The things we liked about the proposed tax changes announced last week, and a few things we’ve noticed.

What you need to know before completing the Research & Development (R&D) tax credit Activity Statement.

Getting setup in Xero is one thing, but using it as a tool to make sure your business runs better is another.  When there are so many functions, what is essential to learn how to do? 

The end of the financial year is fast approaching.  We look into a few things to do before the end of the year which should make the preparation of financial statements and tax returns that much easier.

Setting targets and goals is key to growing your business through better performance.  Deciding on a rhythm to set targets and monitor progress is one of the first decisions to make. 

With the tax year almost over, its a good time to review your record keeping requirements for tax.  We look into what contractors & freelancers need to keep, whether bank statements are ok, what to keep for home office and whether you can keep electronic copies instead of paper.

When looking at pricing business owners will often look at the costs in your business.  We look at the costs of setting prices too low.

Breaking down your year-end profit can help you to understand your numbers better, make decisions on spending and project forward with more clarity.

Visiting with potential customers will be the single most effective way to sell overseas, yet this will cost both time and money.  We look at the tax consequences of travelling and what records to keep.