If you run your business from home or even partially from home ( after hours) listen up… The rules set by the ATO have changed today. From 1 March 2023, the ATO now requires you to keep a diary / calendar record of all hours worked from home if you want to claim working from home (WFH) deductions. Prior to this date, you could just estimate WFH hours. Note that… Read more
It is often a misconception that accountants and business advisors like to say NO . That they like to suck the excitement from the room and block enthusiastic business owners by telling them all the reasons why an idea won’t work. Well, I’m an accountant and a business advisor and I’m here to tell you that isn’t true. It certainly isn’t how I operate. This was confirmed to me by… Read more
Balanced Advantage provide virtual bookkeeping services only, which means we don’t provide on site bookkeeping. This doesn’t mean that we never visit our clients – we love seeing our clients! It means that the majority of our work is done off site using cloud technology. We are often asked by potential clients why we choose to work in this way. Interestingly, we are never asked this question by our own… Read more