Cryptocurrency & Tax <br>Your 4 Top Questions Answered

Cryptocurrency is still a relatively new space for investors, traders and tax professionals alike. But what are the personal tax implications of crypto? And what do you actually need to do when it comes to tax time? Let’s take a look at the 4 top questions our clients ask us: 1. At what point do […]

4 PayPal Alternatives to Send and Receive Money Online

PayPal is the world leading online payment service. You can transfer money online to and from your bank account, pay for goods, and even receive payments worldwide. It’s a useful tool for entrepreneurs, freelancers, and even for personal use. However, it does have its drawbacks. PayPal takes a significant chunk of money when it comes to […]

Australian Federal<br>Budget 20-21

Economy As expected this is one of the most stimulatory budgets we have ever seen. Despite the trillion-dollar debt, there’s plenty of good news for many Australians in the Federal Budget. Broadly, Aussies will get a tax cut and it will be backdated, there’s plenty of concessions for businesses to help with investment and jobs […]

How do I Hire the Right Bookkeeper?

“Outsource your weaknesses.” So says start-up guru, Sujan Patel, when advising small business owners to get outside help for tasks like payroll and bookkeeping. And when you consider that 70% of businesses fail due to poor in-house financial management, Patel’s advice seems spot on. Unfortunately, many small business owners seek to keep costs low by […]

JobKeeper 2.0<br>What you need to do

With the JobKeeper 1 coming to an end on 28th September you will need to check your eligibility for JobKeeper 2 – please refer to our previous article here to check if you are eligible. Firstly, if you are not eligible for JobKeeper 2 then you must stop paying your employees that are receiving the top up payments of $1,500 […]

Cloud Computing<br>9 Reasons to Switch

Don’t be left up in the air by traditional IT solutions. Check out the top 9 advantages for small businesses switching to cloud computing. Cloud computing is fast becoming the norm because storing information and using software hosted on the Internet has many advantages. 1. Save money Traditionally, a small business spends money licensing software […]

Which video conferencing app is right for me?

There’s no denying the importance of face time in our current climate —or the competitive advantage businesses enjoy when they have video conferencing capabilities with colleagues, remote workers, and clients from anywhere in the world. Video conferencing apps increase productivity and save time in innumerable ways. They reduce travel time for business meetings, optimize meeting […]

JobKeeper 1.0<br>Update

JobKeeper 1.0 – Update The Federal Government recently announced the expansion for the eligibility of the current JobKeeper Scheme. As part of the changes announced, the Federal Government introduced changes for employees eligible for the JobKeeper Scheme from 3 August 2020. On Friday 14 August, the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules […]

JobKeeper 2.0<br>Eligibility Relaxed

Further changes have been made to the JobKeeper Payment which extends the JobKeeper Payment until 28 March 2021 for those businesses that continue to be significantly impacted by the Coronavirus. The changes are the following; The eligibility for the JobKeeper Payment extension will be based on actual turnover in the September 2020 quarter only, instead […]

Reviewing Your Business Budget post Coronavirus: 4 Tips to Get Back On Track

Your business budget puts you in control of your business. It helps you avoid overspending and track your financial goals. But with the coronavirus you may have had to throw your business budget out the window to stay on top of things. To help you get your business budget back on track post-coronavirus, you should […]