Recently, the Australian Taxation Office announced the conviction of a luxury property developer for large-scale goods and services (GST) tax fraud. The fraud was linked to illegal phoenix activity. The NSW District Court sentenced Benjamin Ensor to six years in jail. The court also ordered Mr Ensor to pay reparations
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Offering credit as a payment method to your customers is somewhat of a double-edged sword. On one hand, it can open your business to more new clients as you are showing that you are versatile and committed to making things easier for your patrons. Integrating logistics into your operations can further
In a previous post, we talked about the incredible importance of Terms and Conditions to a business. It’s a document that provides several benefits to companies, including offering legal and financial protection. Such protection is useful in case you need to chase after late payments. If you have the correct Terms
Chasing after clients for unpaid invoices is not exactly the easiest thing that a business owner has to do. But it is something that comes with the territory, so they usually take it in their stride and accept the challenge. However, in the past couple of years, this challenge has
Proper invoicing is crucial to ensuring that your business gets paid promptly and regularly. For this reason, it’s important to make sure that your invoicing process works as efficiently as possible. Here are some of the best ways that can help you accomplish this: 1. Invest time in developing your