5 Common Signs A Business Needs Bookkeeping Services

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Small business owners have to be very resourceful and often take pride in doing things themselves. This resourcefulness is helpful when starting a business. Still, as a business grows & a business owner’s time/energy starts to get stretched – a business owner continuing the do EVERYTHING themselves is a recipe for disaster. When there are […]

Financial Ratios and How to Use Them in Small Businesses

Financial Ratios

What are Financial Ratios? Running a business, whether large or small, means that having a good grasp on all financial aspects that are part of ensuring business success is essential. One of the best ways to determine the business’ financial performance is through financial ratios. Financial ratios are numerical values that measure the relationship between two […]

Why Do I Owe The ATO Money?

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Received A Tax Bill & Not Sure Why? It’s the dreaded tax time again and after finally lodging a tax return and breathing a sigh of relief, a bill arrives from the ATO demanding payment of money owing. Why and how has this happened? The most common reason is that insufficient tax payments were made […]

Basics Of Individual Tax Returns In Australia (2022 Edition)

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While lodging a tax return in Australia isn’t supposed to be challenging, but it often can be. If someone hasn’t done this before, haven’t been aware of the process entirely or has not been provided with an overview of this essential annual task for Australian life – this article will solve that. It aims to […]

A Comprehensive Small Business Accounting Guide (Step-By-Step)

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How vital is accounting to a business? Every business owner who knows their onions will tell you that it is essential for the growth of a business no matter the size. But then why is accounting important for the small business owner? Basically, it is essential for business growth. When a small business takes accounting […]

Crypto Tax Australia – What You Need To Know

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Cryptocurrency has taken the world by storm and, over the past decade, there have been countless headlines speaking about many facets of this disruptive and rapidly evolving technology. It would be a safe bet to say that the average Australian citizen has now heard of crypto and either has experience with it themselves or know […]