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Tip Tuesday: Accounting Tips for Creative Agencies

Emma Zajac
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  Anyone in creative services will tell you that coming up with the big idea is the easy part. Delivering it on time and budget is the trick. Project briefs change, contractor costs blow out, and clients challenge invoices. Accounting for creatives is complicated.   Profitability challenges for agencies and freelancers Creative industries are full…

Keeping Your Clients’ Assets Safe

Emma Zajac
By far, the most common reason why businesses fail in Australia is poor management, and this is true across all industries. From our experience, many company directors and small business owners are oblivious to their obligations and duties and do not consider the downside or risk, particularly through their personal exposure, should things go pear…

Business for Good: Our July Contribution

Emma Zajac
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Hello Everyone! As you may or may not know, The Garis Group are proud partners of B1G1-Business for Good. B1G1 is a Social Enterprise and non-profit organisation with a mission to create a world that’s full of giving. Unlike conventional giving models, B1G1 helps small and medium sized businesses achieve more social impact by embedding…

‘Biggest Ever’ ATO Deductions Campaign

Emma Zajac
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The ATO has kicked off its taxpayer-focused tax time education campaign, with a series of tailored emails to tax agents and self-preparing taxpayers as it seeks to clamp down on work-related deductions. The tax office has sought to raise awareness of the myDeductions tool in the ATO app to “save hours of work at tax…

Countdown to Tax Time

Emma Zajac
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If your tax planning usually consists of joining a queue to buy stationery shortly before midnight on June 30, it might be time to think ahead. Some deductions require more forward planning, particularly as the financial year-end falls on a Saturday in 2018. Bates Cosgrave director Matt Zhou says: “Tax planning should start as early…
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