by Cindy Su | May 27, 2024 | All, Business
What is Bookkeeping? Bookkeeping is the process of recording all the financial transactions of your business in an organised and systematic way. These transactions include sales, purchases, receipts, and payments made by an individual or an organisation. Bookkeeping...
by Cindy Su | May 20, 2024 | All, Business
Accurate bookkeeping is essential for any business, laying the groundwork for financial stability and compliance with regulations such as those set by the Australian Taxation Office (ATO). Throughout this article, we’ll pinpoint common bookkeeping mistakes and...
by Cindy Su | May 16, 2024 | All, News and Updates, Tax and Accounting, Uncategorized
On 14 May 2024, the Australian Federal Government presented the 2024/25 Federal Budget. This budget outlines a comprehensive plan to strengthen the country’s economy and provide more support to its citizens. Announced in a time of changing economic conditions,...
by Carissa Javier | May 14, 2024 | All, News and Updates
Edit: We are very proud to announce that Cindy Su has won the highly coveted 2024 Partner of the Year Award. This achievement highlights her exceptional leadership and dedication to the accounting profession. – We are thrilled to announce that our co-founder and...
by Ed Chan | May 14, 2024 | All, News and Updates
In a time of increased oversight and stricter regulations, the Australian Taxation Office (ATO) is emphasising that tax reliefs like payment plans should be accessed only by those who truly need them. Additionally, the ATO is keeping a close watch on deduction claims...
by Cindy Su | May 8, 2024 | All, Business
When it comes to managing your business finances, staying on top of bookkeeping is crucial. However, for many Australian business owners like yourself, juggling bookkeeping tasks alongside day-to-day operations can be overwhelming. That’s where outsourcing your...
by Ed Chan | Apr 24, 2024 | All, Business, Property
Investment properties offer numerous advantages for business owners beyond just financial returns. They provide opportunities for wealth preservation, portfolio diversification, and tax advantages. Additionally, owning investment properties can serve as a hedge...
by David Naylor | Apr 22, 2024 | All, Business
What is a Director Identification Number? A Director Identification Number, commonly known as a DIN, serves as a unique identifier for directors and plays a pivotal role in enhancing transparency and accountability within the corporate sector. Mandated by recent...
by Cindy Su | Apr 19, 2024 | All, Business
With the ATO closely scrutinising work-related expense claims, medical professionals including doctors, dentists, ophthalmologists, therapists, chiropractors, among others, can benefit from the Australian Taxation Office’s enhanced support and guidance....
by Cindy Su | Apr 16, 2024 | All, Business
What are Employee Share Schemes? Employee Share Schemes (ESS) refer to programs initiated by companies to offer their employees the opportunity to acquire shares or an ownership interest in the company. These schemes are designed to incentivise and reward employees...
