by Tracy | May 16, 2024 | Business, News
Being the boss means you get to make all the big decisions about your business – including how much to pay yourself in wages, salary or drawings. As the owner, you might need to underpay yourself in the early stages of building your business, so you can reinvest the...
by Tracy | May 10, 2024 | Business
Selling your business is a big move for any owner. You’ve built this company up, scaled it and put years of hard work into it. So when the time comes to sell, you’ll want to know that you’re getting the best price, and the best future for your legacy. We’ve outlined...
by Tracy | May 7, 2024 | News, Tax
Understanding tax payments can feel tricky so we’ve broken down the basics of Provisional Tax and Terminal Tax. These two tax types are essential to managing your business finances and understanding them can help you avoid the infamous ‘second year tax...
by Tracy | May 1, 2024 | Business, Newsletters
The curtain has officially fallen on the 2024 financial year. As we bid farewell, it’s time to wrap up our accounts and take stock of our financial performance. If you haven’t done so already, it’s important to ensure that your financial records are...
by Tracy | Apr 23, 2024 | News, Xero
Regular bank reconciliations are an important part of managing your finances. They are the process of matching the transactions in your financial records with those recorded on your bank statement. This is a critical process that helps identify and rectify any...
