Common GST Mistakes GST commonly has mistakes made in it which can be costly and require other measures to correct if they aren’t caught in time. Most of these errors are easily avoidable and often relate to the over-claiming of GST credits. Here are the top ten common GST mistakes that can be made. Residential […] Read More
End Of FBT Year Is Approaching – Do You Know What Benefits You’re Giving Your Employees? As a part of employees’ employment contracts, do they receive benefits such as a car parking space, gym membership, or even a car to drive? These are known as fringe benefits, which is a ‘payment’ to an employee that […] Read More
Business Activity Statements How to Take the Sting Out of The Quarterly Payment Starting a new year for your business shouldn’t be shrouded in the darkness that can be a looming BAS. But how can you be certain that your business is prepared? A business activity statement (BAS) is a government form that all […] Read More
Cash Flow Checks for Businesses Are Best Done As Soon As Possible After the stress of the holiday period and related cashflow issues, there are more times throughout the year that these issues can become a recurring problem that you must get on top of. Small businesses with cash flow problems put themselves […] Read More
Common Mistakes Often Made by SMSF Trustees That You Can Avoid Being involved in an SMSF puts certain responsibilities in trustees’ hands, and where you overlook key details or find you’re reported to the ATO for failing to fulfill responsibilities you risk incurring financial, civil, or criminal penalties. As SMSFs often involve multiple members, the […] Read More
Do you have employees? Then you need to be ready for Single Touch Payroll! By now you may have heard the buzz around Single Touch Payroll. It’s a pretty big deal for any business that has employees. So…what do you need to know and how does it affect you? Keep reading to find out. What […] Read More
Learn Xero Cloud Accounting in no time! Our Learn Xero in 7 Days course is live! We know that running a small business is hard work and learning finding the time to master accounting software is even harder. To get started with Xero. Sign up here: https://www.mdtrimmerandco.com/get-started-with-xero/ Make sure you get in touch with us […] Read More
From Mac computers to make-up, here are six examples of super-strong brands that cornered their markets using different marketing strategies. If you look at their histories and analyze the pivotal moments, you’ll find parallels and pick up tips on how your company can follow in their footsteps and stand on the shoulders of giants. 0/5 […] Read More
Too many businesses fall over because the owner has not established efficient business systems. This typically happens because the business owner is so caught up in the day-to day running of the business that the fundamentals of good business management get forgotten. Often too it must be said that the owner simply doesn’t like bookkeeping […] Read More
Small business owners know that to find a loyal customer base, they have to stand out from their competitors. One of the best, and easiest, ways to do that is to have outstanding customer service. How you treat your customers reflects your entire business. People think positively on companies that treat their customers and clients […] Read More