Avoid These 5 Costly Accounting Mistakes

A Canadian bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” category. Meanwhile, almost 60% said bookkeeping was hands-down their most hated task. Most business owners understand that effective financial management is key to their success. But lack of knowledge, frustration, and even avoidance can add up to…  Read more

Tips for switching off during the holidays

The holiday season is once again here and with it comes time to relax, focus on family and friends and take stock on what is really important in life. Unless you’re a small business owner. Every small business owner knows that being away from the office can be just as stressful as being in it. Phone calls from employees dealing with a minor crisis will pull your focus from your…  Read more

Weirdest Tax Time excuses the ATO has ever seen

The ATO have recently given examples of some of the weirdest Tax Time excuses they’ve ever received, and they’re hilarious! Read all about them below:   1. “Someone has stolen my pants”   One taxpayer claimed to have a thief break into their car and steal their pants containing all proof of purchase.   2. “I’ve got holiday brain”   As an excuse for late lodgment, one taxpayer claimed to…  Read more