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Don’t underestimate the importance of good bookkeeping. It is one of the pillars of every successful business. It is more than just data entry.
Forecasting in particular is vitally important because it will help you plan and predict cash shortages/excesses, plan and prepare for expansion, stock control, taxes and anticipate key expenses.
Preparing your own income tax return can be confusing and often leaves you with more questions than answers. Tax law is becoming increasingly complex with penalties for getting it wrong more severe.
A self-managed superannuation fund (SMSF) is a superannuation fund that is managed by you. It comes with a raft of obligations and responsibilities that must be met to ensure your fund remains compliant.
