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Keyboard Shortcuts

In todays Tech-savvy world, everyone is using a computer for something, writing an email, paying a bill, processing data, watching a video. Could you get by without a computer? They are a vital tool for our business and personal lives. Given the amount of time we spend on computers, the…

Tidy Record Keeping

If you have multiple payments or receipts for the year, why not use a spreadsheet to help keep you organised. avance has available both PAYMENTS and RECEIPTS spreadsheets that can be emailed to you. This will make your job a whole lot easier and save you time at the end…

Business Boost Grants

The Business Boost grants program provides support to businesses to advance improvements in their efficiency and productivity. This support includes funded activities in 3 project areas: Future planning Specialised and automated software Staff management, development, and planning How much can you apply for? You may be eligible to receive a…

Is there a PERK to a doing a budget?

I am a spender…not surprising since I’m thirty something with more kids than hands. I don’t need a piece of paper, fancy app or sophisticated software to tell me where my money has disappeared to. In fact, I constantly tell my children that Mum would be rich if it wasn’t…

Downsizer Super Contributions

Once your kids have flown the nest, you may find yourself wanting to downsize by selling the family home. Downsizer superannuation contributions was a measure introduced since 1 July 2018 to allow people to use the proceeds from the sale of the family home to make an extra contribution to…

Improving your Cashflow

Cash is the lifeblood of any business. Once the cash dries up, problems quickly begin to multiply. Keep the cash running freely and you can continue to grow your business. Here are some tips for improving your cashflow: Have a system to manage your debtors - Come up with a…

Windows 10 Tip: Snip & Sketch or (old) Snipping Tool

Snip & Sketch, available in Windows 10 is a program meant to replace the Snipping Tool that has been available in Windows 7, 8, and 10. While the original tool simply took screenshots of either the full screen or an area you chose, it couldn’t do much else. In addition…

Superannuation Strategies before 30 June 2021

Tax deductible super contributions The concessional contribution cap for the 2020/21 financial year is $25,000 across all your superannuation accounts (if you have more than one superfund). If you contribute more than this, you may need to pay extra tax. Contributing into super might build your superfund balance and could provide you…

Business Portal retires at the end of July 2021

Did you know that the Business Portal will be retired at the end of July 2021? This service has been your trusted portal for your business needs for over 17 years. The ATO had previously said it would continue to maintain the Business Portal to help businesses transition to the new…

Taxable Payments Annual Report (TPAR)

What is TPAR? TPAR is an industry specific report which businesses need to use to report total payments they have made to contractors or subcontractors. This amount is then reported to the ATO each year. From there the data will be matched to the annual income declared by contractors to…

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