by Investment Plus Accounting Group | Oct 14, 2024 | BAS, Bookkeeping, Cashflow, Small Business, Small Business Tips, Tax & Accounting
If you’ve ever felt overwhelmed by your financial records, you’re not alone. Many small business owners encounter common bookkeeping mistakes that can disrupt operations and hinder growth. Here are some prevalent mistakes and effective strategies to avoid them....
by Peter Ristevski | Jul 2, 2024 | Small Business, Small Business Tips
Invoicing is a critical component of running a successful business. It ensures you get paid on time and maintains a clear record of your financial transactions. If you have an Australian Business Number (ABN), there are specific guidelines you need to follow when...
by Peter Ristevski | May 9, 2024 | Peter Ristevski, Small Business Tips, Tax & Accounting, Tax Planning
Effective tax planning goes beyond mere compliance; it serves as a strategic advantage for small business owners. Exploring tax planning involves uncovering essential strategies that can greatly influence your business’s financial well-being. Tactics such as...
by Investment Plus Accounting Group | Feb 29, 2024 | How To, Small Business, Small Business Tips
In Australia, employers are bound by a set of obligations designed to protect the rights and well-being of their employees. Understanding these obligations is crucial for fostering a fair and productive work environment. Let’s explore some of the key responsibilities’...
by Investment Plus Accounting Group | Feb 13, 2024 | Business Advisory, Small Business, Small Business Tips, Tax Deductions
If you own a business in Australia, the good news is that many costs related to advertising and promoting your business can be deducted from your taxes. This means you can reduce the amount of tax you have to pay by claiming these expenses on your annual tax return....
by Peter Ristevski | Jan 29, 2024 | Fair Work Act, Small Business, Small Business Tips
The federal government recently announced changes aimed at closing loopholes in the Fair Work Act that allow for intentional underpayment of employee wages and entitlements. As an accounting and business advisory firm, we want to help our small to medium business...
