by Karen McDonald | Jul 21, 2025 | Accounting & Tax, Paperless Office, Small Business
eInvoicing in Australia: What It Means for Your Business (July 2025 Update) by Karen McDonald July 2025 What is eInvoicing? Unlike a PDF emailed to your client, eInvoicing delivers invoices directly from your accounting system to your customer’s system. It’s secure,...
by Karen McDonald | Aug 7, 2023 | Accounting & Tax, ATO, Small Business
Introduction In recent times, we have noticed the Australian Taxation Office (ATO) has begun rigorously following up late or non-payments of superannuation. Â This has resulted in notices being generated for employers and fines being applied. This fact Sheet is to...
by Karen McDonald | Aug 9, 2020 | Efficiency, Small Business
Who is guilty of replaying a story over and over, knowing full well it is not helping us personally or anyone else……… This extract really struck a cord yesterday, so I went and found the image to make it really stick in my mind! To overcome...
by Karen McDonald | Jun 18, 2020 | Accounting & Tax, Accounting efficiency, Office automation, Small Business
Many clients consider whether or not to do their own bookkeeping. There are benefits to keeping the bookkeeping function in house including: Business has control over the timing of management reporting Mistakes can quickly be seen Most queries on transactions can be...
by Karen McDonald | Jan 28, 2019 | ATO, Small Business
Do you employ staff with HECS Debts …………Beware of their traps! We have had a number of employed professionals stung by the HECS repayment trap recently! These are the traps to lookout for … A professional earning under $51,957 has NO HECS to pay… now that is a...
by Karen McDonald | Jan 28, 2019 | ATO, Small Business
This one gets up my goat…………. Lobby your local member about the ATO getting into the spirit of Christmas to allow the boss to claim the cost of the annual Christmas party as a business expense. Currently the situation is up to $300 per...
