Making Payroll More Efficient

How to Make Your Payroll Process Stress-Free and Efficient Payroll is the bane of any business owner’s existence. This is because it is one of an organisation’s greatest expenses and is often easy to mess up, legislation is complex and ever-changing and even more difficult and complex when multiple awards and states are involved. After…

PAYROLL 101

Things to be Aware of When Doing Payroll With Christmas just around the corner, one thing you do not want to do as a business owner is making a big mess of the payroll. That is why, our payroll specialists, Jay Rajapakse and Fred Chang have provided a general list of things to be aware…

Have You Lost Sight of Your Super?

Super – Where art thou, Super? As at 30 June 2016, there is over $5.7 million in lost super waiting to be claimed. Given this, the ATO is keen to reunite members with any lost super they may have accumulated over the years. How Does Super Become ‘Lost’? Super becomes ‘lost’ when funds haven’t been…

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Why is my Self Managed Superannuation Fund Audited

Understanding The Annual Audit on SMSF’s Why Is My Super Fund Audited? If you run a SMSF, it is a statutory obligation under the Superannuation Industry (Supervision) Act (SISA) and Superannuation Industry (Supervision) Regulation (SISR) that your SMSF is audited annually by an approved independent auditor. A SMSF audit involves a highly comprehensive analysis of your fund’s financial and…

Golden eggs

Superannuation 101

Superannuation – What It Is and How It Works At Advivo, we believe that understanding how super works will put you in a better position to make the best choice when it comes to super and your retirement. That is why we have decided to make it our focus for November. Since superannuation is a…

Financial Modelling - Advivo Accountants Brisbane

Have You Heard About Our Financial Modelling Service?

Introducing The Advivo Financial Modelling Service We at Advivo are very excited to introduce our Financial Modelling Service to you as part of our Financial Management services. In today’s unpredictable economic climate, there is a greater need for financial modelling to ensure a business’s success and profitability. What is Financial Modelling? In short, it involves…

Business Restructuring Fundamentals

Considerations when Choosing the Right Legal Structure for Your Business As a business owner, one of the most important decisions you will make is choosing the right type of legal structure for your business. The type of structure you select will not only have an impact on how much you pay in taxes, it will…

Family Business

Four Benefits of A Family Business

Unique Benefits of Owning a Family Business Doing business with family can be difficult because almost everything is personal! However, considering that some of the most successful businesses in the world were started by families, owning a family business must have its unique opportunities. As the team at Advivo has extensive experience managing and handling…

Taking Stock of the First Quarter

For business owners, October is a very important milestone, as it marks the end of the first quarter and the beginning of quarter two. Why is this important? When you are finalising your accounts for the September Business Activity Statement, you have the opportunity to assess how your business is doing thus far and analyse…