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Accounting: Cash stress despite healthy profit
Digital credit agency, CreditorWatch has tipped 2020 to be a tough year for SME’s. All too often, smart and profitable businesses find themselves short of cash because of the debtors and creditors they rely on. It takes one payment default to set things off course. Prevention is always the best cure, and communication is key.…
Read MoreTax: MyGovID deadline 27 March
The ATO has announced a termination date for AUSKey of Friday 27 March. This means, the transition to MyGovID for digital interaction with the Australian Tax Office will be compulsory. Here’s what you need to know… What is AUSKey/MyGovID? This is authorisation system that enables digital interaction with the ATO. Tax agents and small business…
Read MoreAdviceCo. welcomes two new business Principals
From left: Troy Marchant, Christine Hallowes, Steve Walker, David Evers, Gerard Andrews and Debbie Bloffwitch The AdviceCo. leadership team (formerly Robson Partners) is pleased to formally announce the entrance of two new business Principals: Debbie Bloffwitch, Senior Accountant and Christine Hallowes, Senior Financial Planner. Debbie and Christine are highly valued members of the AdviceCo. team,…
Read MoreWealth: Self-Managed-Super-Funds face industry changes
What is changing? Self-Managed-Super-Funds are facing increased scrutiny from governing bodies, which will result in increased compliance and audit activity, and will likely impact associated fees. Why is it changing? For good reason: optimum fund performance for members in retirement. Governing bodies, including the Financial Planning Association of Australia (FPA) and the Australian Securities and…
Read More2020 Personal Wealth: It’s hard to be perfect, so let’s aim for better
How are your New Year’s Resolutions going? Resolutions are hard to keep but so often, it’s because we put them just out of reach. When it comes to wealth, perfect spending and saving habits are rapidly thrown off course by everyday events. If we just aim to be a bit better, then the compound effect…
Read MoreTax: Tax impacts your cashflow
The End-of-Financial-Year seems ages away, but for small businesses, early tax planning is an important part of managing your cashflow. Tax planning is not difficult. The benefits will cut down the amount of time you spend on tax, and therefore relieve you to do more valuable things for your business growth or personal finance. Calendarise…
Read MoreAccounting: Data interpretation
Data interpretation and technology is increasingly relied upon for good business decisions and planning. Without it, in today’s world, you are merely guessing, and you are being left behind. Fortunately, software developments have simplified basic accounting measures so that you can access the data in real time from any place and cast a strategic lens…
Read MoreAdviceCo. Christmas Appeal Fundraiser Results
Like all Australians right now, we’re stunned and saddened by the impact of the drought and the bushfires and we feel compelled to offer some sort of help. Just before Christmas, we announced in our b-Mail that we were raising funds for two worthy charities who support and protect vulnerable communities at times like these…
Read MoreChristmas Charity Appeal
We’d like to acknowledge the tough environmental conditions of recent months. Catastrophic bush-fires and prolonged drought have placed members of our community under immense pressure. It’s at times like these we need to support each other and we’d like to make a positive contribution. We are raising funds for the worthy charities: Rural Aid, and the Rural Fire…
Read MoreSpecial offer: Complimentary Financial Planning to set your 2020 goals
January is a time of goal-setting and planning. We would like to offer you the opportunity to sit down with our Financial Planners for a free one-hour session in January to define your goals and a feasible plan of action to make 2020 a year where you can be better off. The session will cover…
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