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How to Set Your Business Up for a Successful New Financial Year

How to Set Your Business Up for a Successful New Financial Year

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...
Lock it Down

Lock it Down

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...
Common mistakes Business owners make with Financial data

Common mistakes Business owners make with Financial data

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...
The Importance of Keeping Clean Records

The Importance of Keeping Clean Records

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...
How to Build Financial Resilience: Budgeting Tips That Work

How to Build Financial Resilience: Budgeting Tips That Work

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...
A Tax Planning Review Is Essential prior to 30 June

A Tax Planning Review Is Essential prior to 30 June

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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Recent Posts

  • How to Set Your Business Up for a Successful New Financial Year
  • Lock it Down
  • Common mistakes Business owners make with Financial data
  • The Importance of Keeping Clean Records
  • How to Build Financial Resilience: Budgeting Tips That Work

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