Don’t Miss Out on R & D Incentive Opportunities
Tax Incentives For Businesses on R & D Are you aware of R & D tax incentives that can help drive innovation and value for your business? If your business engages in activities designed to improve a product or service that you take to market, you may be eligible for lucrative cash refunds for expenditure […]
FBT Wrap Up – Issues to be aware of for the end of the 2017 FBT year
The end of March brings the 2017 FBT year to a close, we have a final wrap up of FBT News from Ben Wright, Manager, who recently attended an NTAA FBT Seminar for 2017. Issues to consider when assessing your fringe benefits obligations: Car fringe benefits are one of the main benefits provided by employers […]
Fine Art of Price Setting
Why Price Setting is Important in Business It’s a matter of balance. You went into business to make money and the concept of chalking up profits is fairly simple: Your company has to take in more than it spends. Top Tip: Reserve Discounts for Your Best Customers Maintain a sensible discounting policy. You want customers […]
FBT: What’s Due and When?
Fringe Benefits Tax Lodgment Information The Fringe Benefits Tax (FBT) year runs from 1st April to 31st of March. If you are providing certain benefits to your employees or you are receiving certain benefits as a director of a company or trust, you may be subject to FBT. Lodgment and Payment Dates The FBT lodgement [...] 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 [...] Shutting down over Christmas and New Year? Here’s what you need to know about Leave Entitlements
FAQ's on Employee Leave Entitlements During the Christmas/New Year period many of our clients come to us for advice about employee leave entitlements. That is why, for this week’s blog, we have compiled a list of frequently asked questions about employee leave entitlements to help you get by the holiday period. How many leave days [...] 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 [...] Maintaining a Healthy Cashflow
Keeping Your Business Healthy Through Efficient Cash Flow Management A major concern for many businesses is maintaining a healthy cash flow. It is the heartbeat of business and keeping it stable requires juggling most aspects of your operation, including accounts receivables, payroll, credit, and inventory. When your business is squeezed by a tight economy — […]
Financial Modelling Fundamentals
Financial Modelling to Take Your Business to the Next Level In today’s sporadic economic climate, there has never been a greater need for financial modelling to ensure success and profitability for a business. This is why Advivo is pleased to introduce this type of Financial Modelling Service. In a nutshell, financial modelling involves building a [...] 5 Most Common Financial Management Mistakes For You To Avoid!
Avoid These Mistakes and Manage Your Cash Flow Better No matter how great your business model is, you can’t survive if you can’t manage your business’ cash flow. In fact, research has found that as many as 82 percent of small businesses fail due to poor financial management. So here we have listed the 5 […]