Accounting

Home attached to your business? Better read this

Cross-posted from mybusiness.com.au An insolvency specialist is warning business owners to be alert to the risks associated with falling property prices, given the family home is often used as security for business finance. Trent Devine, a partner at Jirsch Sutherland, suggested that the huge boom in values – particularly on Australia’s east coast – has […]

Is optimism bias ruining your investments?

An insightful article by Candice Chung from In the black. We often forget that scientific theory is applied and is the basis of over decision making, enjoy. Anyone who has ever signed a gym contract, attempted an alcohol-free month or jumped headlong into an elaborate new hobby has felt the rush of adrenalin the moment […]

Have more than 20 employees? Single Touch Payroll is here NOW, under 20 next year

From the 1st of July 2018, businesses with 20 employees must now have payroll systems that are single touch payroll compliant, if not you must apply for a deferral with the ATO. What is single touch payroll? Basically, you shall report your payroll and superannuation information to the ATO at each pay run. Additionally, employees […]

November deadline: Trading names to be retired

An excerpt from ASIC. If you require assistance with this matter please contact the office. “From November 2018, trading names will be removed from the ABN Lookup. The ABN Lookup contains a list of all Australian Business Numbers (ABNs) and any associated business names. If you want to trade under a specific name, you’ll need to […]

What it’s worth?

Value as a topic is fascinating and all of us need it, use it and perhaps earning a living measuring, selling or consuming it. So diverse and complication that I could not possibly write a complete nor accurate depiction of value pleasing everyone. It is a concept which helps defines us as a civilisation and […]