3 key Strategies for using Instagram in the hospitality industry. Use your Destination on Instagram to promote your business by hosting a contest with a prize that entices the community to get involved! For example: A contest that encourages entrants to visually depict what your town/city means to them. Users are required to follow [...]
Understanding Car Related Expenses If you use your own car for work purposes, you can claim a deduction using the cents per kilometre method or logbook method. If you use someone else’s car for work purposes, you can only claim for direct costs you pay for – such as fuel. For further information [...]
Are you a Miner and pay a lot of tax? Do you know what your entitlements are when it comes to deductions? Read on to find out what you might be eligible to claim. To claim a deduction for work related expenses; you must have spent the money yourself and weren’t reimbursed it must be [...]
10 craziest things you can claim on tax One of the most dreaded and highly anticipated times of the year is tax season. There are millions of Australians who are wrecking their nerves out for ways on how to boost their tax returns. According to a research conducted by Officeworks, there are $1.65 billion of unclaimed taxes [...]
Forgetting to pay out superannuation payable accounts before the end of financial year could be costly for businesses and is something overlooked by many accountants, warns an accounting firm. The due date for super payments in Q4 of 2017-18 will be 28 July and, according to the ATO, if super payments have not been paid [...]
Attention arbitrage. A somewhat new name but a familiar concept. So what is it? Arbitrage is the process of buying and selling in different markets and benefiting from the profit. Attention arbitrage flips the focus from monetary value – to people’s attention, a somewhat rare commodity. Attention arbitrage focuses on how to attract and [...]
1. Be on Time Someone you are meeting for the first time will not be interested in your "good excuse" for running late. Plan to arrive a few minutes early, and allow flexibility for possible delays in traffic or taking a wrong turn. Arriving early is much better that arriving late, and is the first [...]
We check our phones about 85 times a day. Chances are, you’re reading this on one right now – or it won’t be long till you check it again. A staggering 70% of internet traffic now comes from mobile devices. This ‘smartphone addiction’ gets bad press these days. For any small business owners, rather than a distraction, the [...]
Claire Mackay is nationally recognised as one of Australia’s pre-eminent financial planners. She is passionate about improving financial literacy for all Australians. Dean is a green-star certified, licensed carpenter and builder – with a green conscience. They met to discuss mobile technology in a modern business for an upcoming podcasts as part of xero's beautiful business [...]
Our infographic tells you the average tax refund and how people say they spent last year's tax refund. We also explain some ways to make the most of your refund. How Australians spend their tax refunds (accessible text version) 82% - Taxpayers likely to get a tax refund this year 1 $2,112 - Average tax refund2 [...]
Wondering how to be productive when you’re already tired? An entrepreneur’s life can be tough. The to-do list seems endless. You’ve set goals, and you want to reach them. Sometimes you just need an extra push to get things done. This infographic will help you stay productive on the days that you’re dragging!
To work out if you have to report through Single Touch Payroll from 1 July 2018, all you need to do is count the number of employees on your payroll on 1 April. If you have 20 or more employees, you’ll need to get ready for STP this year. You can do the headcount after 1 April, [...]
A small business’s survival isn’t defined by its ability to innovate, its market share, or its growth strategy. A great idea is only as good as the next one. A competitive playing field is inevitable. Best-laid plans don’t always work out the way you want them to. What matters most is your ability to adapt [...]
They say time goes faster the older you get, but that doesn’t explain how the end of the financial year has raced around again already. You might be so busy with the day-to-day challenges of keeping your customers happy and growing your offering, that the 31 March deadline catches you off guard. And with Easter [...]
If you own a negatively geared investment property you may be eligible to have less tax withheld from your wages each week and more money in your pocket. Simply lodge a PAYG Withholding Variation, if this is accepted, your employer is directed to withhold less tax from your which gives you more cash flow to [...]
