The Benefits of Hiring an Accountant

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The Benefits of Hiring an Accountant

My name is Tony and I am a small business owner who lives and works in Sydney. I am pretty new to the world of business and so I am pretty much just finding my feet. I was so busy finding somewhere to rent, buying stock, advertising in the local paper and developing my website that I didn't think twice about who would keep my books in order. Boy, I had a real shock when I had to complete my tax return. I just couldn't do it. I decided to call in a professional accountant and they couldn't have been nicer. The accountant explained what I needed to know and then helped me to file my tax return on time.

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As an Expat, Are You Sure You’re Ready to Move Back to Oz?

27 September 2018
 Categories: , Blog

Have you spent some years working overseas, as you enjoyed a different way of life with your family? Many Australians have been down this road before you, perhaps because their job asked them to do so or they simply fancied a change of scenery with some tax benefits tagged on. Yet, all good things come to an end as the saying goes, and you may be planning to return to Australia to start another phase of your life. Read More …

3 Things to Know about Starting a Virtual Accounting Business

14 May 2018
 Categories: , Blog

As an accountant and bookkeeper, you may consider going virtual with your business. The problem for many accountants, is trying to figure out what they need to know about starting a virtual accounting business and what steps to take. Here are three things to know about starting a virtual accounting business and what you need to know about each aspect. Multiple Clients One of the first things to know about being a virtual accountant is your ability to take on multiple clients. Read More …

How to Minimize Your Risk of Being Audited

26 December 2017
 Categories: , Blog

For small and large business owners in Australia, the Australian tax office tends to keep a closer eye on their financial activities and reporting practices. Businesses work with more complex tax laws and they also tend to have more loopholes available to exploit. As a result, any anomalies that are suspected by the Australian Tax Office may lead to an audit of your business and personal finances. Tax preparation services can enable you to prepare all your financial documents and reduce the risk of an audit. Read More …

Strategies for Reducing Your Tax Burden

25 October 2017
 Categories: , Blog

Australian tax laws can be complicated to understand. You can therefore find yourself paying hefty taxes and getting a minimal return during tax season. However, if you implement the right tax planning strategies, you can navigate the tax code and minimise your burden. This can enable you to have a little more money in your pocket and enjoy a larger return during tax season. There are several strategies you can implement to reduce your tax burden. Read More …

Considerations for Hiring a Virtual Xero Bookkeeping Consultant

25 October 2017
 Categories: , Blog

Hiring a virtual bookkeeping assistant may be something you have considered for awhile. The issue is finding someone that has the credentials you need to handle all of your accounting needs. One way to ensure you are doing this is to hire someone who is listed as a Xero software bookkeeping consultant. Here are a few of the considerations about this to take into account. Business Category The first thing to consider when you are looking at virtual Xero software bookkeeping consultants is the business category of their experience. Read More …