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11 12, 2020

Need help with your finances? Here are 7 signs you need an accountant

December 11th, 2020|Accounting, Financial Planning, Support, Tips & Tricks|

It’s hard to believe that the year that’s felt a decade long is now somehow almost over. And what a year it’s been! The way we work has been changing for a while now - recent work-from-home requirements in Victoria have flipped things on their head even more, dramatically accelerating the pace that change is happening. However, there are a [...]

25 11, 2020

6 tips to help you request payment for overdue invoices

November 25th, 2020|Accounting, Support, Tips & Tricks|

If you want to improve your financial situation, the first step is to get on top of your cash flow. And if you want to do that, you’re going to have to get on top of all your invoices, ensure that all invoices are paid on time and minimise the number of late or overdue invoices your business deals with. [...]

30 10, 2020

How do you know you’ve got a good accountant? Here’s what to ask

October 30th, 2020|Accounting, Support|

Your finances are important - whether it’s in achieving your personal goals or finding success in business, the right accounting team can make all the difference. And that makes it absolutely crucial that you properly vet any accountant you’re thinking of bringing on! When talking to accountants in Melbourne for your personal or business accounting, it’s important that you ask [...]

9 10, 2020

Superannuation withdrawal age:how long do you need to wait?

October 9th, 2020|Accounting, Support, Tips & Tricks|

A lot of people take an “out of sight, out of mind” mentality towards their superannuation - aside from tax time when their fund sends out its annual email, most people don’t really think of super until it’s retirement time. A lot of people don’t know how much is in their super, or how much annual return it’s delivering, or [...]

24 09, 2020

6 tips you can use to improve your financial situation

September 24th, 2020|Accounting, Support, Tips & Tricks|

Unfortunately, there’s no quick way to quickly improve your financial situation overnight (short of winning the Powerball, that is). Of course, that doesn’t mean that there’s nothing you can do! If there was ever a year to start looking for ways to improve your personal finances, it’s this one. And it doesn’t have to be big, sweeping changes to your [...]

10 09, 2020

Everything you need to know about SMSF financial statements

September 10th, 2020|Accounting, Support, Tips & Tricks|

Self-managing your superannuation comes with a number of benefits: You have the final say over where your money goes More control over your tax position The ability to pool your super with others and access bigger opportunities However, it also comes with some disadvantages - namely, the fact that you’ll have to do a lot more work compared to an [...]

26 08, 2020

What needs to be on your daily financial planning checklist?

August 26th, 2020|Accounting, Support, Tips & Tricks|

While everyone’s been hit by COVID-19 differently, there’s one thing that pretty much everyone’s had to wrestle with. Specifically, the fact that a lot of people are taking a good, hard look at their finances. Thanks to the changed economic outlook and the new glut of spare time, many people are looking at ways to financially get through these times. [...]

12 08, 2020

Everything you need to know about SMSF property loans

August 12th, 2020|Accounting, Support, Tips & Tricks|

Super is on everyone’s minds at the moment - little surprise, given the current economic outlook. According to some reports, 2.6 million Australians have applied for early access to their super, for a total of $42 billion. However, that isn’t the only way people have been using their super to get through tough times. One of the advantages of an [...]

22 07, 2020

How STP makes your business tax return easier

July 22nd, 2020|Accounting, Payroll, Support|

Another financial year, another article talking about the benefits of single touch payroll. We know, we know, we’ve already covered this topic before (twice, as a matter of fact). Take our word for it however: there’s a very good reason we’re retreading this topic again. Single touch payroll is a huge help when it comes to your tax reporting. And [...]

23 06, 2020

6 small business accounting tips for startup businesses

June 23rd, 2020|Accounting, Support, Tips & Tricks|

When you first commit to losing weight, you track your calorie intake as well as your kilos.  When you bring your newborn home for the first time, you no doubt keep track of their size and weight, comparing these against the averages. Your startup is no different. Starting a business is a major endeavour. Sure, you’ve got a great idea [...]