Business owners will need to be aware of the Single Touch Payroll (STP). The Single Touch Payroll is an initiative by the Australian Tax Office (ATO) that hopes to provide better accuracy and timeliness on a business’ payroll processes. Among the things that it is aimed to help businesses with include payroll and taxation. Companies…
Category: Fiscal Tips
Save your business by outsourcing your bookkeeping obligations
It is common to see a business owner who finds it difficult to control all aspects of his business single-handed. One of the most crucial things that is often overlooked is accounting. We have to admit, it is not a very exciting topic. But it doesn’t have to be that bad. Joing our canberra bookkeeper services.…
How to choose the right payroll service for your hospitality business
As outsourcing and cloud computing becomes more popular with business owners due to the time and cost efficiencies, one of the most straightforward tasks to transition is payroll. In the hospitality industry, payroll is crucial yet somewhat annoying, i.e. it needs to be done, but it takes up valuable time that could be spent running the actual…
8 Tips for Effective Small Business Bookkeeping
One of the reasons why startups tend to fail is the fact that they don’t have the right small business bookkeeping practices. Bookkeeping services are known to give businesses an objective look to what is happening in their business. Ultimately, it could lead to identifying money-generating opportunities and avoiding cash-flow problems along the way. Small…
