mistakes-with-gst

Australian businesses with an annual turnover of more than $75,000 must be registered for GST. Charging an extra 10 per cent on top of services sounds simple, yet a number of small business owners get caught making one or more of these mistakes with GST. Businesses falling beneath the $75,000 threshold are not required to
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improve-cash-flow
2017-budget
business-improvement

As a small business owner, you probably don’t have the time or the budget to make big changes to improve your business. However, even minor changes can make a noticeable difference to your bottom line. Here are some of our best tips to help your business stay on track. Use the right tools. You wouldn’t
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business-mistake
bookkeeping-partner
bookkeeping

The accounting process as we know it today evolved from the work of an Italian friar, Luca Pacioli, who, in 1494 had a book, Summa de arithmetica, geometria, proportioni et proportionalita, published that set out the details of the double-entry bookkeeping system. While he was not the first to use this system, his book described
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bookkeeper

Business owners are often concerned about the financial state of their business. But many are unsure about how to stay up-to-date with the comings and goings of their finances. That’s where their bookkeeper can help. While many people turn to family or friends for business advice, they are often no match for the expertise and
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company-director

A company is a separate legal entity with its own rights and obligations.  Company assets, liabilities, income and expenses belong to the company entity, not to the individual directors. Directors are bound by certain rules that govern your behaviour.  You must carry out your duties as a director in good faith, in the interests of
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bookkeeper

At TrackMyNumbers, we love bookkeeping. We think it’s great to be able to help business owners and managers run their business more efficiently. But you may not understand all of the ways we can help you focus on growing your business. Keeping on top of your compliance obligations. Bookkeepers are always on top of the
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