Welcome to our bookkeeping blog! We share bookkeeping tips, software updates and the latest news from the ATO. Sometimes we get a bit cheeky and let you know what we really think about this industry, but we try to behave ourselves most of the time! Enjoy the read and if you’re looking for anything in particular, hit the search button above.
If your business has outstanding invoices, and let’s face it, most businesses have them, your cash flow is probably suffering. This isn’t great when you have to pay rent, payroll and suppliers etc. Enter FundTap.
GST registration may be mandatory or voluntary depending on your business. Do you need to register for GST? Find out here.
Recently, I have seen some new software players in the accounting software space. These developers have created software just for sole traders, freelancers and the self-employed.
So, given that you may have reviewed your situation and have ascertained that your side hustle is indeed a business, what do you need to do next?Â
As the cost of living continues to rise, more individuals are seeking innovative ways to earn extra income on the side. These additional sources of revenue, commonly referred to as “side hustles.”
This “how to” provides you with a step-by-step guide to setting up a fully serviced novated lease in Xero.
New Criminal Underpayment Laws began on 1 January 2025. It is now an offence to underpay your staff. If found guilty, you may face hefty fines or jail time, or both.
Payday Super is coming! Payday Super aims to stop employers from not paying employees super or paying it late. Payday Super is set to begin from 1 July 2026.
If you’re a small business who continues to deliberately disregard your obligations, you can expect the ATO to move you to more frequent GST reporting (Will Day, ATO)