What Is An Accountant?

What is an accountant?

“What is an accountant?”    We often hear this, especially in the context of whether they’re any different from bookkeepers.    Well, the truth is, accountants are responsible for a lot. So, in this article, we’re looking at everything you can expect yours to undertake, and how they quickly become the backbone of successful businesses […]

The 4 Different Types of Businesses in Australia

types of businesses in australia

The 4 Different Types of Businesses in Australia Understanding Australia’s four types of businesses is imperative for anyone looking to tap into its diverse and dynamic business landscape.  The country offers a wide range of opportunities for entrepreneurs and investors alike. But before embarking on any business venture in this promising land, it’s crucial to […]

Benefits of Tax Planning for Small Businesses

Tax Planning

Understanding tax regulations can be challenging, especially when you’re a small business owner juggling many responsibilities. From overseeing daily operations to ensuring customer satisfaction, you have much on your plate.  On top of that, the reality of taxes inevitably comes into play. You might often hear people emphasise the importance of tax planning and advise […]

Single Touch Payroll (STP): Revolutionising Payroll Management

In the not-so-distant past, Australian business owners like you faced the laborious task of manually reporting payroll information to the Australian Taxation Office (ATO). The annual reporting burden was time-consuming and often took up valuable resources, hindering efficiency and productivity. Recognising these challenges, the ATO introduced Single Touch Payroll (STP), a system devised to simplify […]