In 2019 you may not receive a payment summary. This is because employers now report their employees pay, tax and super information direct to the ATO. Find out where to get your pay information for your tax return.
At Franchise Accounting and Tax we are always looking for ways to make our clients’ lives easier. One way do this is by using Receipt Bank, the award-winning Xero and Quickbooks addon that automatically converts all your invoices and receipts into data, making it easy for you to send your financial information straight to us.
As business owners, our priorities and needs change as our business evolves. These changes have consequences for financial management of our business. It’s the same for our clients. Here are some questions we suggest you discuss at once a year, to help you get the most from your franchise accountant’s expertise.
Feeling the squeeze? As a small business owner, you’ll face a cash flow crunch from time to time. These times can be stressful. But they are the time to make changes for the better (even if you don’t feel like it). Here’s what we recommended to a client who recently told us she was struggling to pay some bills.