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PBS Accountants

PBS Accountants

PBS Accountants

How do you invoice during a crisis?

It’s not easy to request payment right now, but it is important to keep cash flowing into your business so

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Terminating Employment How to Get the Process Right

Dismissing an employee is never easy. But if you understand and fulfill your obligations, it’ll make the process easier for

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Christmas Parties and Presents – and Tax!

Christmas is a great time to acknowledge and reward your employees and other associates by celebrating and giving gifts. But

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New Rules for Super Age Limits and Work Test

Changes to superannuation legislation in July 2020 have adjusted the rules around age limits and the work test, allowing older

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Finding a business idea that fits you

Every business starts with an idea. It might be a crazy concept that’s never been done before or a twist

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Top 10 time wasters to avoid

We all have the same 1,440 minutes each day, but some of us achieve so much more than others. How

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Restructuring or selling your business? We can help

This time last year, you might have been pondering Christmas bonuses or booking your summer holiday, but with a completely

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2020-21 Australian Federal Budget announced

The Federal budget was announced on Tuesday 6th October after a delay due to the coronavirus pandemic. Treasurer Josh Frydenberg said

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Track and understand customers’ shopping habits using cookies

You know what chocolate-chip cookies are, but what about the ‘cookies’ that websites ask you to accept and that are

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Thinking of Buying a Business? Things to Consider

Buying an existing business can be a great way to get started as a business owner, or to expand operations

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Take some small steps to better wellbeing

We are living in uncertain times right now. The situation changes daily with new challenges to overcome. We are all

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The Value of a Log Book

When claiming for work-related car expenses, many taxpayers miss out on maximising their claim due to inadequate record keeping. But

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Staying on track with your personal budget

You’ve taken the first step and developed your personal budget for the year. However, don’t set and forget and then

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When should you offer casual employees a permanent position?

Recent court cases involving casual workers have increased attention on casual worker classification, which means your workers may be more

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The Fundamentals of a Business Budget

A business budget is one of the essential tools in managing your business finances and actively building your business. A budget

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Reduce debtor days and improve cashflow

Managing the gap between the receiving money into your business and paying money out of your business is vital for

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Instant Asset Write-Off – Extension Announced

Businesses will be able to access the boosted $150,000 instant asset write-off scheme for a further six months to the

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Is There Anything I Can Do Before 30 June 2020 to Reduce My Tax?

30 June tax planning generally focuses on three things:  1. reduce income 2. increase deductions 3. accessing lower tax rates Before implementing any strategies,

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JobKeeper eligibility for 16 and 17 year old employees has changed

From the fortnight commencing 11 May 2020, JobKeeper Payment eligibility for employees aged 16 and 17 years has changed. If you

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JobKeeper Payment – rules announced

The JobKeeper payment is for businesses and not-for-profits that are significantly impacted by the Coronavirus pandemic, and the measures in

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ATO rolls out working-from-home deduction shortcut

Under the new arrangement, taxpayers will be allowed to claim a rate of 80 cents per hour for all their running expenses, rather

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