by Swot Accoountants | May 17, 2024 | Business News, Business Training
Running a small business is an exciting venture filled with opportunities and challenges. Among the myriad of tasks that demand attention, one critical aspect often overlooked is cash flow management. Effective cash flow management is not just about keeping the lights...
by Swot Accoountants | Apr 2, 2024 | Business News, Business Training, Tax & Compliance
As we approach the end of the financial year, individuals must assess their financial situation and take proactive steps to maximise their tax deductions. Planning ahead can significantly reduce your tax liability and ensure that you’re making the most of...
by Swot Accoountants | Mar 11, 2024 | Business News, Business Training, Super, Tax & Compliance
Introduction: As a small business owner, you’re likely accustomed to wearing multiple hats – from managing day-to-day operations to overseeing financial matters. While you focus on the immediate needs of your business, it’s essential not to overlook a...
by Swot Accoountants | Feb 3, 2024 | Business News, Business Training, Super, Tax & Compliance
Introduction: Being a sole trader or self-employed individual comes with its own set of challenges and rewards. From managing finances to staying compliant with tax regulations, there’s a lot on your plate. In this blog, we’ll explore essential tips and...
by Swot Accoountants | Jan 7, 2024 | Business News, Business Training, GST, Payroll, Tax & Compliance
In the dynamic world of accounting and finance, where every dollar counts, the significance of meticulous record-keeping cannot be overstated. For businesses and individuals alike, maintaining accurate financial records is not just a Governing requirement but a...
by Swot Accoountants | Dec 1, 2023 | Business News, Business Training, GST, Tax & Compliance
Navigating the Goods and Services Tax (GST) can be a daunting task for small businesses in Australia. However, understanding the basics and implementing effective compliance measures is crucial for financial stability and legal adherence. In this guide, we aim to...
by Swot Accoountants | Nov 16, 2023 | Business News, Business Training, GST, Payroll, Tax & Compliance
Welcome to SWOT Accountants’ Latest News Blog – Your Gateway to Seamless Financial Management! In this post, we’ll guide you through the essential steps of the Agent Nomination Process in Online Services for Business, ensuring heightened security and a...
by Swot Accoountants | Nov 4, 2023 | Business News, Business Training, Tax & Compliance
Intro: Accounting, often seen as the unsung hero of the business world, is a dynamic and ever-evolving field that plays a crucial role in the success of organisations. It’s not just about crunching numbers; it’s a complex web of financial storytelling,...
by Swot Accoountants | Oct 16, 2023 | Business News, Business Training, Tax & Compliance
Overview: Being a small business owner in Australia with up to six employees and an annual revenue of up to $1 million dollars makes you subject to potential tax audits. While audits may seem intimidating, they are a routine part of the tax system designed to ensure...
by Swot Accoountants | Sep 1, 2023 | Business News, Business Training, Tax & Compliance
In a recent move to support small businesses, the Australian Government unveiled a promising initiative as part of the 2023–24 Budget. Starting from 1 July 2023 until 30 June 2024, eligible small businesses can take advantage of a temporary increase in the instant...
