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Tax: Tax impacts your cashflow

Waves

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…

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Accounting: Data interpretation

Laptop

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…

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AdviceCo. Christmas Appeal Fundraiser Results

Fundraiser announcement

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…

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Christmas Charity Appeal

Charity image

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…

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Economic Trends for 2020

Leaf

The 2019 Australian economy has had us all on the edge of our seats as we watch global events unfold around us. So what’s in store for 2020 and what is the best option for your wealth? We have some general market predictions that might help you to manage wisely. The economy: Some say we’re…

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Accounting Trends for 2020

Lights

The Accounting Trend for 2020 is digitisation. STP has already pushed businesses and individuals to online platforms of reporting, so it makes sense that those small businesses and individuals adopt real-time digital solutions that optimise accuracy, security and time. Small business accounting Xero has announced an increase in subscription fees of $2 per month from…

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Tax Trends for 2020

Lights

Minor tax changes came into effect this year off the back of the Coalition Government’s re-election, so is there anything on the horizon for 2020? We do not anticipate any major tax reform in 2020. There may be some tinkering around the edges such as the recently announced change in Capital Gains Tax for non-residents.…

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Increasing number in ATO & ASIC Scams

Lights

While email scams claiming to be the from the ATO or ASIC are certainly not new, we have noticed a significant increase in recent weeks and unfortunately some of these have looked worryingly accurate. How to identify an email scam: Check the senders’ email address: You can see the email snippet below claims to come…

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Cyber Security – proactive defence

Data

We are very diligent to protect our homes and cars with locks, security alarms, CCTV, insurance, etc. But we aren’t as diligent with our online information. Stolen information can be far more devastating financially and emotionally. Recent surveys in Australia disclosed among many discrepancies that 65% of people don’t read Privacy policies, 50% don’t clear…

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