Bookkeeping Blog

Advice and tips for Australian Businesses

Is your business avoiding its debts?

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As a consumer, you may or may not know someone that has been affected by a dodgy business that has shut down to avoid paying its debts.

We have seen this happen quite a bit over the last few years.

The business may seem to just disappear off the face of the earth, overnight, only to pop up under a different company name.

This as we know is called ‘phoenixing’ and it’s ILLEGAL.

It’s been around for many years and illegal phoenix activity happens in many different industries. The worst is many subcontractors and / or supplies are left unpaid and businesses may be forced to shut down.

Did you know the ATO has a taskforce called ‘Phoenix Taskforce’ whereby they work with other federal, state and territories to detect, deter and disrupt illegal phoenix businesses?

There are a few red flags to watch out for such as

  1. Companies providing unusually low quotes or tenders
  2. Company directors who have previously been involved with liquidated entities
  3. Changes to the company’s name and directors, but the manager and staff remain the same
  4. Companies requesting payments to be sent to a new company
  5. Told that your last contract won’t be paid, unless a new contract is signed, usually this is done under a different company name from the 1st one you began having dealings with.

If you suspect anything illegal, please contact the ATO and/or

Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID

Free Health check

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Did you know I provide Free Health Checks, but not for your health, but for your business?

Maree’s Mobile Bookkeeping is offering a FREE health check of your software file (valued at $497) with comments and recommendations for your file moving forward.

Contact Maree today – conditions apply.

Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID

Considering outsourcing your bookkeeping?

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Before we get into how much does it cost, you need to be aware of the following –

My qualifications – it is a legal requirement that I have qualifications to be able offer a bookkeeping service, starting with a Cert IV. I have been assessed and registered by the Tax Practitioners Board to undertake BAS and GST bookkeeping services.

My experience – with 20+ years’ experience I’ve seen a lot. I have rigorous checks in place to ensure you are meeting all your legal obligations as a business.

My service offerings – not all bookkeepers deliver the same service. As well as ensuring your books are up to date and correct. I am able to lodge your BAS. I also offer a payroll service. I’ll also review your ongoing expenses to monitor your cash flow.

It is with this information that I can determine what your business requirements are and provide a price that reflects.

Additionally, I offer a free bookkeeping health check (see below) that assists you and me in determining what’s right for you.

While keeping in mind that outsourcing adds another cost for your business, the funds you outlay for bookkeeping services are a taxable expense. In some cases, I have actually saved clients’ money.

As your virtual bookkeeper, I am a trained, accredited professional with 20+ years’ experience that will ensure that your business books are kept up to date while you do what needs to be done.

Here at Maree’s Mobile Bookkeeping I am a partner in your business, making your business journey that little bit simpler to save time, relieve stress and make more money.

Now when it comes to cost, all it takes is a phone call for a quick chat. I can custom make a package for you or look at considering one of my bookkeeping packages, believe me, outsourcing for my services is not expensive.

Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID