Is a Bank Statement enough to claim a Deduction? The short answer is no. Although 1 in 6 Australians think a bank statement alone is enough to claim a deduction, the ATO tax deduction requirements state otherwise. A bank or credit card statement on its own is...
4 Signs your Business needs a Bookkeeper
Sep 19, 2024 | All Posts, Bookkeeping, Business
Whether you're a sole trader, running a salon or managing a fast growing startup with payroll tax obligations, every business needs a bookkeeper. Although you can learn the basics of bookkeeping, your time as a business owner is better spent growing your business. ...
What a Bookkeeper Has to Learn to Provide Services
Feb 28, 2024 | All Posts, Bookkeeping, Business
So You need a Bookkeeper…... You’ve jumped online to ask “Dr Google” how much a “Bookkeeper” will cost you and Dr Google has come back with something along the lines of “Between $20-$50” Right? Wrong! Chances are these are either US dollars or prices so old that...
Bookkeeping Terms
Feb 28, 2024 | All Posts, Bookkeeping, Business
Want to have some insightful, informed conversations with your bookkeeper? Do you want to increase your bookkeeping knowledge? Hiring a registered bookkeeper is considered good business practice in many industry circles. But just because you delegate your bookkeeping...
Latest Posts
ATO Tax Deduction Requirements
Nov 12, 2024
Is a Bank Statement enough to claim a Deduction? The short answer is no. Although 1 in 6 Australians think a bank statement alone is enough to claim a deduction, the ATO tax deduction requirements state otherwise. A bank or credit card statement on its own is...
Superannuation Changes
Sep 24, 2024
Payday Superannuation: Key Changes for Employers and Employees The Australian Government has introduced a significant reform in the 2023-2024 budget to change how superannuation guarantee (SG) contributions are managed. From 1 July 2026, employers must align the...
4 Signs your Business needs a Bookkeeper
Sep 19, 2024
Whether you're a sole trader, running a salon or managing a fast growing startup with payroll tax obligations, every business needs a bookkeeper. Although you can learn the basics of bookkeeping, your time as a business owner is better spent growing your business. ...