Bookkeeping

Bookkeeping Archives

Four ways to reduce your business tax bill this EOFY

Small businesses can pre-pay up to 12 months of certain deductible expenses before EOFY (such as rent, subscriptions and...
tax obligations

ATO issues warning about the three most common tax filing errors

In 2023 more than eight million people claimed a work-related deduction, with around half of those claimed a deduction r...
Fair Work Ombudsman

Victorian agribusiness Lotus Farm fined for underpaying workers and falsifying records

Lotus Farm provided false or misleading pay slips to the FWO and gave no payslips to the workers.

FWO conduct surprise inspections of Yarra Valley and Mornington Peninsula farms

Inspectors are on the alert for low rates of pay that breach the Horticulture, Pastoral or the Wine Industry Award laws.

Small business with big dreams? Here’s how to plan your finances effectively

Financial management is about understanding your numbers, making informed decisions, and having the right support system...
agriculture, farmers, farms

Shepparton farms checked over possible underpayments

Ensuring the compliance among agriculture sector employers remains a priority for FWO as it continues to conduct surpris...
payment, payments, pay rules, payroll managers

Two-fifths of SMEs admit to payroll errors

The reliance of 48 per cent of small businesses on outdated and non-automated systems is contributing significantly to t...
noodle

Perth eateries in FWO’s sights

About 20 eateries in Perth have been targeted for inspection based on their prior history of non-compliance or having em...

Xero and Sumday partner to help small businesses with their carbon accounting

The partnership is designed to take carbon accounting to an audit-ready standard that is accessible and affordable to al...
expense management, expenses

The biggest challenges Aussie start-ups face…and how to overcome them

Failing to set money aside to pay tax is one of the most common pitfalls that new businesses fall into.