Whether you’re in full lockdown, restricted trading conditions or back to ‘business as usual’, there’s still real uncertainty for business owners. We’re trading in challenging times at present. And knowing what step to take next is a key worry. We know that you invest more than simply time and money into your business. It is […]
Blockchain: Innovation For Businesses
What exactly is ‘blockchain’ technology? And how could it have a positive impact for your business? Blockchain, or ‘distributed ledger technology’, works by splitting up information into discrete blocks or ledgers, and saves these blocks across multiple servers. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data, creating a […]
Your PAYG Withholding Statement (IAS) Is Due On The 21st
Some employers need to pay PAYG withholding liabilities to the ATO monthly, even if the BAS is lodged quarterly. The monthly instalment activity statement (IAS) and payment is due on the 21st, whether you are lodging your own statement or using our lodgement service. Things to review before finalising the IAS: Have you allocated all […]
Your Monthly Activity Statement (BAS) Is Due On The 21st
Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement day: Have you allocated all bank transactions to the correct accounts? Have you verified that the bank balance listed in your accounting software matches the balance in your bank account? Do […]
Managing Cashflow And Accessing Emergency Funding
Working capital is a vital component of any successful trading business – providing the liquid cash needed for everyday operations. Suddenly finding your business without this cash can be a shock, but there are ways to fill these cashflow holes and get the company back on track. In short, it comes down to careful cashflow […]
Cash Flow And Cost Control
More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Revenue, profit and your bottom line will all resume their importance when we’re back to “normal” (however that’s going to look), but keeping everything running is the priority for now. Regular cashflow forecasts will help […]
Your Fringe Benefits Tax Return Is Due Soon
If you are lodging your own fringe benefits tax (FBT) return, you need to lodge and pay by the 21st of May. If we are lodging on your behalf, your due date is not until the 25th of June. Even if you have been paying FBT instalments on your quarterly BAS, we still need to […]
How To Safeguard Your Team’s Mental Health
The coronavirus pandemic has forced a significant amount of change and upheaval onto you and your team – in a very short amount of time. We’ve gone from ‘business as usual’ to closed offices, working from home and the full reality of isolation during an emergency lockdown. To combat this change, it’s important to take […]
Business Sustainability In Uncertain Times
“Focus on becoming sustainable through a period of uncertain weakness, and building flexibility to respond quickly when your particular sustained upturn comes along.” Tony Alexander, Former BNZ chief economist. Tony’s View 16 April 2020 For business owners, it is hard to predict when things will return to normal. Even when lockdown measures ease, there […]
