Bookkeeping is often seen as something that only matters at BAS or tax time. In reality, keeping your financial records accurate and up to date throughout the year can make running your business significantly easier. When your books are current, you’ll spend...
The start of a new financial year is the perfect opportunity to review your superannuation strategy. Whether you’re an employee, business owner or self-employed, taking the time to assess your super contributions can help you stay on track for retirement while...
On Tuesday, 12 May 2026, Treasurer Jim Chalmers handed down the 2026–27 Federal Budget, outlining what the Government has described as its most ambitious reform agenda to date. This year’s Budget focuses heavily on housing affordability, cost-of-living pressures,...
Businesses claiming Fuel Tax Credits should be aware of changes impacting the April–June 2026 BAS period. The Federal Government has introduced a temporary 32c per litre reduction in fuel excise, alongside a three-month reduction of the heavy vehicle road user charge...
In an Uber the other day, the driver revealed that he had become a driver to pay for his second mortgage. He invested in property but with interest rates spiking, the only way he could hold onto the property was to earn additional income. His “day job” starts early...
It is important to lock periods in Xero once they are finalised to prevent any incorrect changes to take place and reports being changed once finalised. Changes can happen accidentally which can cause issues that may not be found until year end. You can change and...
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