OBT is moving to an online portal for the provision of tax and business documents.
The ATO is ramping up their debt recovery action across the board for individuals as well as companies. It is crucial to keep all lodgements up to date even if the resulting debt can’t be paid straight away.
There’s more to accounting than compliance. A well-run accounting function is multiskilled and supports business leaders to accomplish a range of different outcomes. We describe 5 important ways a business can benefit from the breadth of skills in an accounting function.
Farm accounting is more complex than other businesses when it comes to assets, liabilities, costs and revenue. But with a little thought and planning it’s possible to get into a routine of managing the finances for every aspect of your farm’s operation. Here are 10 points to bear in mind about farm accounting.
Meet Terri Hamilton who works closely with Debbie as OBT’s Client Accounting Support Administrator looking after our clients’ correspondence and queries.
From working with an accounting firm in one of Brisbane’s iconic high-rises to celebrating 20 years as an accountant with OBT, Sue’s career is certainly varied. Read why, as we congratulate Sue Dobinson on Happy 20th Anniversary at OBT!
In response to the coronavirus (‘COVID-19’) pandemic currently impacting the economy and businesses generally, each Australian State and Territory Government has announced relief and other support packages as part of the broader economic stimulus measures. We look at some of the Queensland Government’s key initiatives.
In just three years, they’ve established a boutique hobby business, keeping 400 hives and selling their Native Bee propolis worldwide. OBT Financial Group is helping Mariki and Francois Visser make the transition from bee-ing employees to business owners.
If you work from home right now, remember to keep records and receipts for your home office expenses, along with a record of the hours you work from home. Keeping good records now will help to get your deductions right at tax time. The ATO has a PDF poster you can download to help understand what you can claim.
When Jodie and Aaron Werth had the opportunity to purchase local business Gatton Betta Home Living, read how OBT was on hand to help pre, during and post-purchase.