An accountant or bookkeeper will free you up to focus on your core business. Plus they’ll allow you to spend more time with family and friends, which is a really great perk of making a good business decision. Owner-managed businesses often do their own accounting and bookkeeping to try and save money. This Xero Small Business Guide explains why you need to get an accountant or bookkeeper, and how to get the best value out of using one. https://www.xero.com/au/small-business-guides/accounting/why-you-need-an-accountant/
Contact us if you require any assistance www.smartbusinesssolutions.com.au 0359 11 7000
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It might seem like a clever strategy - moving surplus business cash into your personal mortgage offset account to save on home loan interest, then shifting it back to the company around tax time. But there’s a catch: the ATO sees this, and they’re not fans.
