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Are christmas parties tax deductible?

Are Christmas Parties Tax Deductible?

Christmas is a great time to acknowledge and reward your employees and other associates by celebrating and giving gifts. But don’t get caught out by entertainment rules! Claiming entertainment and gifts as business expenses is not always straight-forward, as there…
holiday cashflow

Holiday Cashflow for Your Small Business

Whether you’re heading into a holiday period, or just planning to take a break (and congratulations, because a healthy business means work-life balance), it’s important to keep your cashflow under control. This means pre-planning and being proactive. When you’re not…
improve your year end processes and plan for 2023

How to Improve Your Year-End Processes and Plan for 2023

We’re well into the final quarter of the year, with 2023 just a few months around the corner. But are you ready to improve your year end processes and plan for 2023? And have you done your homework when it…
how to relieve financial stress

How to Relieve Financial Stress

Holiday breaks are a chance to recharge for the year ahead especially after the year we have had. We look forward to warmer weather and finally setting up an out-of-office email for the break. However, for business owners, this time…
ato small business benchmark

Boost Business Performance: ATO Small Business Benchmark

Are you interested in comparing your business performance against the ATO Small business benchmarks? It can be a useful exercise to see whether your business is performing well, on average, or lower than the benchmark figures. Each year the ATO publishes…
PAYG withholding due dates

PAYG Withholding Due Dates: Submit by the 21st

Some employers need to pay PAYG withholding liabilities to the ATO monthly, even if the BAS is lodged quarterly. The monthly installment activity statement (IAS) and payment are due on the 21st, whether you are lodging your own statement or…