by welsh-tax | Jun 19, 2025 | Accounting, Australian Taxation Office, Estate Planning, Finance, Starting a Business, Superannuation, Taxation
Fresh Start: How to Set Your Business Up for a Successful New Financial Year With the books closed on the last financial year, now is the perfect time to hit reset, refocus, and get your business in top shape for the year ahead. A little planning now can set the tone...
by welsh-tax | Jun 19, 2025 | Accounting, Australian Taxation Office, Estate, Estate Planning, Scams, Starting a Business, Taxation
Lock It Down: Why Cyber Security Matters to Your Business (Yes, Even Your Password!) In an age where nearly every business activity—from lodging a BAS to managing payroll—runs through a digital system, one thing is certain: cyber security is no longer optional. As an...
by welsh-tax | Jun 18, 2025 | Accounting, Finance, Human Resources, Starting a Business, Taxation, Xero
Ignoring Financial Statements Many business owners focus only on cash flow but neglect key reports like the Profit & Loss statement or Balance Sheet. Without reviewing all financial statements, it’s easy to miss warning signs of missed payments, accounts...
by welsh-tax | Jun 3, 2025 | Accounting, Australian Taxation Office, Finance, Human Resources, Starting a Business, Taxation, Xero
The Importance of Keeping Clean Records: What Every Business Owner Should Know As accountants, we have seen firsthand how well-maintained financial records can make or break a business. Keeping clean records isn’t just about compliance—it’s about setting your business...
by welsh-tax | May 28, 2025 | Accounting, Australian Taxation Office, Finance, Refinancing, Taxation
In today’s financial landscape, building resilience is more important than ever. Whether you’re an individual looking to secure your future or a business owner navigating economic shifts, a strong budgeting strategy is essential. Budgeting isn’t just about...
by welsh-tax | May 14, 2025 | Accounting, Australian Taxation Office, Starting a Business, Taxation, Xero
As the financial year draws to a close, it’s crucial for businesses to assess their financial position and take advantage of available tax strategies. A year to date financial review ensures you’re on track, identifying opportunities to minimise tax liabilities,...
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