by Davie Mach | Jun 21, 2024 | Accounting, BAS, Tax Returns & Financial Statements, Bookkeeping, Contractor Handbook
The ATO conducts an audit to verify compliance with your tax obligations and determine if you owe any taxes. The ATO has the power to audit any taxpayer, and they undertake most audits using information matching. The ATO will compare the information you provide with...
by Davie Mach | Dec 8, 2022 | Accounting, BAS, Tax Returns & Financial Statements, Bookkeeping, Contractor Handbook
Any well-established business owner will tell you that investing in your employees’ skills and development is a critical factor in achieving success in your business. It encourages employee engagement, boosts an organisation’s overall productivity, and equips...
by Davie Mach | Dec 1, 2022 | Accounting, BAS, Tax Returns & Financial Statements, Bookkeeping, Contractor Handbook
So you want to start a business in Australia? Great! This country has a lot to offer aspiring business owners. But before you get too excited, there’s one crucial thing you need to wrap your head around: federal government taxes. In Australia, the ATO requires...
by Davie Mach | Dec 1, 2022 | Accounting, BAS, Tax Returns & Financial Statements, Bookkeeping, Contractor Handbook
Over the past decade, the business world has seen a digital revolution. Technologies like email, instant messaging, and video conferencing continue transforming communication and collaboration within each business process. Cloud-based services allow teams to operate...
by Davie Mach | Nov 30, 2022 | Accounting, Accounting, BAS, Tax Returns & Financial Statements, Contractor Handbook, Small Business Handbook, Tax Planning, Tax Planning
Medical professionals constantly juggle their day-to-day practice with the business side of things. But let’s face it, as a doctor, you’ve got your hands full with patient care, so management and financial planning tends to take a backseat. While a...
by Davie Mach | Jul 8, 2022 | Accounting
An accountant letter is a document that is used to verify an individual’s or company’s financial status. Banks, landlords, and other institutions often request it when someone is applying for a loan or credit card, trying to rent a property, or seeking...