Small Business Tax Blog by Fletcher Tax Accountants

Moving houses or offices physically is often seen as the most difficult and stressful step. But once you’re in or just before, you may wish to update your contact details with the providers below, otherwise your actual move may become even more chaotic in the short term.

Had or having a baby post 1 January 2011? Have a read about the latest entitlements available for parents – Paid Parental Leave Scheme. Employing someone who is about to have a baby, make sure you read about your rights and obligations!

There is no one system (size) fits all solution but there must be a system that’s right for your business. If your debtors are not converting to money in the bank, you have no cash flow to pay staff, your creditors or yourself (but you already know that!). This post has some suggestions on how you may be able to control your debtors [...]

Become friends with your numbers and suggestions for how! Guest post kindly contributed by Kate Groom of Starfish Consulting. [...]

The ATO has recently posted a real case scenario showing the extent of their data matching capabilities (and a result thereof). The below is a copy of this recent posting. Even if you do not have too many cash transactions, this may prove to be an interesting read!

Not all business is good business. Keep certain questions in mind to prevent unnecessary complications in the long (or short) term! [...]

Recently I’ve been thinking more and more about etiquette within relationships – specificaly business to client relationships.

At what point does business become personal? Or at what point should business become more personal?

It seems that this question depends on your own sense of limits and willingness to share. [...]

An article kindly contributed by Gina Lofaro aka ‘the wordmistress’

Are you a numbers person or a words person? … and does it affect the way you do business?

Left brain, right brain, we all operate more on one side of our cranium than the other. Some of us are more adept at handling complex mathematical equations whilst others of us are more proficient at articulating things verbally.

For me – a writer, copywriter, some-time stand-up comedienne – words are my easiest tools to work with. But put me in front of a pad of numbers, and I’m prone to panicking. Once upon a time, I was accused of not doing my best where my accounting paperwork was concerned. This was entirely unfair since I was doing my best, but my best was far, far inferior to his best paperwork efforts.

So I posed an interesting challenge. “How about you write for me, a 1,000-word article on any topic of your choosing? It has to be 100% grammatically correct with no spelling errors or typos and it has to be interesting!”

Well, he just laughed. At first. [...]

Do you hate keeping your books upto date? You know you need to, but you don’t want to? Enter (drum roll): a bookkeeper. A professional bookkeeper can work wonders for your efficiency and productivity levels.

Have a read of what they can do for YOU (and how you can help them!) [...]

A common situation I find on forums, and shamed to admit – with my own clients (sometimes!), is that they are scared to ask questions as and when they come up.

What’s your view? Do you contact your accountant as the need arises, or worse – when the transaction/event has already happened and nothing can be done?! [...]