December is usually the busiest time of the year for retail and hospitality businesses. But businesses in other sectors often find that their sales slowdown and their customers stop paying them for a few months. So cash flow dries up.

Small business owners who employ casual staff are set to be impacted by new provisions that will allow some casual employees to convert to full-time or part-time work after 12 months of employment.

The GST has now been in effect since 1 July 2000, yet despite a massive Australian Taxation Office (ATO) education campaign there are still many errors and omissions being made by small businesses on their Activity Statements. Most of these errors relate to the over-claiming of GST credits. If you or your bookkeeper are incorrectly classifying your expenditure or revenue for GST, you may be exposing yourself to future penalties and interest charges from

What is happening? The Australian Securities & Investments Commission (ASIC) is working with the Australian Business Register to retire the use of trading names in Australia.

Managing your receivables is important if you want to maintain your cash flow, and late payments can be crippling to your business – especially if you’re working on a tight budget. That’s why it’s critical to find effective ways to collect what’s owed to you on time. Here are some practical hacks for collecting late payments effectively:

In this article we take a look at the consequences of decisions made around private companies paying dividends and the solvency test.

Queensland businesses are being urged to seek advice and check records of current and former employees after a major Federal Court decision on the wages of apprentices in Queensland. 

Are you the director a Small to Medium Business? If so, you are invited to attend “The Role of a Director in Small to Medium Businesses” workshop on Wednesday the 13th of September.

If your business is in the building and construction industry you are quickly running out of time to get your Taxable payments annual report lodged!

In any business transaction we need to be careful and take precautions before making a commitment. When buying a house we get a property inspection, when buying a car we arrange for the vehicle to be inspected before purchase. So naturally it is wise for us to have an expert check-out the business before buying and more if you are looking to do business  with it, you can also follow this