No this isn’t just about moving your accounting and bookkeeping system to the cloud. This Blog is more about moving everything you can within your business to the cloud.
Business Advisory from the team at Momenta
Embracing the Cloud = Improving Efficiency = Increased Bottom Line
Posted on 22nd January, 2016
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Disincentives for ‘Small’ Businesses to become ‘Medium’ Businesses
Posted on 24th November, 2015
In our view, one of the major flaws in the tax system is how the government defines a ‘Small Business’. Currently the ATO says that once your annual net turnover exceeds $2m you no longer qualify for several small business concessions.
We find that most small business owners find the step from pushing passed and going above that $2m turnover level a major hurdle with many government and legislative roadblocks getting in the way of their otherwise great growth and momentum.