TECHNICAL CORNER: Carry Your Losses Back For a Bigger Tax Cash Refund
As part of the stimulus measures the Government is using to support businesses and improve cash flow, the Loss Carry Back Tax offset is one way to generate some cash through a tax
Continue reading
Preparing For 2021 EOFY
The end of the financial year is fast approaching which means preparations need to be made to ensure your Trade business is organised for the 2021 financial year tax season.
Continue reading
The Tradies Guide to Reducing Job Costing Errors
Do you know that there are over 360,000 businesses in the construction industry in Australia?
Continue reading
How To Stop Bleeding Cash You Don’t Have
Do you remember that constant awful feeling you get in the pit of your stomach? Not the one connected with your in-laws, the business one.
Continue reading
6 Tips to Get Your Overdue Invoices Paid
Having your invoices paid by the specified due date is vital for a healthy cash flow of the business. Late and delayed payments can create a chain reaction of insufficient cash
Continue reading
Trading After JobKeeper Payment Scheme
The JobKeeper payment scheme has been a much-needed flotation device for many businesses and individuals, especially throughout 2020. JobKeeper scheme was a Government-led
Continue reading
Top Strategies for Cash Flow Management in your Construction Business
According to a survey from Kabbage, 28% of construction firms admitted that their cash flow struggles far outweighed finding new clients. As your construction business continues
Continue reading
Stock Management For Trade Businesses
Bryn (Tradies Accountant) and Tiffany (Modus Operandi) discuss how an efficient inventory management process can help you grow your trade business, save you
Continue reading
MYOB’s Exciting New Construction Project
It’s finally here! MYOB have recently announced their hot new product which is exclusively designed for the construction industry. MYOB Advanced Construction Edition is designed
Continue reading
Accounting For Construction – The Basics
Keeping comprehensive records in the construction industry is a challenging task as data for multiple projects, jobs and/or builds need to be tracked at the same time. Retentions
Continue reading