Accounting & Business Insights from Mc Lewan Chartered Accountants

If you’ve realised the benefits of having an account, whether you are self-employed, run a business or are employed by someone else, you now have a choice to make. You will need to find an accountant that suits your circumstances, and there are many to choose from in Adelaide alone.

Comprehensive and consistent budget reviews are vital for the ongoing success and profitability of your business. With the end of the financial year just around the corner, now is the time to revisit and revive your business’ yearly bookkeeping and budgets.

Three of our simple time management and bookkeeping tips so you can streamline the handling of your finances.

From July 1st, 2017 there will be some significant changes made the Superannuation laws. Read some of the most significant changes here.

As of January 1, 2017, the Australian Taxation Office (ATO) has updated the legislation around the tax withheld from working holiday makers working temporarily in Australia has changed.

Research reported in the Australian Financial Review found that stereotypes haven’t changed and most small-to-medium business owners trust their accountants.

If you talked to the average person, superannuation wouldn’t be one of their preferred topics. Superannuation has a startling low disengagement rate in Australia, across most generations, due to its complexity and long-term nature. For many people, if they can’t reap the immediate benefits then the practice becomes another tedious task.

The world of freelance work and self-employment comes with a fair few challenges, usually the most unfamiliar of them all is dealing with new bookkeeping and accounting responsibilities.

It may sound tedious to keep a record of all your business expenses and details – but we have found the easiest way methods.