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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...
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,...
A Game-Changer for Businesses!!

A Game-Changer for Businesses!!

by welsh-tax | May 14, 2025 | Accounting, Australian Taxation Office, Human Resources, Starting a Business, Taxation, Xero

Accept Contactless Payments Right on Your iPhone Running a business just got even easier! Xero, in partnership with Stripe, now offers Tap to Pay on iPhone—a seamless way to accept in-person, contactless payments without the need for additional hardware. Whether...
$20,000 Instant Asset Write-Off Extension

$20,000 Instant Asset Write-Off Extension

by welsh-tax | Apr 30, 2025 | Accounting, Australian Taxation Office, Finance, Queensland Government, Starting a Business, Taxation

Small Business Support: $20,000 Instant Asset Write-Off Extension Great news for small businesses! As part of the 2024–25 Budget, the government announced that it will continue supporting small businesses by extending the $20,000 instant asset write-off limit until 30...
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