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Category Archive for ‘Accounting’

Keeping ABN details up to date

The ATO finds that businesses tend to forget to update their Australian business number (ABN) details in the Australian Business Register (ABR) when their circumstances

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New Approved Occupational Clothing Guidelines 2017

The government has issued new guidelines to set out criteria for tax deductible non-compulsory uniforms. Editor: The taxation law only allows a deduction to employees

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Single Touch Payroll

Single Touch Payroll update A limited release of ‘Single Touch Payroll’ began for a small number of digital service providers and their clients on 1

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Tax Returns and Your Bank Interest

What you need to know. Income earned is income you need to declare on your tax return. That includes bank interest. In April, 2017, the

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Common Deductions you cant forget this tax time

When you do your tax return yourself, it’s easy to miss out on a few deductions you should’ve known about. Are you short on time? Or maybe

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2016/2017 Individual Tax Return – Checklist

Our team at Forward Focus want to make things easy for you. Below is a checklist you can use either when preparing your tax return

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MYOB vs Xero: Part Two

Cloud based accounting has many advantages, but which software provider do you use? Last week we looked at the advantages of using MYOB cloud accounting

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Selling your business

Success Tip #5

DON’T BE AFRAID TO ASK FOR HELP. Do your goals involve a fair amount of success? I hope so and if they do, have you

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The ATO and your Rentals

Are you hoping to claim your rental property at the end of this tax year? Do you know that most individuals make common and yet

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How to Improve Company Cash Flow

Turnover and profit play a large role in how much your company is worth but do you also know how important cash flow is to

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