Archive for February, 2010
BAS and the ATO – Compliance
I know how it goes. You get busy and forget to lodge – and PAY – your BAS. Your friendly neighbourhood ATO compliance office gives you a call and you don’t know what to do. Well the short answer is – get compliant. All my clients whether it be my Real estate or medical practice [...]
Full StoryExternal Factors Effecting your Business
Even the best of us sometimes get caught! The Federal government has recently passed some legislation that will effect a lot of small businesses and has dramatically effected my business. The new Tax Agent Services Bill was passed which means that anyone providing tax or BAS related services must be registered with a new Statutory [...]
Full StoryDo you have “Financial Control” part 2
2. Gross Profit. Every business has a set of expenses that relate directly to the revenue derived. They rise and fall depending on what level sales are at and they identify the costs that go into directly attaining that revenue. If you are a real estate agent then the commission paid to sales people and [...]
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