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Three Ways to Accelerate Business Growth

Advivo outlines how to automate, delegate and eliminate your way to more productive business practices. No matter what industry your business operates in, we are sure you are always looking for ways to save money while improving productivity. By reviewing your current business processes, you can save time and money by using the right systems…

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A Guide for SMEs Preparing for EOFY

Advivo Partner, Chris Morris, outlines factors that SMEs should consider when preparing for EOFY.   The end of the financial year is a crucial time for small and medium-sized enterprises (SMEs) to assess their financial position, meet tax obligations, and plan for the future. To ensure a smooth transition into the new financial year, it’s…

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Best Logbook & Mileage Tracking Apps in 2024

Advivo reveals 4 Logbook and Mileage Tracking Apps That Can Help You Save on Tax By keeping track of your business kilometres, you can claim significant reimbursements on your taxes. However, keeping physical records of your business mileage can be time-consuming and tedious. Luckily, there are several logbook apps that can make tracking your kilometres…

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Self Managed Super Funds (SMSF): The Pros and Cons

Weigh up if choosing a self-managed super fund is right for you.  Choosing your super fund is an important, yet complicated aspect of managing your finances. Currently, more and more people are opting for Self-Managed Super Funds (SMSF) – in fact, there are now 1.1 million Australians using this form of super fund. When deciding…

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The 2023-2024 Budget

On the 9th May, Federal Treasurer Jim Chalmers delivered the 2023-2024 budget.  As expected a budget surplus was delivered for the first time since the Global Financial Crisis, albeit noted as only temporary.  This budget is focused on cost of living measures with targeted support for individuals and families as opposed to major tax reform…