Debtor Finance - What is it?

Debtor Finance – What is it? And Can it Help Me?

How Your Business can Benefit from Debtor Finance   WHAT IS IT? Debtor Finance is, quite simply, a line of credit linked to and secured by your outstanding accounts receivable. If your business supplies products or services to other businesses on standard trade credit terms, Debtor Finance can help. There are a number of variations…

Single Touch Payroll Software

Single Touch Payroll Software – Are You Ready?

Get Your Business Compliant to The Single Touch Payroll Software   Are you affected? Who is affected When does this start? Businesses with 20 or more employees on 1st April 2018 (excluding directors and officeholders) 1 July 2018 Businesses with 19 or fewer employees on 1st April 2018 (excluding directors and officeholders) 1 July 2019 Will…

Advivo 2018 Budget Review

Advivo 2018 Budget Review

Scott Morrison’s budget announcement of personal income tax changes need no introduction, just a lot of patience. The budget headlines have glossed over some of the important detail which we know will affect our business clients as well as everyone’s superannuation. Summarised below are the key take-aways which we’ve cherry picked for our clients. It…

Is Superannuation Payable on Overtime?

Is Superannuation Payable on Overtime?

Determining Eligibility for Super Guarantee Payments As small business owners, we have many different roles to fill and we don’t always know the answer. Superannuation is one of those anomalies that we need to call in the experts to help with. The Super Guarantee Generally, if you pay an employee $450 or more (before tax)…

Why we are leaving Facebook

Advivo is Leaving Facebook

Why Advivo is Leaving Facebook It’s recently been revealed that data firm, Cambridge Analytica, has allegedly accessed information for around 83 Million Facebook users without their knowledge.  This has stunned users across the globe, causing many to delete their Facebook accounts. Details of the Facebook Issue In case you don’t know the details, let us…

What is Fringe Benefit Tax (FBT)?

Reducing Fringe Benefit Tax (FBT) Liability for SME’s

What is Fringe Benefit Tax (FBT)? A fringe benefit is a benefit provided in respect of employment. This effectively means a benefit provided to an employee (or their associate) because they are an employee. An example of a fringe benefit being provided to an employee may be one of the following: Allowing your employees to…

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Why Does Advivo Do Monthly Fees?

How much should it cost to talk to my accountant? Do you ever feel as though you can’t ask your accountant a question for fear you’re going to be charged for every word?  Well, you don’t need to feel like that with us! We love talking to our clients and most of our clients love…