Bookkeeper vs Accountant

Why do I need both for my business? The bookkeeper processes the day-to-day work so that the accountant can concentrate on strategic financial operations including tax planning. So, bookkeepers play an important role – without them, accountants cannot do their jobs....

End of Financial Year

Financial year is 1st July to 30th June Tax record keeping requirements. As a business owner you need to keep records of all your financial transactions as required by the ATO. This includes the source documentation of all your transactions and the calculations and...

GST FAQ’s

When do I need to register for GST? How do I fix a GST BAS mistake? Is my “Business Portal” changing? How do I revise my activity statements? There are many questions regarding GST. It’s important to have the right answers. Understanding is key to keeping your...

JobMaker Hiring Credits

You cannot receive JobMaker Hiring Credits if you also receive a JobKeeper payment for a fortnight which started during the JobMaker period. Employers can claim JobMaker Hiring Credit payments to help with the cost of hiring additional employees. You are not required...