So, you’re starting a business… Whether you’ve been plotting it for years or just recently decided to go for it, starting your own business is a big leap. Now that you’re taking…
Author: Teohara
Keeping Your Medical Practice’s Accounting Books Healthy
Most medical practices in Australia operate as small businesses, and that means they are exposed to the same financial challenges as other small businesses through the country. As with any small business,…
Understanding Your Business Tax Obligations
If you were employed before you started your business, you’ll find that your tax affairs now become a lot more complicated. Various federal, state and local government taxes and rates can apply,…
Australian Payroll Compliance
As your business grows and you find the need to take on more employees to help you keep up, one of the most important skills you need to learn is ensuring you…
Property & Construction Accounting
Players in the property and construction industry have an impact on every facet of modern life. From residential and commercial construction to large infrastructure projects, to property developers or investors, businesses in…
Payroll Tax
Payroll Tax is a state tax on the wages paid by employers. It’s calculated on the amount of wages you pay per month and collected in each state or territory that your employees are…
Smart Budgeting Tips for Small Business Owners
Running a small business often means having small budget, too. With startup costs, loans and other expenses, it can be difficult to get your feet planted. Businesses of all sizes experience financial fluctuation,…
2018 Australian Tax Year Key Dates
The Australian fiscal system can seem daunting, especially if you’re emigrating there for a permanent work position and are due to start paying taxes there for the first time. However, unlike countries…
Accounting for Public Sector Entities, Higher Education & Charities
The not-for-profit sector includes higher education providers, TAFEs, charities, and federal, state and local governments. Not For Profit organisation will generally need to make and spend money, if only to cover the…
Point-of-sale (POS) systems
When starting your business, it’s important to consider how you’ll capture and record your sales data. Gathering this information effectively can help you to measure your success over time and manage your…