by Peter McCarthy | Jul 22, 2020 | Accounting
The boost to the instant asset write off rules, put in place to help stimulate the Australian economy during the COVID-19 crisis has been extended to the end of this year. Businesses with a turnover of up to $500 million a year will be allowed to continue writing off...
by Peter McCarthy | Jun 21, 2020 | Accounting
When assessing eligibility for JobKeeper assistance, the first question to consider is whether the entity was carrying on a business as at 1 March 2020. This question is of particular relevance to entities that have solely or predominantly rental income (other than...
by Peter McCarthy | May 28, 2020 | Accounting, Business Management
The COVID-19 pandemic has proven challenging for many small business owners. It’s challenging to run your business remotely, especially if you’re not set up to do so. If you run a business that requires customers or clients to come to you, you might be...
by Peter McCarthy | May 21, 2020 | Accounting, Business Management
Your “Cash War Chest” is the financial reserve your business has built up so you can take advantage of an opportunity or cover unforeseen costs or emergencies. Creating a cash reserve when finances are tight, however, can be challenging. You need money to...
by Kelly | May 1, 2020 | Accounting, Office, Staff
Working from Home (WFH) is not new to me. I have been working from home on and off for the last five years. However, over the previous two years, this has been more regular. Currently, about 40% of my hours are worked at home. Some people love it and wish it was their...
by Peter McCarthy | Mar 16, 2020 | Accounting
In light of the recent developments around the Coronavirus (or COVID-19) and the uncertainty we are all facing day today, we felt it important to assure you that we expect no major interruptions to the services that we provide to you. Our cloud systems mean that you...