The term tax planning gets mentioned a lot, especially as we approach the new financial year. Advivo explain what is it and why we need to do it. What is Tax Planning? Tax Planning is the process of reviewing and organising the dealings of a taxpayer or a group of taxpayers. The purpose is…
Advivo explain how our new Monthly Service Programs (MSPs) can help you! With the new financial year fast approaching now is the perfect time to benefit from one of for our Monthly Service Programs (MSPs). We can help you improve your business and remove the stress associated with end-of-year accounting. Through our monthly servicing…
At Advivo Accountants and Business Advisors we understand that every business needs capital, but not all businesses are the same nor are the types and sources of capital available. We have years of experience in this complex field and can help you understand the factors that impact on your capital requirements. We will also…
Advivo explains the best way to approach tax planning. Effective tax planning minimises tax payable meaning you’re not paying more tax than you should be. This so important in these times as it puts more money in the bank to help your business survive & grow. Whilst everyone’s situation is unique, we’ve compiled these general…
Advivo explains everything you need to do to get ready for the end of financial year (EOFY). It’s that time of year again…. although these are unprecedented times, it is time to start preparing to finalise the financial year 2020 to complete budgets and scenario modelling for the new financial year. Effective tax planning reduces…
In these difficult times more than ever it is essential to have your finger on the pulse and know how your business is performing right now. Having a well-considered and well-prepared budget and monitoring actual performance on a monthly basis to that budget is one of the best ways to ensure a swift and managed…
This is the first of a small series of blogs discussing what I believe will be the 4 key phases of this coronavirus business cycle. I will discuss what we’ve seen so far, what we can expect to see in the coming months and tips to successfully navigate your business through these phases. The coronavirus…
Government Assistance for Apprentices and Trainees As part of government’s ongoing support during the COVID-19 crisis, there is assistance to help eligible businesses to ensure they can continue to employ their apprentices and trainees. This includes a 50% wage subsidy of the apprentice or trainee’s wages paid since January 1, 2020 to September 30, 2020…
Advivo means “be alive” and we at Advivo thrive on interacting and helping people and this is not only clients and staff but also the greater community. We were recently approached by Multicultural Australia to speak at their online Community Information Session for ‘Financial Wellbeing and Support for Small Business.’ These sessions were arranged to…
Useful Information and Resources on the JobKeeper Payment Scheme Further to our recent blog about the announcement of the “Jobkeeper Payment” (full blog available here) we would like to pass on some helpful information and resources that are now available. Xero and MYOB have issued information in their help sections regarding how to apply and…