Are you potential customers on the line & hook?

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The people who answer your phone are responsible for the first impression of your brand. A sour phone interaction could lead to a prospect defriending your business. Have an open conversation about how to address callers to position your business as being considerate, empathetic and helpful. We’re looking to build long term customer friendships; it’s … Read more

Self-employed, keep your Tax and expenses in or for your Tax Return

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Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to … Read more

It’s time to see what’s different in an accountant

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The best accountants can do much more than just tax and compliance work for your business. They’re troubleshooters and strategic advisors for small business. Basically, having an accountant means that you can operate your business with more clarity and confidence. Whether you’re working to get a startup off the ground, or taking the reins of … Read more

Big Changes for Payroll in 2019 with STP

A pink piggy bank sits atop a calendar showing the date 30 June, next to a vertical block spelling EOFY

If you are already reporting Single Touch Payroll (STP) to the ATO, there is a different process for issuing payment summaries from now on. Employers usually must provide payment summaries to employees by 14 July. In the STP reporting system, employers must make a finalisation declaration by this date, in order that the employee’s information … Read more

Getting Ready for EOFY Series – SMSF

Text on blue background reads Getting ready for 2019 EOFY SERIES SMSF and a website URL at the bottom

We all would like to reduce our tax exposure and minimise the risk of an audit by the regulators. This end of financial year update series outlines the actions you can take to do exactly that! This particular blog is targeted for those with a SMSF. What’s new Carry forward unused concessional contributions If you … Read more