Bookkeeping & Accounting

Income from more than one job?

Bookkeeping & Accounting / By David Andreoli

The tax-free threshold is the amount that the Government has declared to be tax free for each resident taxpayer. Generally everyone will claim the tax-free threshold, but if you have multiple employers you usually only claim the tax-free threshold from one. Claiming the tax-free threshold reduces the amount of tax withheld from your income and …

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Should I Use Accounting Software?

Bookkeeping & Accounting / By David Andreoli

Many business owners are still using manual methods such as cashbooks/excel spreadsheets to record their income and expenditure. In some cases this would be enough, but as the business grows, moving to accounting software is well worth the investment. Reliable accounting software can help to reduce the burden of financial reporting tasks and allow you …

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