At Advivo we are practical and commercial in our approach to everything we do. One particular philosophy we follow is that of Stephen Covey’s – “Begin with the end in mind.” We promote this philosophy to our clients and we also practise what we preach internally. That is why we have developed our own internal…
Being Aware of Employee Theft The following article topic is not one that people like to talk about, however, we have seen a few clients come across this issue and thought it was timely to discuss this topic. If you have concerns or suspicions, we encourage you to contact us for any assistance with a discrete…
Making Your Bill Collecting Less Difficult Like it or not, some customers always lag in their payments. It hurts your company’s cash flow and causes frustration for both your accounts receivable personnel and the customers. Tips on Effective Bill Collection But you can get your receivables in better shape and keep them there if you put your…
An Employsure Update on Penalty Rates Read an update below from Employsure on how the reduction to Sunday and Public Holiday penalty rates may affect you. Employsure also provides free general workplace advice for Advivo clients, contact us now to receive your reference number. Change is coming, however, you do not need to act…
Impressed with Advivo’s Business Transition Planning Approach Dale Edwards has been my personal accountant and trusted business advisor for several years. During this time, Leon and the Advivo team, has helped me and my wife manage the bookkeeping and finances of my business, Mascotbridge Pty Ltd. What I appreciate most about Advivo is the added…
Transitioning into the Role of Managing Director Concut Pty Ltd is a well-established concrete, sawing and drilling business. With over 48 years’ service to the Building and Construction Industry, Concut Pty Ltd are market leaders in the field. Managing Director, Gary Milton has been using Advivo Accountants and Advisors, one of the more innovative and…
Why Price Setting is Important in Business It’s a matter of balance. You went into business to make money and the concept of chalking up profits is fairly simple: Your company has to take in more than it spends. Top Tip: Reserve Discounts for Your Best Customers Maintain a sensible discounting policy. You want…
Fringe Benefits Tax Lodgment Information The Fringe Benefits Tax (FBT) year runs from 1st April to 31st of March. If you are providing certain benefits to your employees or you are receiving certain benefits as a director of a company or trust, you may be subject to FBT. Lodgment and Payment Dates The FBT lodgement…
Insights About Your Fringe Benefit Tax Obligations Unsure about your Fringe Benefits Tax (FBT) Obligations or what FBT is about? We have compiled some helpful tips that can help you. If you own or lease a car that is available for the private use of your employee/s you may be providing a car fringe benefit.…
Focus on Bi-Annual Payroll Tax Lodgments Article by: Jay Rajapakse, Advivo Accountant and Payroll Specialist Payroll tax is a tax assessed by the various states and territories on the wages paid or payable by an employer. Payroll tax is payable when the total ‘taxable’ wages exceed a particular threshold amount imposed by each state and territory.…
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