calendar showing June 30, EOFY

Preparing for the EOFY for your small business

- June 5, 2024 4 MIN READ

  With the end of the tax year approaching, it’s time to take action to minimise the tax liability for your small business. Here are my top tips for end of year tax planning writes Mark Chapman, Director Tax Communications at H&R Block. Take advantage of the instant asset write off One of the best… Read more »

Calculator, cash and tax forms, EOFY

Small business ombudsman flags important EOFY changes

- June 29, 2023 4 MIN READ

New instant asset write-off thresholds, updated tax rules, increased superannuation payments and a rise in the minimum wage are among changes coming into effect on 1 July, says Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman. “It is essential that small business owners and managers understand these changes,” Mr Billson said. “They should… Read more »

Man at desk pointing at alarm clock

How to minimise your last-minute tax time stress

- May 5, 2023 2 MIN READ

  As a small business owner, tax time can be one of the most overwhelming times of year but it’s never too early to start tax preparation, writes Elise Balsillie, Head of Thryv Australia. Paying your business taxes on time is important, but it’s the pre-deadline rush that can truly leave a business behind. Struggling… Read more »

Small business owner using digital tech

Small business tech to help you master the new financial year

- June 23, 2020 3 MIN READ

As the end of the financial year approaches, small businesses across Australia are gently emerging from lockdown. They’re returning to a ‘new normal’ in which many restrictions will still apply, so to adapt and identify competitive advantages to help them navigate the coming months, businesses are relying on technology to help them work smarter,” writes… Read more »

calendar showing June 30, EOFY

It’s EOFY: Three tips to make tax time a breeze

- June 15, 2020 3 MIN READ

For so long, the end of the financial year has been approached with apprehension by small businesses; a complicated, confusing and stressful reminder that finances aren’t easy, writes Mark Bartels, Chief Financial Officer, Invoice2go. Today, though, it’s never been easier for small business owners to master their money and make the end of the financial… Read more »