Now that Parliament has passed legislation to extend the operation of Single Touch Payroll (STP), making it mandatory for all businesses (including micro employers, 1-4 employees) from 1 July 2019, there is no longer any doubt that every Australian business needs to be ready. From your accounting software to organising your employees’ information, there areread more
Cloud technology – we’ve all heard of it by now. From software programs like Dropbox and Google Drive, to critical data backup tools, the business world has embraced off-site storage in the cloud in nearly every function possible. That being said, there is still a large proportion of businesses who are yet to move theirread more
As the world moves more and more online, businesses must keep up with the pace. Accounting and bookkeeping is no different, and it’s as important as ever to be able to look after your business in one place, with access for the people who need it, and secure data at all times. Many business ownersread more
As we’ve covered a few times over the past year, Single Touch Payroll (STP) is well and truly upon us. For employers with 20 or more employees as at 1 April 2018, STP must be implemented; while employers with 19 or fewer employees at 1 April 2018 can opt in at any time between nowread more
Entrepreneurs who are planning to start their own business can benefit from engaging professionals to deal with their cash flow, tax compliance, and more. But in your current situation, should you start considering hiring an accountant? Listed below are some reasons why you need an accountant for your business. 1. You save time. Yes, youread more
Most SME business owners hesitate at the thought of hiring a CFO for their growing company, believing that only large businesses need and can afford a CFO. However, there’s lots of reasons why every business, even SMEs, need the expertise of a CFO. A CFO is a highly competent and experienced financial executive that helpsread more
In this article from WA Business News, Adam Orlando interviews Nigel Plowman on McKinley Plowman’s new specialist division that outsources CFOs to a broad spectrum of businesses. Nigel explains how the division outsources CFOs to “businesses that are either undergoing changes, restructuring, or starting up” and that the service can be used to “implement productionread more
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