Bookkeeping related Ideas & Tips
Tax Concessions for Small Businesses: A Comprehensive Guide [2026 Update]
Small businesses play a vital role in the Australian economy, contributing significantly to job creation, innovation, and overall economic growth. Recognising their importance, the Australian Government offers a range of tax concessions designed to support small businesses, allowing them to reduce their tax burden, reinvest in growth, and maintain financial stability. This article explores the various tax concessions available to small businesses in Australia and outlines how they can benefit from these opportunities.
Bookkeeping 101: A Beginners Guide to Business Bookkeeping
Running a successful business involves more than just offering a great product or service—it also requires maintaining a strong financial foundation. Whether you're just starting out or have been in business for a while, bookkeeping is one of the most important aspects of managing your finances. In this beginner’s guide, we’ll cover the basics of business bookkeeping, including what bookkeeping entails, how it differs from accounting, and tips on how to work effectively with a professional bookkeeper.
Christmas Gifts for Employees: Tax Deductions, GST & FBT
Are you thinking of appreciating your employees this Christmas with a gift or a company party and wondering how to not struggle with tax implications?