Mates’ rates. Ever heard of mates’ rates? You often encounter people asking for them when you just started a business, or even better, once your business is starting to take off. “Aw, hey man, could you maybe give me a discount on your stuff?” “Eh, sis, we’ve been friends for so long, give me a
Hey there accounting fans, last time I wrote about how GST works, this time I will be writing about what it means to be a GST registered business! What does it mean to be a GST registered business? It means that you are now responsible for collecting GST from your customers and returning that amount
Hi there accounting fans! Let’s talk about GST (Goods and Services Tax)! Ok, real talk time – one of the things the many things I get asked as an accountant are: “How can I get a GST refund?” “Why am I paying so much GST?” “I’m paying so much tax, why do I need to
Hi accounting fans and welcome back to the third and final part of our first time employer’s blog! In this last part, we’re going to talk about other necessary deductions you need to make for your employees and why it’s important to keep records and being a good employer. Make the right deductions! Sam here,