XO Accounting was recently in the news in regards to the construction at our Melton Office.
Please note from June through to October the Melton Council is rejuvenating the area out the front of the Melton office which has resulted in Palmerston Street being closed and much of the area fenced off. Here is a MAP for our clients to find there way into the office. If you have any problems simply give us a call and we can assist.
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The words ‘personal brand’ are still somewhat controversial, and carry an unfortunate cast of self-promotion and vanity. The truth is that personal branding is more important than ever in the job market, and those without a clear personal brand or mission to create one are lagging behind the competition.
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Topics: Firm News
Case study: for $35 per week, you could own an investment property too
Owning an investment property can be far more affordable for potential investors than they think, particularly when they claim all of the tax deductions available to them.
To explain how claiming these deductions can assist an investor to purchase a property, let’s examine the situation of two average Australian taxpayers; John who feels he currently is unable to afford an investment property and Lisa, who owns one investment property.
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Tax fraud is one of the quickest growing areas for scams which tax payers need to be aware and protect themselves against. One such scam which I have experienced many times is where the scammers call you claiming to be from the ATO and advise you that you have an outstanding debt. After making threats of investigations, charges and even jail they demand payment immediately for the debt.
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Ever since Budget Night on the 12 May 2015 any small business with turnover of less than $2,000,000 was able to purchase assets up to the value of $20,000 and get an immediate tax deduction for them rather than having to write them down over an extended period. Many business owners have forgotten this benefit is still open to them until 30 June 2017.
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Small businesses win work by using sales quotes. Yet they often don’t realise that how they prepare quotes can cost them business. Many lose revenue by not following up on quotes or turning quotes around fast enough.
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Topics: business, Firm News, be your own boss, Blog, quotes, quoting, cash flow
Your employees are the blood of your entrepreneurial life. No start-up will survive without a good set of people making sure that things run perfectly. The problem for you and any other entrepreneur is making sure that the people on your team are trustworthy and reliable. Some people have a sixth sense when it comes to reading people, but if you're not that lucky you can simply keep an eye out for a few warning signs.
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Topics: Firm News, startup, Blog, Employment, Recruitment
Everyone would like to become a better investor. People get into a twist trying this method and that only to abandon them for the next new thing. There's an easier way, and it involves following a few simple suggestions.
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Topics: Firm News, Blog, investing, investment, investor, small business
In business, finding a niche that can supply enough revenue is important. More entrepreneurs than ever are realising the importance of finding a narrow set of customers and catering their product or service to them. This allows you to focus your efforts on being great at a few things, rather than mediocre at many. But how do you find your ideal target market? This article will get you started by telling you how to find a good niche.
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