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Frequently asked accounting questions
As you can imagine, we often respond to a lot of accounting questions. Most queries are usually the same, or at least similar. So, I thought I would provide answers to the most popular ones. How should I structure my business? There are several options here. The most common are: Sole trader – a person […]
Warning signs of organisational misalignment
Picture yourself driving down a road. It’s been raining so the road is a bit slick. You have noticed recently your car has been pulling to the right, but you just compensated for it by adjusting your steering to the left. Suddenly the person in front of you brakes abruptly and you apply your brakes […]
Organisational Alignment – a critical ingredient to top performance
The ‘Master Widget’ company has good products, and the people are working hard, but the company is just not operating cohesively. Therefore, inefficiencies are driving up costs, a silo mentality rules, frustrated people are leaving, and the competition is gaining on them, so they are leaking profits. In other words, the company is misaligned – […]
Check your pay slips!
Pay slips are an important component of any payroll services. Also known as wage slips, paystubs or pay advice.  Before the birth of the internet, emails, and the old wire transfer systems, pay slips were often provided to employees in a paper form along with their pay cheque. The pay slip was an acknowledgement of the […]
Time for an FBT (Fringe Benefit Tax) health check!
As we draw closer to the breezy autumn days of another tax year, the Fringe Benefit Tax (FBT) season is inevitably upon us. The recent increase to the personal income tax rate, which applies to income earned by individuals earning over $180,000, has also resulted in an increase to the FBT rates. Coupled with the […]