by Peter McCarthy | May 28, 2020 | Accounting, Business Management
The COVID-19 pandemic has proven challenging for many small business owners. It’s challenging to run your business remotely, especially if you’re not set up to do so. If you run a business that requires customers or clients to come to you, you might be...
by Peter McCarthy | May 21, 2020 | Accounting, Business Management
Your “Cash War Chest” is the financial reserve your business has built up so you can take advantage of an opportunity or cover unforeseen costs or emergencies. Creating a cash reserve when finances are tight, however, can be challenging. You need money to...
by Kelly | May 1, 2020 | Accounting, Office, Staff
Working from Home (WFH) is not new to me. I have been working from home on and off for the last five years. However, over the previous two years, this has been more regular. Currently, about 40% of my hours are worked at home. Some people love it and wish it was their...
by Peter McCarthy | Apr 24, 2020 | Taxation
The ATO says it can help if you have lost tax records due to a natural disaster such as a bushfire. It says it can achieve this by providing on-site visits to help you reconstruct lost or destroyed tax records and/or assistance to work out reasonable estimates if you...
by Peter McCarthy | Apr 22, 2020 | Business Management, Taxation
If you are running a business, you can no longer claim deductions for payments to employees/workers if you have not met your Pay As You Go PAYG Withholding obligations. What is PAYG Withholding? As an employer, you have a role to play in helping your payees meet their...
