Accounting Made Easy

Tag: finance

  • 2025 New Year’s Resolution: Should Your SME Outsource Its Finance Function?

    As we kick off 2025, many small and medium business owners are setting resolutions to improve and grow their businesses. One often overlooked area where significant gains can be made is in your finance function. Should you continue handling your accounting and bookkeeping in-house, or is it time to outsource? Let’s explore the benefits of…

  • The Truth About Tax Refunds and Other Misconceptions About Accounting and Taxes

    After conducting countless meetings and phone calls with clients over the years, I’ve noticed several recurring misconceptions about accounting and taxes. As we enter the busy tax season, I want to share 11 common misconceptions that I’ve heard from people time and again. Understanding these myths can make a big difference in your financial decisions…

  • Essential End-of-Financial Year Checklist to Propel Your Business into FY2025

    As we bid farewell to the 2024 financial year, it’s crucial to start the new financial year on the right foot. Here’s a practical checklist to help you transition smoothly into 2025FY: 1. Payroll and Reporting: Ensure your payroll is up-to-date and don’t forget to complete your Single Touch Payroll (STP) reporting by 14th July.…

  • What Business Structure Should You Choose When Starting Up?

    Welcome to our Start-Up Series, where we offer essential guidance for new entrepreneurs. Today, we’re tackling part of a vital question: “What business structure is best for my start-up? “ Understanding this is key to your venture’s success, particularly from a tax perspective. The 3 Pillars of Business StructureWhen deciding on a business structure, there…