by Kerri | Jul 30, 2025 | Accounting, Australian Taxation Office, Finance, Queensland Government, Taxation
Secure Access to ATO Online Services with myID As accountants, we know that safeguarding client data and accessing tax platforms securely is essential. The Australian Government’s myID app now offers a smarter and more secure way to sign in to ATO online services via...
by Kerri | Jul 16, 2025 | Accounting, Australian Taxation Office, Finance, Starting a Business, Taxation, Xero
Cash vs Accrual Accounting: What’s the Difference? When it comes to recording your business’s income and expenses, there are two main accounting methods: cash basis and accrual basis. Both have their benefits—it just depends on what works best for your business....
by Kerri | Jul 11, 2025 | Accounting, Australian Taxation Office, Finance, Taxation, Xero
The Australian Taxation Office (ATO) has recently extended the amendment periods for certain taxpayers—a change that could make a big difference for individuals and business owners alike. What’s Changed? Previously, most individuals and small to medium businesses had...
by Kerri | Jun 26, 2025 | Accounting, Australian Taxation Office, Finance, Starting a Business, Superannuation, Taxation, Xero
What You Can Claim When Working from Home in Australia (2025) With remote work now a permanent fixture for many Australians, understanding what you can claim on your tax return is more important than ever. The Australian Taxation Office (ATO) has updated its guidance...
by Kerri | 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 Kerri | 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...
Recent Comments