The previously announced SGC Amnesty is a draft law before parliament. The proposed Amnesty provides a catch-up amnesty for Businesses to bring their SG up to date Tax Deductible No Administration Fee Must also add the Interest that would have been earned However, it is not law yet, so the Amnesty […]
Businesses can’t survive without accounting. Not only does the ATO frown on businesses that don’t keep appropriate records come tax time, you won’t even be able to know how your business is doing without knowing the health of your cash flow or what your margin is. So what have we done […]
Small Business owners typically operate in a very reactive fashion. They react to issues as they arise. They handle jobs as they come up. They take care of their books when it’s tax time, or time to pay the bills. But there is a huge problem with this approach. First, it’s […]