Covid Small Business Loan Holiday!
The Australian Banking Association says that ALL SMALL business hit by the corona virus will be able to access a 6 mth deferral of loan payments. We recommend that all small businesses speak to your bank(s) to find more details. Some banks have also announced a holiday for home loans. That also supports small business […]
We Provide Safe Online Accountant Meetings
The ATO continues to peruse late lodgers, but online meeting may be the answer. Accountants 2 Business have provided online meetings with Tax Advisers for many years and it’s certainly growing in popularity for main the following reasons: Social distancing and safety: With the current concerns around Coronavirus transmissions, clients can keep social distance but […]
Government Coronavirus stimulus & what it means to you.
The Government has announced a $17.6 billion economic stimulus package to help stave off an economic recession. The main points: From Thursday 12 March 2020, the instant asset write-off threshold has been increased from $30,000 (for businesses with an aggregated turnover of less than $50 million) to $150,000 (for businesses with an aggregated turnover of […]
The Benefits of Xero
You can expect to hear a lot about the accounting software called “Xero” in the near future. This cloud-based program has been adopted by businesses of all sizes over the last several years. The software helps users organize and execute standard bookkeeping and accounting functions. Xero has more than 1.3 million users all over the […]
Why you should Hire an Accountant for your Business?
Nobody wakes up and thinks… getting an accountant sounds fun! It’s one of those things, like going to the doctor or getting a lawyer that no one is excited for. Should I Hire an Accountant for my Small Business? Absolutely you should. In fact, if you don’t hire a top accountant, you’ll be leaving money […]
Fresh New Business Opportunities For Meat-Free Products
Every year, more and more meat-free startups are making headlines. This trend of new vegan product businesses is simply a spark from the laws of supply and demand. The fact is, more Australians are eating meat-free products every year. In 2018, Australia was the most popular country for veganism according to Google Trends. However, this […]
ATO is Chasing Employee Super Payments with Single Touch Payroll
The Australian Taxation Office (ATO) is beginning to crack down on employers avoiding super payments. Ever since the single touch payroll (STP) became mandatory for small employers on July 1, 2019, the ATO has been receiving millions of data points tracking superannuation payments. The ATO is now able to analyze the data that began flooding […]
ATO Warning: Single Touch Payroll
Employers will face penalties for missed or late reports as outlined by ATO. New penalties would be applied for the first 12 months of STP (single touch payroll). This took effect for larger companies on July 1st, 2018. It’s just now been rolled out to smaller companies that have 19 employees or less taking effect […]
7 Things every business owner should know
As a small business owner, you may be struggling. There are several things you need to know as a small business owner. Use this short guide to help you grow your business and understand it better. Business Apps Are Helpful In your business, you are probably quite busy. You can use business apps to automate […]
Why It’s Important to update your Business Tech
Technology has increasingly become a central part of business in our world. Software as well as hardware power and enable businesses to, not only complete their work but also be more competitive and adaptable to the ever-changing environment. Keeping all business technology up to date is of utmost importance. As a business owner, you’re likely […]
