018How would you like to turn what is owed to you into cash? Debtor Finance is an alternative to the traditional Bank Overdraft that does not require real estate security. A debtor finance provider will pay up to 80% the value of your approved invoices, less fees, and usually within 24 hours! Is your Cashflowread more
Upcoming Audit Focus Areas for the ATO
January 15th, 2018When it comes to industries or areas of particular interest, The Australian Taxation Office (ATO) is relatively transparent about changes or increases in audit activity. Similarly, the media tends to have its finger on the button to report any news of this sort to the public. There are a few key areas which can expectread more
Growing a small business? Here’s 5 tips to help you do it!
December 20th, 2017Nearly all entrepreneurs dream of expanding their business, but the question is— how? Unfortunately, growing a business isn’t easy, it takes time, a lot of effort and it involves careful planning. If you’re running a start-up and think your business is ready to become a company, employ more staff, or launch new products, below areread more
Top Tips for Rental Property Owners
December 13th, 2017Investing in property is one of the most common investment routes people take to increase wealth and grow their asset portfolio. However, rental properties can be challenging to manage, especially when it comes to gathering and keeping the right documents, claiming expenses and the rental process. Complying with tax laws and renting your property outread more
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