Blog Updates from Gold Group Consulting
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Your taxable payments annual report (TPAR) is due soon
Are you ready for TPAR? Update your supplier information now in preparation for your taxable payments annual report lodgement by 28th August. #TPAR #TaxTime #SmallBusinessRead More
New Super Carry Forward Rules – Maximise Your Contributions
Have you maximised your concessional super contributions for 2019? Act now to take advantage of the new rules allowing you to make a top-up payment. Get in touch today before your super fund contribution deadline for 2020.Read More
Xero adds new features to help track work-related expenses
Xero have launched new features to track work-related expenses. Employees can submit expenses paid with company money and use the new integrated map to calculate mileage.Read More
Claiming deductions for working from home to be made easier
The ATO is announcing a special arrangement for people working from home, to claim running expenses without the need to calculate specific running expenses.Read More
How to keep your business running during an emergency
'Business continuity’ is the process of planning out how your company can continue trading – when disaster hits. In essence, it’s your Plan B for how to set up a means of trading, when you don’t have access to your usual offices, workspaces or equipment. Right now businesses are having to put ‘Plan B’ into action.Read More
Keeping your cashflow strong in tough times
Small businesses are particularly vulnerable in tough economic times.
When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive.
Make sure you have a clear picture of your payroll, and any other planned expenses that will need to be accounted for.
If there’s even a possibility that there could be a shortfall, it’s essential to meet this head-on. Whether this means talking to your supplier or creditors to figure out an arrangement, or compromising on other business outgoings, you must make a plan to ensure that the business, or your staff, won’t suffer.