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When Should You Fix a Mistake or Amend a Return?

If you have made an error or left something out of a business or super tax return, statement, or activity...

What Does a Small Business Bookkeeping Checklist Include?

Running a business means handling numerous things at once. Operations, clients, deadlines, and your business books all demand attention. However...

What is BAS and How Does the BAS Lodgement Process Work?

You might be reading this blog to learn about the Business Activity Statement (BAS), and how to lodge a BAS...

How Does Accurate Bookkeeping Boost Cash Flow?

Cash flow is the backbone of any business, and in Australia, it is one of the most common reasons why...

What is the ATO’s Failure to Lodge on Time Penalty?

Have you heard about the failure to lodge on time penalty? In this blog, we’ll discuss what penalties the ATO...

Things to Look for When Choosing Bookkeeping Services

Bookkeeping can be time-consuming and a daunting task, especially if you manage your business books on your own without seeking...

What Happens If You Ignore Bookkeeping Until the Last Minute?

Until a financial emergency or tax season occurs, many business owners tend to ignore the importance of bookkeeping. While it...

When Are You Eligible to Claim a GST Credit?

You can claim a GST credit for any GST included in the price of goods and services you purchase for...

What Should Business Owners Know About Tax Obligations?

Every business, small or large, needs to understand its tax obligations. Failing to meet tax obligations can lead to penalties...
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