by Peter Ristevski | Mar 10, 2021 | Business
Management accounting is the method of putting together administration reports and accounts to promptly provide precise financial information to business managers so that they can make informed short-term and long-term decisions. It determines, examines, interprets,...
by Carissa Javier | Mar 9, 2021 | Business
COVID19 Insolvency Wave – To be or not to be? On March 12 2020 the World Health organisation declared Covid19 a pandemic. In May 2020, Australia had 7,195 active cases of COVID nationally and Australian businesses were facing an uncertain future. Various media...
by Carissa Javier | Mar 9, 2021 | Business
Preparing Your Business For The End Of JobKeeper Whether or not you are currently receiving JobKeeper payments, the winding back of JobKeeper in recent months, and its eventual end in the next few weeks has the potential to affect the entire economy and all...
by Ed Chan | Mar 8, 2021 | Business
What is a franked dividend and what does it mean to have a franking credit? Obviously there are advantages in receiving dividends from your share investments, but there is a huge difference between getting dividends that are franked and dividends that are not franked....
by Ershad Ullah | Mar 7, 2021 | Business
Business taxpayers operating as sole traders or partners in a partnership should know that special rules relate to business losses. These rules apply equally to Australian and foreign taxpayers. Taxpayers may claim business losses against other taxable income, only...
by Cindy Su | Mar 7, 2021 | Business, Tax and Accounting
For many Australian sole traders, understanding your tax return and how your income is taxed will help you to make informed decisions about your money. The Australian income tax system is based on the self-assessment principle. This means the Australian Taxation...