Accountant for Psychologists Blog Posts

1. Create a Separate Bank Account for Tax Money Setting up a dedicated bank account for your tax savings can help you keep track of how...

Here are three really good reasons to make sure your business and personal money is kept separate. Tax Compliance Separating business and...

The first thing a potential client will do is to google you, and if you have a website and a LinkedIn profile you’ll be in total control...

The golden rules for claiming deductions relating to a seminar, conference or training course are: You must have spent the money yourself...

How to claim tax deductions for Working from Home If you work from home  to fulfil your employment duties, not just carrying out minimal...

The Budget and how it may affect You In this article Electricity Rebate Changes to HECS-HELP debt Stage 3 Tax Cuts Changes to Paid...

Bookkeeping is  an essential part of running a successful business. It’s more than just keeping the score, it’s about having access to...

Good news if you’re thinking of buying an electric car. You can buy it through your business if you are operating as a company or trust...

Providing timely and effective mental health services is crucial for the well-being of clients. However, due to the high demand for...

A Business Activity Statement (BAS) is a form that businesses in Australia are required to submit to the Australian Taxation Office (ATO)...

Professional Indemnity Insurance (PII) protects you and your business against claims for alleged negligence or breach of duty arising...

Making the decision to change accountants can be a significant step for a business. But rest assured, it's a common practice and a...

When running a service-based business like a psychology practice, managing risk is crucial to protect yourself and your clients. Here are...

As a business owner, you already have a lot on your plate, juggling different roles within your company. One important role that cannot...

The most satisfactory way to deal with this is by putting preventative measures  in place to prevent it from happening! Prevention From...

A record explains the tax and super-related transactions conducted by your business. There are five record-keeping rules based on law and...

1.     Ease of use: Choose software that is user-friendly and easy to operate. Look for software that has an intuitive user interface,...

Good news if you’re heading to the end-of-year sales! You can claim a deduction on a handbag, laptop bag, briefcase or luggage that you...