Reckon

On Tuesday 25 October, Treasurer Jim Chalmers delivered what a panel of small business experts has labelled a “cautious”, “line-in-the-sand budget”. 

The first Labor budget in a decade will be dropped on Tuesday 25 October by the new Treasurer, Jim Chalmers. Amidst an existing economic climate that’s replete with consecutive interest rate rises, mortgage pressure, soaring inflation and a higher cost of living — this will be an important budget for both individuals and small businesses.

As eInvoicing becomes more common and businesses who rely on invoices for payment become weary of antiquated invoicing methods, it’s time to look at an example of how making the switch to eInvoicing radically improves payment collection.

The Australian government has mandated the internal use of eInvoicing from 1 July 2022. Discussions are also being had around the mandatory nature of eInvoicing for all businesses, although no announcements or decisions have been made. So, if you want to get paid faster and gain some meaningful time savings while achieving enhanced visibility and accuracy – eInvoicing is for you.

If you knew you could get massive efficiency gains from the investment of just a few minutes, you’d obviously take the plunge. That’s exactly what eInvoicing offers — and it’s not the only business benefit.

To take the heat off EOFY, we’ve crafted a short guide that will help you get your tasks done faster. Time to get your ducks in a row and tick tax time off now, so you can get back to growing your business.

After more than a year of pandemic-induced disruption, treasurer Josh Frydenberg wanted his 2021 federal budget to serve as an indicator tha…

Major spending on skills and hefty asset write-offs and loss carry-back schemes are key wins for SME owners in the 2021 federal budget.