Beware of fake ATO phone calls In recent times, we have heard a disturbing increase in the number of stories from both clients and colleagues alike, regarding phone scams involving perpetrators claiming to be from the ATO. The most recent aggressive scam attempts are from people who are phoning home phone or mobile numbers and trying to force victims into paying […]
Read more
Read more
What’s the difference between Accounts Payable and Accounts Receivable? This is one of the most common questions we hear from new business owners and existing business owners alike. As a business owner, you can be focused on so many different and conflicting topics at once, and bookkeeping issues often fall very far down the list of priorities. What is the difference? Accounts payable and […]
Read more
Read more
Is it tax deductible to give my clients a Christmas or Thank-you gift? At this time of the year it is common to provide gifts to existing clients and customers as an act of goodwill and as a thank you for their custom and support of your business. As the gift is an expense to your business it is generally considered to be a tax deduction. The ATO […]
Read more
Read more
Why are Melbourne’s best businesses switching to XERO? Xero is revolutionising business financial management by offering to its users a clean interface, easy to use reporting functions, amazing support and best of all, they evolve with technology rather than behind it. Data is simply not entered into XERO, it flows seamlessly by linking to your business accounts and intuitively recognising information. Cost effective accounting and […]
Read more
Read more
Maddern Accountants – Your new XERO partner in Melbourne At Maddern Accountants in Melbourne, we are very excited to announce that we have recently teamed with XERO to become a XERO Partner. If you are a small to medium sized business owner in Australia and have not heard of XERO, you soon will. Xero is revolutionising business financial management by offering to its users […]
Read more
Read more