30 June is coming…..Are you ready?

Get Your Business Ready For the EOFY The end of financial year (EOFY) is upon us again and the team here at Advivo are busy preparing Strategic Tax Planning and Forecasting for many of our monthly clients. Use Our EOFY Checklists Please use our complimentary checklist to make sure your business is ready for EOFY. [...]

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 in [...]

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

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 [...]

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 [...]

Strategies for Growing Your Business Without Murdering Its Cash Flow

How to Grow Your Business Without Murdering Its Cash Flow A business often needs to spend cash fulfilling orders before payment is received for these orders, so working capital is needed to fund the timing gap. When revenue is growing, this is exacerbated because more sales = more working capital needed until customers pay for [...]

Time is running out! Small Business government Grant applications closing soon

Time is running out! Are you a small business that would benefit for $10,000 consulting or mentoring services? Find out how to get your free money here We know that Queensland SME’s makes a large contribution in the innovation space and the recent annual Lord Mayor Business awards confirmed just how great we are! Some [...]

Deadline Approaching for the 2017 Financial Year R&D registration

The Research and Development (R&D) Tax Incentive provides a tax offset for Australian company's eligible costs of doing eligible R&D activities by reducing a company's income tax liability. Tax offsets of 43.5% or 38.5% are available for costs incurred on eligible activities depending on a company’s annual aggregated turnover. The 43.5% benefit is a refundable [...]

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 [...]

Data Breach Legislation – Are You Ready For The Changes?

The Australian parliament passed the Privacy Amendment (Notifiable Data Breach) Act 2017 (NDB scheme) on 13 Feb 2017. From the 22 February 2018, all entities covered by the Australian Privacy Principles (APPs) will have clear obligations to report eligible data breaches. The amendments are due to commence on 23 February 2018 so providers should be [...]