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 | Jul 2, 2024 | Small Business, Tax & Accounting, Tax Planning, Tax Tips
As the financial year wraps up on June 30, many Australian taxpayers are eager to lodge their tax returns in July, hoping for a quick refund. However, rushing to submit your tax return as soon as possible may not be the best strategy. Here are several reasons why you...
by Peter Ristevski | Jul 2, 2024 | Economic Outlook, Small Business, Tax & Accounting, Tax Planning, Tax Tips
As you may know (especially after a $40 million public education campaign), personal income tax cuts took effect on 1 July 2024. Simultaneously, the superannuation guarantee (SG) rate increased by 0.5% to 11.5%. For employers, it’s crucial to ensure your payroll...
by Peter Ristevski | Jun 20, 2024 | Property Investment, Property Investment Tips, Small Business
When it comes to property investment in Australia, one of the pivotal decisions investors face is choosing between houses and apartments. Both property types offer distinct advantages and potential drawbacks. Understanding the key factors can help investors make an...
by Peter Ristevski | Jun 20, 2024 | Small Business, Tax & Accounting, Tax Planning, Tax Tips
As 1 July rolls around it’s time to wrap up your financial year. The end of the financial year is fast approaching. Check out last minute tax tips for small business this EOFY So, get organised now, tick tax time off your to do list, and get back to running your...
