Last-minute tax time tips for sole traders

Last-minute tax time tips for sole traders

This article was first published on www.myob.com.au If you’re a sole trader and haven’t lodged your tax return, there is still time. Just make sure you read these expert tips for maximising your return – as well as how to get ahead easily for next time. End of...

Trends For Small And Solo Accounting Practices

Trends For Small And Solo Accounting Practices

I believe that in 2020, small and solo accounting practices are looking for more. More from their practice. More from their life. Many on their practice journey for some time, are despondent. It hasn’t exactly been what they signed up for. Through hard times, they...

How to plan for practice success in 2020

How to plan for practice success in 2020

As in any business, it’s easy for accounting practice owners to get bogged down in the nitty gritty. Before 2020 heats up, now’s the time to break the cycle. These tips will get you started. 2020 marks the start of a new decade and, for some, it’s an opportunity for a...

What are Business Activity Statements (BAS)?

What are Business Activity Statements (BAS)?

The mere mention of the term ‘Business Activity Statement’ (BAS) is enough to make many business owners break out in a sweat. Even more stressful than that is having to come up with the cash to pay it if you haven’t been putting the money aside. The stress associated...

Planning for the Future of Your Practice

Planning for the Future of Your Practice

I started my practice in 1999 and this year I would of celebrated 20 years in practice had an opportunity not have presented itself 6 years ago. But before I tell you about that, let me tell you a little bit about my practice...

Is $5K reasonable to pay an accountant annually?

Is $5K reasonable to pay an accountant annually?

This was a question posted recently on Facebook and I felt an urge to respond. You see I’ve read similar questions before and have bit my tongue, but the frequency of these questions are getting more regular and the comments they are attracting are increasing. Could...

Are you ready for Single Touch Payroll?

Are you ready for Single Touch Payroll?

Single Touch Payroll (STP) is the biggest change for businesses since the introduction of the GST in July 2000. If you were in business back then, I bet it wasn’t too long before you became a champion of GST and now doing your IAS and BAS has become second...

EOFY checklist for businesses

EOFY checklist for businesses

This blog was first published on MYOB.com/au There’s lots to do as a business owner as you focus on year-end accounting and bookkeeping tasks in addition to some forward planning for the new financial year. To help simplify things, Amanda Gascoigne has prepared this...