Running a small business in Australia is no small feat. Between managing daily operations, serving customers, and staying compliant with ever-evolving ATO regulations, many business owners find themselves drowning in spreadsheets and paperwork. In fact, a recent survey revealed that *67% of Australian SMEs spend over 20 hours a month on bookkeeping* – time that […]
Why Bookkeeping is Essential for Small Business Success
Discover why bookkeeping is essential for small business success. From financial clarity and tax compliance to improved decision-making and business growth, proper bookkeeping ensures stability and profitability.
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 […]