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Recent announcements made by the Australian Government

Recent announcements made by the Australian Government

Federal Budget lock-up arrangements confirmed The Government has given the confirmation about the 2021-22 Federal Budget and it will be released on Tuesday 11 May, 2021. Targeted CGT exemption for granny flat arrangements Treasury has published exposure draught...

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Accounting Tips to Run a Successful E-commerce Business

Accounting Tips to Run a Successful E-commerce Business

By 2021, the e-commerce industry is expected to hit $35.2 billion in Australia, and the sector will continue to grow. The up-and-coming domain is quickly becoming the latest love of Melbourne's aspiring entrepreneurs. If you're planning to open an online store or...

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How to handle the Small Business Finances accurately?

How to handle the Small Business Finances accurately?

Every small business owner's top priority should be to manage money wisely. The cash flow of a business refers to how money enters and exits the company. Your goal should be to hold cash in your business's operating account for as long as possible. Certain skills are...

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Money Management Mistakes Small Business Owners Make

Money Management Mistakes Small Business Owners Make

There are numerous factors that may lead to a failure of a business venture. It could be a lack of consumer interest or is a matter of bad marketing tactics. It does not matter what is the financial background, all business owners must know there is more to running a...

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Common accounting errors in small businesses to be avoided

Common accounting errors in small businesses to be avoided

Having a complete understanding of the financial status of a business is extremely crucial and assists to analyze when to enhance the growing efforts. Some business owners like to dive deeper into the numbers and the world of business accounting. However, others could...

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The female founders initiative

The female founders initiative

All eligible applicants can apply for a grant between $25,000 and $400,000. If you meet additional eligibility criteria, you can apply for a grant of Between $25,000 and $480,000.The grant amount will be up to 50% of eligible project costs. The grants will be...

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Daily habits to set up for a financial success

Daily habits to set up for a financial success

Whether you intend to resolve the debt or put a deposit down for a home or starting a family, there are several reasons to save or want to achieve financial freedom. To make things much easier, we have a few everyday habits that you may incorporate into your lifestyle...

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Technology adoption and innovation Program for Victorians

Technology adoption and innovation Program for Victorians

The grants to be provided for small to medium-size enterprises in Victoria by assisting them to adopt or develop new digital and innovative technology projects. This $5 million Technology Adoption and Innovative Program is aimed to assist eligible Victorian small to...

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Recent Announcements made by the ATO

Recent Announcements made by the ATO

Making Super contributions after 1 July in 2021 comes with a nice surprise since the concessional and non-concessional caps have been indexed with the increases to the Transfer Balance Cap and Total Super Balance Cap. So what it is all about? Increment in the...

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Boosting Female Founders Initiative – Round 2

Boosting Female Founders Initiative – Round 2

Overview The Boosting Female Founders Initiative is grant to help female founders of start-up* businesses to launch and scale their businesses into domestic and global markets. The assistance will be on a co-contribution basis. This program will also be responsible...

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Career as a Tax return accountant – skills required

Career as a Tax return accountant – skills required

A career as a tax agent in Melbourne is varied, challenging, and are not mathematical as you think. It may suit graduates from all types of disciplines. Therefore, are you the type of person that employers look for? What skills do you require to stay in the world of...

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Are novated lease worth it?

Are novated lease worth it?

What is Novated lease? Being in the market for a new car, you could consider certain finance options such as taking out a personal loan or drawing down on a mortgage. However, have you ever thought of a novated lease? A novated lease is a form of salary packaging that...

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Things You Should Know Before Hiring a Tax Accountant

Things You Should Know Before Hiring a Tax Accountant

Successful businesses are backed by efficient employees. Bookkeeper and tax accountant are amongst these employees. The accounting firm can assist you with tax minimization and staying aware of the recent taxation laws. They may help you to fill compliance documents,...

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Top 10 Questions to ask when Hiring an Accountant

Top 10 Questions to ask when Hiring an Accountant

For small businesses, Hiring an accountant is a significant and daunting task. If you are a new business startup, Hiring an accountant could be a vexing process for you; however, if you ask the right questions, it is a much simpler task. So to assist you to find the...

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Gain a Better Insight into an Adjusted Taxable Income

Gain a Better Insight into an Adjusted Taxable Income

Whether you are applying for tax offsets, government benefits, or concession, but the eligibility can be determined with your adjusted taxable income (ATI). To get detailed information about adjusted taxable income, keep reading on: What is Adjusted Taxable Income?...

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Services provided by Accounting Firm

Services provided by Accounting Firm

We all understand that none of the business can survive without bookkeeping and accounting. No doubt, accounting, and bookkeeping are the crucial parts of the businesses. The companies rely on the accounting firms since they provide a real picture of the organization...

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Tools for Accurate Accounting and Bookkeeping

Tools for Accurate Accounting and Bookkeeping

Accurate and efficient accounts management makes a pillar of stable cash flow and smoother business functioning. Maintaining efficient cash flow, optimizing lucre, minimization of expenditures, and creation of new investment opportunities are possible when every...

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How to find an Accounting Firm in Melbourne?

How to find an Accounting Firm in Melbourne?

How to Find an Accounting Firm in Melbourne: Your checklist for successfully Finding a firm Accounting services track expenses, income, taxes, and other information related to the financial condition of the organizations. These types of services are in-demand for a...

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What do You Need to Know to Run Your Business?

What do You Need to Know to Run Your Business?

Commencing a small business is no small decision. There are certainly no limits on who may become an efficient entrepreneur. You don’t require any college degree or money in the bank or even expertise to start a business. You just need a strong plan and the drive to...

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