Hiring Staff. Here are a few tips to make it easier…

June 14, 2023

Tips for Hiring Staff In order for your business to grow, you will need to hire new employees and create new roles. Hiring a new member for your team is always a challenge, and it becomes even more difficult when you are hiring for a brand-new position. Business owners who are able to allocate workplace …

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What Is The Key To Retaining Employees?

June 7, 2023

Employee Retention To gain a better understanding of the negative aspects of a business and develop effective solutions, exit interviews are often conducted with departing employees. However, these interviews occur at the end of the employee’s tenure and may be too late to address their specific concerns. Instead, businesses may benefit from understanding what motivates …

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FBT – What You Need To Know For Your Business

March 15, 2023
FBT - What You Need To Know For Your Business | Accountant | Bayswater

FBT and Your Business As a part of your employees’ employment contracts, do they receive benefits such as a car space, gym membership or even a car to drive? These are what’s known as fringe benefits, which is a ‘payment’ to an employee that takes a different form to salary or wages. This incurs a …

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Tax Deductions for Teachers

February 14, 2023

Tax Deductions for Teachers A number of deductions and benefits are specifically relevant to teachers and people working in education when filing tax returns in Australia. It’s worth checking all the details, as these can significantly impact your final tax return. Our team of expert tax agents is always available to answer any questions and …

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Tax Deduction for Bloggers and Social Media Influencers

January 12, 2023
Bloggers and Social Media Influencers | TAX | TAS | Bayswater

Bloggers, Social Media Influencers and Tax Firstly, you need to be blogging as a business, rather than a hobby. It means that you regularly earn money from blogging, either through direct fees or sponsorships from the companies about which you write. If you operate on a pay-per-view model, you can also earn revenue from subscriptions …

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FBT, The Holiday Season & Your Employees

December 13, 2022

Holiday Season and FBT At the end of the year, you may be looking for extrinsic ways to thank your hardworking employees or faithful customers/clients. A work Christmas/end-of-year party may be a method employed by many businesses to demonstrate their gratitude towards staff, but the expense can be a deciding factor. Christmas/holiday parties are regarded …

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Setting The Right Salary For Your Employees

December 6, 2022

Employee Salaries – Setting The Right Level Setting the right salary level for your employees is essential to finding the right people to help you run your business. However, it can be difficult to determine the most appropriate level based on your business and what it can afford while also being attractive to prospective employees. …

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