Are you paying above the award rate? Are you sure?
Initially when we ask ‘are you paying above award rate?’ We get a definite ‘yes of course’ from our clients. However, with recent changes to minimum wage, you would be forgiven for falling dangerously close to the underpayment line. Here’s our summary of the changes and advice for moving forward.
Continue ReadingI don’t need a bookkeeper… do I?
Have you been having a crack at doing your own bookkeeping? How’s that working out for you?
Continue ReadingThe world of Xero; navigating through it
My journey with Xero started 4 years ago. I still remember my first ever Xero client, a builder who had set up this new online accounting software and needed help with his bookkeeping. Being new in business myself, I was a ‘“yes” person (as we all are when we first start out). I thought to myself “it’s fine Kath, you got this, how hard can it be?”.
Continue ReadingSaving for GST, PAYG and Super
Who has a personal savings account for holidays and unexpected bills? Why should you treat your business any different! Many NT small business’s find themselves in a panic at the end of every month or quarter trying to scrap together enough cash to cover the GST and PAYG liabilities when they fall due. With some commitment and discipline to following this best practice you will be able to chill out and pay you ATO bills when they fall due.
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