About Me

How An Accountant Can Save Your Life

Hi. My name is Ajay. When I started selling goods on the internet, I had no idea that I would have to pay tax. I started off by selling used computer parts from my bedroom, but as my business grew I started to sell other reconditioned electrical items. I was down visiting my uncle one weekend. I explained to him how much success I was having, and he asked me how much tax I was paying. When I said none, he told me to contact an accountant straight away. I was so afraid that I would be in serious trouble. However, the tax accountant helped me to register my business and also calculated how much tax I would need to pay. I wanted to start this blog to advise others about the benefit of using an accountant.

Archive

Search

Why You Shouldn't Put Off Bookkeeping

Posted on September 29, 2020

Bookkeeping is an accounting and business term that almost all small business owners have heard about, but only a few take seriously. It refers to the recording of all the financial transactions and activities of a business that occur daily. If you own or manage a small business, it is important to keep its financial books organised for a variety of reasons. Here are some of the top reasons you should be keen on hiring an accountant for your business:  [Read More]

Do You Need to Pay Tax on Foreign Employment Income?

Posted on December 26, 2018

You may love your home continent and are very proud to call yourself an Australian, but if you are relatively young and adventurous, then you know that there may be more opportunities away from these shores. More young people than ever are choosing to take up a job position in a foreign country, and this may be something that could have genuine appeal to you. After all, you may be able to earn a higher salary and explore a different culture at the same time, and what's not to like about that? [Read More]

Simple Accounting Tips to Get Your Small Business on Track

Posted on April 24, 2018

You just decided to actualize your business idea and have set up a small company—congratulations on taking the first step towards entrepreneurship! Taking action to start a business requires a lot of courage and perseverance. However, as you know, enterprises need proper financial management to keep them in operation. Without adequate cash flow, most startups close their doors within the first year of inception. Of course, this is not what you want for your business, and that's why you should be on top of your accounting game at all times. [Read More]

Proper Accounting Practices to Help You Improve Your Business Performance

Posted on December 12, 2017

It is rare for any business, small or large, to be successful without proper accounting techniques. Accounting offers a channel for your business to properly handle its finances and to increase its overall profit. Proper accounting practices also give you insight into how the business is operating so you can make the right decisions moving forward. Most business owners, especially those who are new to running a business, often wonder how they can implement the right accounting strategy to increase growth in their company. [Read More]