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Improve Profit, Cash Flow and Peace of Mind with a Financial Roadmap’ from CFO On Call

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The end of the 2012/2013 financial year is fast approaching and now is the time to assess business performance and set targets for the new financial year. A ‘Financial Roadmap’ will help improve profit and cash flow, by ensuring funds will be available to spend on developing new products and services, marketing, sales, operations, customer service and human resources.  To grow a business you must have funds available at the…

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Better Bookkeeping for Plumbers and Tradies

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The Master Plumbers’ Association of Queensland is a not for profit, non-political organisation of employers whose businesses are engaged in every section of the industry. Master Plumbers protect the health of the community and the environment through professional plumbing services. The Master Plumbers’ Association offers a comprehensive range of training, services and benefits to its members, allowing them to focus on their individual businesses. Master Plumbers’ has joined forces with…

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What’s the difference between a Tax Agent and an Accountant?

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And what is the difference between an accountant and a BAS Agent? Make sure you understand which financial professional to turn to. Owning a business involves making hard decisions. Should I advertise my business more? How much finance should I get to buy more machines? Will my workers cope without me during my business trip to Fiji? Common sense would dictate that you get the best information possible so you…

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ABN announces the launch of the Australian Bookkeepers Association

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The Australian Bookkeepers Network has today announced the launch of the Australian Bookkeepers Association (ABA).  The ABA is an association that is run by Australian bookkeepers for Australian bookkeepers and will soon be lodging with the Tax Practitioner Board (TPB) an application to become a BAS Agent Association.  The ABA governance structure allows for greater involvement from members and provides the opportunity to become more involved in your profession and…

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Preparing for the increase in Employer Superannuation Contributions

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Employer superannuation contributions will be increasing over coming years and the increase to 9.25% must be implemented by 1 July 2013.Employers will need to consider how to implement the new rates, and consider how the roll-out of the increases will be timed, how the increases will be absorbed into current remuneration structures or whether the total remuneration of employees will be increases.Those employers who already contribute more than the contribution…

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Xero Roadshow scores another big win in Brisbane

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The Xero Roadshow hit Brisbane this week and what a stand out event it was!  Our superstar Xero Team Manger, Sharon Watts, drew the lucky straw and went along to catch up on all the exciting new developments and touch base with the add-on partners and the dynamic Xero team members.

Increase to minimum weekly wages: from Fair Work Australia

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Today, Fair Work Australia announced the 2012 Annual Wage Decision. The decision increases minimum weekly wages by 2.9%. This also applies to minimum wages for juniors, trainees and apprentices, employees with a disability and to piece rates. The new national minimum wage will be $606.40 per week or $15.96 per hour.  The increase to the minimum wages doesn’t take effect until the first pay period on or after 1 July…

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