by blubookkeepers | Jun 16, 2025 | Bookkeeping
EOFY (End of Financial Year) doesn’t need to feel overwhelming or rushed. Yet every year, I see business owners fall into the same pattern—scrambling in June, handing off half-finished spreadsheets to their accountant, and hoping they don’t owe too much tax. The...
by blubookkeepers | May 27, 2025 | Bookkeeping
There’s a tax change coming that’s flying under the radar.. but it could hit business cashflow hard. From 1 July 2025, the interest the ATO charges on unpaid tax (GIC and SIC) will no longer be tax-deductible. That means: ❌ No tax offset❌ Higher real cost of tax debt❌...
