How to help your bank to help your business The past two years may feel like the longest on record for Australian SMEs. The economic impact of COVID-19 continues with supply chain disruption, significant staff shortages and ongoing challenges to cash flow management. Financial support can alleviate the pressure – or help to fund growth…
Advivo Partner, Chris Morris, delves into the importance of staying on top of your cloud accounting to ensure your business runs smoothly Online cloud accounting software such as Xero, makes generating mainstream business reports and timely access to information for decision-making purposes extremely easy for business owners. This also means that owners can easily…
Advivo Partner, Dale Edwards, outlines what information you need to prepare when obtaining finance As accountants, we are often asked by clients to prepare their financial statements and tax return “urgently” as they have just made an offer for something that they need to finance and the lender is asking for their most recent…
Advivo Business Advisors and Accountants share some strategies you can use to reduce your FBT Fringe benefits tax (FBT) is separate from income tax and is imposed only on employers. It is applied to the value of non-cash benefits provided by an employer that are paid in place of wages or salary to an…
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