Golden Insights
Browse our catalogue of golden insights answering you tax and accounting questions. Know what you are looking for? Seach keywords here:
Business Tips: Setting up an Export Business
Business Tips: Setting up an Export Business To successfully set up your export business, you'll need to do your research. This means talking to your accountant, advisers and other business owners in your network, so you don't enter the market without enough...
Business Tips: Nurture Customer Relationships
Business Tips: Nurture Customer Relationships The stability of your business isn’t just based on sound finances. Forming rock-solid foundations comes from having a solid customer base and building long-lasting relationships with your end users. To achieve this, you...
Business Tips: Forecasting to Make Business Decisions
Business Tips: Forecasting to Make Business Decisions Producing regular management information is one way to help improve how you make business decisions. But looking at historical numbers can only tell you so much. In business, you want to know what the future holds....
Superannuation Growth: Strategies to Maximise Benefits
Superannuation Growth Strategies: How to make the most of them There are many strategies you can use to see superannuation growth and make the most of available schemes. Here are some strategies to consider when planning for the end of this financial year. Then to set...
Business Tips: Find the Best Routes to Finance
Business Tips: Find the Best Routes to Finance Every business needs finance to get the initial enterprise off the ground. You may well have entered into finance arrangements to fund the initial stages of the business. Such as, taking out loans to purchase equipment,...
Considering Making an Investment in Your Business?
Considering Making an Investment in Your Business? Are you considering a business investment to make your business more productive or streamlined? With a tight labour market, everyone’s time is at a premium. So finding ways to maximise productivity has never been more...
Business Tips: Make Good Business Decisions
Business Tips: Make Good Business Decisions Making good business decisions is easier to do when you have excellent information at your fingertips. That’s the value of having excellent reporting at the heart of your startup. Any cloud accounting software worth its salt...
How to accept payments online – and why it’s smart
How to accept payments online – and why it’s smart One of the best things about online shopping is instant, hassle-free payments. Enter your details, click, and you’re done. If your customers can make an instant online payment, they’re likely to pay you more quickly –...
Cash vs Accrual Accounting
Cash vs Accrual Accounting The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or expenses? If you do it when you pay or receive money, it’s cash basis accounting. If you do it when you get a bill or raise an...
Offering Salary Incentives to Staff
Offering Salary Incentives to Staff Are you thinking about offering incentives to staff in the form of salary packages? Sometimes the terms 'salary sacrifice' and 'salary packaging' are used interchangeably, but there are differences between the two. A salary...
Supplier ABNs: Do You Check Them?
Supplier ABNs: Do You Check Them? Are you in the habit of checking your suppliers’ Australian Business Numbers (ABNs)? When you make business purchases, you should receive a valid tax invoice from the supplier. The invoice should prove that your purchase is a...
High Inflation: What It Means for Your Business
High inflation: What does it mean for your business? High inflation has hit businesses and households hard in these past few years. Across the world, inflation is running high, thanks to factors like pandemic disruptions, monetary stimulus, and supply-chain issues....