Top Bookkeeping Tips for Non-Profits in Australia
Non-profit or not-for-profit organizations in Australia are created to benefit society and serve a greater good. Individuals establish these entities to address social causes and serve communities. Some prominent examples include The Royal Botanical Garden Sydney, which focuses on environmental sustainability, and Invisible Illnesses, which operates in the health and well-being sector. These organizations work […]
Christmas Parties Tax Tips for Small Businesses
ProKeep Bookkeepers Melbourne More tinsel, less tax. That should be the aim of every business owner hosting a Christmas party this festive season. While Christmas parties are a time for celebration, they can also be incredibly confusing for small business owners when it comes to tax implications. Different types of parties attract different tax rules. […]
ProKeep Bookkeeping Services Near me The Australian Government’s Instant Asset Write Off (IAWO) scheme has returned for the 2024/25 financial year, offering small businesses a significant opportunity to enhance their financial health. This powerful tax deduction allows eligible businesses to immediately write off the cost of certain assets, providing substantial tax relief and boosting cash […]
As a sole trader in Australia, managing your own business can be both rewarding and demanding. One of the most critical aspects of running a successful business is maintaining accurate and efficient bookkeeping. Effective bookkeeping not only helps in keeping your finances in check but also ensures compliance with tax regulations and provides valuable insights […]
When it comes to managing the financial health of your business, choosing the right bookkeeping service is crucial. The right service can help ensure accuracy in your financial records, maintain compliance with tax regulations, and provide valuable insights into your business’s performance. In this article, we’ll explore the key considerations when selecting a bookkeeping service, […]