One of the most common questions Perth business owners ask is whether they need an accountant or a bookkeeper. The short answer is that most businesses need both, but for very different reasons. Understanding the difference can save you money, stress, and serious compliance issues. What Does a Bookkeeper Do? A bookkeeper focuses on recording transactions and keeping your financial data organised. Typical bookkeeping tasks include: Entering income and expenses Reconciling ban

Choosing the right business structure in Australia is one of the biggest financial decisions a business owner can make. Get it wrong and you can end up paying more tax than necessary every single year. The two most common structures for small businesses are sole trader and company. While both have their place, they are taxed very differently. Here is the clear breakdown so you can understand which one may work better for you. Why business structure affects how much tax you p

If you run a small business in Australia and are unsure how much tax you should be putting aside, you are not alone. This is one of the most common issues we see with business owners, and it is also one of the most damaging when ignored. Most small businesses should be setting aside 25 to 35 percent of profit for tax. The exact amount depends on your business structure, income level, and whether you are registered for GST. Below is how to work it out properly. Why small busi