Risk is an integral part of business, and while most businesses have a good understanding of, and systems in place for their key operational risks, many remain unprepared for (or worse, unaware of) the financial pressures and loss of reputation that a serious legal risk can produce. So how do you identify, prepare for and… Read more »
In an effort to combat the challenges faced by small business regarding tax compliance, Labor frontbencher, MP Andrew Leigh, has proposed funding be established for 10 free tax clinics across the country to assist micro-businesses and low-income taxpayers in understanding their tax obligations. The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has welcomed the… Read more »
Whilst great for revenue, you can really get yourself in a tangle if your gift vouchers don’t comply with the law.
Some of the immediate benefits of cloud accounting include security, mobility, accessibility, cost and compliance. These are all critical to running a successful small business.
By law every business is required to maintain proper, detailed records. Here are five tips to getting your bookkeeping right and your accounts on track:
Dubbed the “Roster Coster”, the app will allow retailers to not only more efficiently manage their rosters, but to better understand how the General Retail Industry Award 2010 and Fast Food Industry Award 2010 applies to their staff.
Tim Watson from Good Dog Behaviour & Training, chats through the issues he faced as a business owner and how technology has helped his business to grow.
While many have made the change, some small businesses may need extra time and help to become SuperStream compliant.
Small businesses are stressed by their end of financial year tax obligations and want easier government compliance regulations.
Nathan Jakubenko, owner of Waves on the Beach began using Receipt Bank to manage his bookkeeping and do away with paper-based receipts.
This figure was the highest amongst construction and trade businesses with an overwhelming 31 percent of SMEs in this industry not having complied with the ATO’s SuperStream requirements.
Fair Work inspectors initiated the spot check on more than 50 employers in response to an increasing number of employers requesting compliance assistance.
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