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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...
Recent Changes to Deductibility of ATO Interest

Recent Changes to Deductibility of ATO Interest

by welsh-tax | Apr 30, 2025 | Accounting, Australian Taxation Office, Human Resources, Superannuation, Taxation

Recent Changes to Deductibility of ATO Interest: What You Need to Know Significant changes to the deductibility of Australian Taxation Office (ATO) interest charges are now law under the Treasury Laws Amendment (Tax Incentives and Integrity) Act 2025. These changes...
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Recent Posts

  • The Importance of Keeping Clean Records
  • How to Build Financial Resilience: Budgeting Tips That Work
  • A Tax Planning Review Is Essential prior to 30 June
  • A Game-Changer for Businesses!!
  • $20,000 Instant Asset Write-Off Extension

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