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Your 10-step checklist for end of financial year in 2024

Xero

We know end of financial year is a busy time, so we’ve prepared a quick 10-step checklist to help you cover your bases at the end of FY24 and start the new financial year off strong. If you’re using Xero, you can find more helpful information in our handy guide for getting ready for financial year end.

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Staying on top of GST due dates in 2024

Xero

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings. What is the filing frequency for my business?

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Your small business tax time questions answered

Xero

This is a guest post by accountant Daniel Hardy of Xero Platinum Partner firm Caveo Partners. Recently, Caveo Partners was named the best boutique firm of the year at the Australian Accounting Awards. . With a new financial year upon us, you might be thinking, what’s next for my small business? Your accountant or bookkeeper. .

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How to nail end of financial year: A guide for Australia’s self-employed

Xero

Whether you’re a sole trader, side-hustler or freelancer, understanding deductions to super and taxes – on top of running your own show – is enough to make anyone’s head spin. Take our word for it; a trusted accountant or bookkeeper will become your best friend at tax time. The best way to do this? The good news?

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Small Business Accounting Guidelines: Steps For Running & Scaling Your Business

Outsourced Bookeeping

Running a small business can cause you to shoulder a lot of burdens, especially in the financial realm. Keeping track of revenues and expenditures to maintain a proper cash flow must be cautiously organized so that you are not off track on your funds or financial records when you are filing taxes.

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A new tool to make taxes more transparent

Intuit

It’s no secret that the federal tax code is long, complex, and difficult to understand. In fact, many Americans don’t have a clear understanding of how the tax code works or what federal programs and initiatives their tax dollars support. With more than 6,000 pages of federal and state tax codes and laws, who can blame them?

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Xero App Store apps Australian small businesses should know about this EOFY

Xero

Thanks to an ecosystem of over 1,000 apps, within a few clicks you can create a digital stack that supports everything from automating your financial workflows to managing your business operations – anytime, anywhere. . Complex approval processes can hold up your accounts payable and receivable.

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