Fresh COVID-19 cash flow support for NSW small businesses
With millions of NSW residents under stay-at-home orders and the state holding their collective breaths, it’s buoying to see fresh support offered to small businesses affected by the lockdown. There were two primary business streams of financial grant support announced on Tuesday by NSW Premier…
Why it’s time for community groups to uptake cloud accounting
Sporting clubs, religious groups, op shops and various other community groups, all represent a market in desperate need of cloud accounting. While small businesses in any industry would benefit from moving on from ‘shoebox accounting’ or Excel spreadsheets, community group organisations represent a clientele that…
The position of accountants in 2021
The position of the accountants in the past year has shifted sharply. The core work may remain the same, but as we know, the needs of clients and the compliance climate has changed dramatically. Software is evolving, business models are changing, restrictions are in place…
Should your small business use the instant asset tax write off?
Written by Angela Bichler: Sydney West Business Services. Chartered Accountant and Reckon Accredited Partner. The instant asset write-off is a primary component of this year’s federal budget and you could be forgiven for not knowing the new rules and spectrum of the scheme. After all,…
How open banking will bring change for UK accountants
Getting your head around Open Banking and putting yourself in a position to explain it to your client base is a savvy move in 2020. Open Banking, which opens the way for new financial apps and websites, will bring about new methods of interacting with…
How to choose an accountant for your business
Written by Angela Bichler: Sydney West Business Services. Chartered Accountant and Reckon Accredited Partner. Choosing an accountant is like choosing a new business partner. The right accountant will become a trusted advisor you can depend on, who offers advice and guidance for your business during…
Advisor burnout: how to get more done when you just can’t stop
With the massive implications of COVID-19 about to come to bear with EOFY approaching, advisor burnout is on the cards. Tax time for 2020 will be more onerous, more complex and it’s wise to assume that your workload will be rather towering. People may be…
Becoming a thought leader
I bet you’ve heard that buzzy little term ‘thought leader’ bandied about by people in the know (and people trying to sound like they’re in the know). What does it mean, though? Do you know why people are talking about thought leadership and what it…