Staff Spotlight with Elkie Gibson

Introducing Elkie Gibson! You may have spoken to her already, and if you haven’t, you probably will very soon! As this is a new financial year and we already have work in from some clients, this is the perfect opportunity to mention that we have a dedicated human receiving, processing and checking your very important…

Customer Due Diligence - Advivo Accountants and Advisors

How Well Do You Know Your Customer?

Advivo believes that Customer Due Diligence makes all the difference to cash flow. One of the most important aspects of taking on a new customer is due diligence, but often, time constraints and lack of resources can mean that this can get pushed aside.  However, customer due diligence can make the difference of remaining cash…

Risk Assessment – Payroll Accuracy

The number 1 mistake migrating to Single Touch Payroll Many companies rely on their payroll provider and software to make sure their employee’s pay calculations are correct, only to find out that their payroll system relies on them for data accuracy: Incorrect Data In, Incorrect Payments Out… Some sorely find out that they may be…

Superannuation – What you should know

A Quick Guide on the Upcoming Changes Regarding Superannuation If you have a Self-Managed Superannuation Fund you might be aware that the rules are constantly changing. Over the past few years there have been many significant changes made and many proposed but never legislated. We have prepared a quick guide on the upcoming changes and…

5 Tax Planning Strategies For Businesses

Five Tax Planning Strategies For Every Business

Advivo inspire their clients, this quote from Winston Churchill says it all “If you fail to plan, you are planning to fail” It’s the end of the financial year and many businesses are thinking about that five-letter word: taxes. Fortunately, there are some tax planning strategies that your business can use to avoid panic and…

SCAM WATCH!!! Update from the ACCC

Latest Figures in the ACCC’s Targeting Scams Report Australians lost almost half a billion dollars to scammers in 2018 according to the latest figures in the ACCC’s Targeting Scams report released last week. “Total combined losses reported to Scamwatch and other government agencies exceeded $489 million – $149 million more than 2017,” ACCC Deputy Chair,…

Are You Ready for End of Financial Year?

Let’s Get You Ready for the EOFY It’s that time of year again. The team here at Advivo are busy preparing Strategic Tax Plans and Forecasting for many of our clients in preparation for the new financial year (EOFY). EOFY Reminders & Highlights We have put together some reminders and highlights to help you in…