ATO Client Agent Linking: A step by step to guide nominate an agent in online services for business
Hey everyone, I’m Michelle Knight from Little Miss Bookkeeping. In my recent YouTube video, I walk you through the process of nominating a registered tax agent or BAS agent in your online services for business. If you’d like to watch the video tutorial/walkthrough, you can see that here. Otherwise keep reading for the steps we […]
READ MOREFREE Australian Small Business Income & Expense Tracking Spreadsheet
This video tutorial will get you started to using your Finance Yourself Academy Australia Small Business Income & Expense Tracking Spreadsheet! 📥 DOWNLOAD SPREADSHEET TEMPLATE HERE https://www.financeyourselfacademy.com.au/download-australian-small-business-income-expense-tracking ⏰ Timestamps 0:00 Finance Yourself Academy spreadsheet template 0:58 Who the spreadsheet is suitable for 01:52 Step #1 – Setting up the work paper 02:17 […]
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Employees
What happens if I pay my super late?
In this video I wanted to run through what happens if you pay your super late. This is for small business owners in Australia who might be struggling to pay their superannuation on time. Here’s a quick blog on the implications if you pay super late, even if it is by one day. As an […]
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Business
Why you need 3 business bank accounts
In my experience as a business owner, you need a minimum of two bank accounts, three is best and more than three would make you end up doing more bookkeeping admin that’s not really necessary. Recommended bank accounts: 1) “Everyday” bank account – where your income and expenses would flow 2) “Tax Man” […]
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Business
How to set up your tax invoices for your Australian small business correctly
Things that should be on your invoice: Name of the document – If you are registered for GST = Tax Invoice If you are not registered for GST = Invoice Your business name Your ABN (Australian Business Number) Purchaser/Buyer name Invoice Date of Issue Description of product/service GST amount details (if the total amount includes […]
READ MOREHow to TRANSFER your business name with ASIC
How To TRANSFER Your Business Name With ASIC You will need to sign up for an ASIC Connect login – https://asicconnect.asic.gov.au/ From the homepage, go to the Business Details tab Select the business name that needs to be transferred. A summary of the company’s details will pop up. For this case we […]
READ MOREHow to REGISTER your business name with ASIC
How to REGISTER A Business Name With ASIC You will need to sign up for an ASIC Connect login – https://asicconnect.asic.gov.au/ Navigate to the right hand side of the screen and select Register a business name link. On the page select Business name registration. Review and tick the checkboxes under Things […]
READ MOREHow to RENEW your business name with ASIC
How to RENEW Your Business Name With ASIC You will expect to receive an email or letter from ASIC that your business name registration is due for renewal to continue using the business name and avoid cancellation. Click the PAY NOW link that directs you to the ASIC Connect website. Enter your ABN, […]
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Tech
My favourite 5 small business apps
1. Xero + Accounting software + Makes bookkeeping a breeze + User-friendly + Saves time and money 2. Microsoft Office + Office Suite (Excel, Word etc.) + Integrates with many other apps + Lots of functionalities 3. Canva + Graphic design + Great for novices + Makes everything on brand 4. Zoom […]
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