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11 03, 2021

How a business accountant can help you (aside from taxes?)

March 11th, 2021|Accounting, Financial Planning, Support|

For most business owners, the only times they see their accountant is around tax time, when they need help filling out their business tax return. It’s the busiest time of year for us accountants - of course, that doesn’t mean that we’re spending the rest of the year just twiddling our thumbs because we don’t have anything to do! Our [...]

24 02, 2021

When you should talk to an accountant about your business

February 24th, 2021|Accounting, Financial Planning, Support|

While it’s highly recommended (especially if you’re only just starting out), not every business needs an accountant. For sole traders in particular, you might only need the help of a small business accountant when first getting started. After all, it’s one of the most pivotal parts of your business’ financial journey. Assuming your business stays the course, you might only [...]

11 02, 2021

What might happen if you don’t file your tax return on time

February 11th, 2021|Accounting, Financial Planning, Support|

October isn’t the only due date you’ll need to keep in mind when it comes to your tax return - if you run a business, their business tax return is actually due at the end of February, a full 4 months after your personal one. As of the time of writing, that date’s only a little bit over a week [...]

28 01, 2021

What are reportable super contributions, and how do they affect you?

January 28th, 2021|Accounting, Support|

Super contributions: everyone has them. Unfortunately, for many everyday Australians, that’s where their knowledge and understanding of superannuation contributions begins and ends! As your main source of income when you retire, it’s crucial that you take good care of your super, and carefully plan your investments. That means paying close attention to your superannuation contributions. Of course, first you’ll need [...]

22 12, 2020

Manage your time better with these 6 essential tips

December 22nd, 2020|Accounting, Support|

It’s one of the most important resources at any business, big or small. And it isn’t just your business that it affects, either - it also comes into play in your private life. In order to get the most out of it, it’s important that you properly budget, manage, organise and plan it so you don’t run out or run [...]

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 [...]