With the changing corporate structures and economic scenarios around the world, the core functions of accounting and bookkeeping have been constantly evolving. Accounting used to be a mere part of the entrepreneur’s repertoire, but now it has bloomed into a …Read More
The superannuation guarantee statutory rate has remained at 9.5% since July 2014. However, plans have been in place for several years now to increase the rate to 12% incrementally.
In July 2021, the rate will rise to 10%. From then …Read More
Below is a list of deductions you can claim if you are a medical professional, nurse, or carer.
You can claim a deduction for car expenses when you drive between two separate jobs on the
same day or …
Major purchases like a house or a car can rarely be paid upfront. Typically, you would need a mortgage to pay off the property or the item by installments. This is a sound choice financially and one that many people …Read More
Have you got a business? Perhaps you have found yourself overwhelmed by the sheer amount of work it takes just to keep it running. On top of all the things that you have to do, you also have to make …Read More
Small to medium businesses often take the brunt in tax contributions and other financial hurdles, affecting the way they manage their finances. Big companies, on the other hand, rely on the expertise of their accounting teams to …Read More