Anurika explains the following:
✅ How to look up your Business Turnover for 2019 / 2020 in Xero
✅ Understanding where to look up your FTE (Full Time Employees) in Xero
✅ Finding how many weeks have your employees been receiving JobKeeper (not months or fortnights, but weeks!)
Whilst retention payments are very common in the building and construction industry we continually see them being incorrectly accounted for, or not accounted for, and therefore often overlooked, resulting in advance payment of taxes and/or lost income.
We are heading into a period of opening up the economy after COVID, with the need to repair the budget, an election looming by May 2022, the threat of inflation and a withdrawal of central bank stimulus.
While commercial property is a little more difficult to understand than residential, it offers several significant advantages for investors.