30 June is right around the corner, which means now’s the time to prepare for EOFY and tax time. Here’s what you should be asking your accountant about.
Many business owners panic when they leave their end of financial year preparations to the last minute. Don’t wait! Start preparing now with these tips.
EOFY is coming, and if you’re a small business owner or a startup founder you’re probably starting to think about the best way to prepare your business for it.
If there is an account that you are disputing, why not get it settled before 30 June?
Accountants now spend more resources on staying up to date and they’re banging the drums for more flexible learning options.
If your business produces or purchases stock for the market, you’ll likely need to do at least one stocktake at the end of the financial year for tax reasons.
Ditching the boss and working for yourself freelancer can be one of the most rewarding career moves out there, but with all that added flexibility comes more responsibility at EOFY.
Providing benefits can be a great way to recognise and reward your employees’ work, but they do bring Fringe Benefits Tax (FBT) complications.
Setting up a new business means being tech savvy. But when it comes to tax, startups often get it wrong.