LATEST NEWS & ARTICLES

2018 Federal Budget – Key points for you!

2018 Federal Budget Release - Key points for YOU! Please see below a quick and easy run through of changes that might affect you in regards to;  Personal Income Tax GST Business Farmers & Regional/Rural Aussies Superannuation Personal Income Tax Changes If...

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Tax Minimisation and Planning

Tax Minimisation & Planning. Strategies to Minimise your Business Tax. Remove those nasty surprises that come at Tax Time and take action NOW! Investing in Tax Planning can save you significant time and money. And that is why it is one of the most valuable...

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April 2018 – Industry Updates

Industry Updates - April 2018 From National Tax & Accountant's Association. We’ve assembled some important updates for April 2018, from National Tax & Accountants’ Association to help you stay in the loop of accounting and tax updates for you and your business.  New...

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10 Best WorkflowMax Features for Xero Users

10 Best WorkflowMax Features for Xero Users Originally published by Xero. “It’s a life saver. All you need is those two systems – WorkflowMax and Xero to run an effective agency.” – Mary Ellen Davy, Ellen&Ellen agency   Xero users are savvy, clever, and...

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It’s time to get ready for Single Touch Payroll

It's time to get ready for Single Touch Payroll Originally published by ATO. From 1 July 2018, if you have 20 or more employees, you'll need to use Single Touch Payroll-enabled software to report your tax and super information to us. You'll need to report...

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Delegating tips to make your life easier

Delegating tips to make your life easier If you can free up an hour a day, you’ll create a month a year for yourself. If you’re a business owner, that could be a breakthrough thought. What would you do if you were able to free up a month a...

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February 2018 Team Advocate – Jen Perrin

TEAM ADVOCATE FOR FEBRUARY 2018 - JEN PERRIN Jen is studying a Bachelor of Business majoring in Human Resources and is schedule to graduate in mid-2019. Jen started with the NBC team in 2012 and has now transitioned into the role of Practice...

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4 ways to spot a worthwhile business trend

Business trends come and go quickly, when investing it is important to verify if the idea will be able to stand the test of time. Here are four things to look for to evaluate if an idea is right for you and your business: It meets a basic need When considering current...

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Five common mistakes startups make at tax time

Starting a business is an exciting time, you are bringing your idea to life and showing it off to the world. Whilst this is exciting it is important to ensure that you consult professionals to ensure that you are structuring your business right and implementing the...

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Six tips to a successful stocktake

At the end of each financial year it is important to do a stocktake to have an accurate idea of the stock on hand.  Knowing the number of items that your business owns and that are in inventory allows you to reconcile physical stock to inventory records. This process...

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Your obligations at the end of the financial year

The end of the financial year is fast approaching, as an employer there are a few legal requirements that you must abide by in order to be compliant. The beginning of a new financial year also brings about changes that come into effect on 1 July, this year we are...

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Steps for exiting your small business

It is inevitable that you will exit your small business, whether it is to move onto the next big idea, gain more of a work-life balance or retire. Having an exit strategy (or succession plan) will help to make the exit from your business easier and give you a much...

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