Shoebox Blog

Differences You Need To Know As a Sole Trader or a Small Company

In Bookkeeping Basics | Posted 1 week ago, 22/05/2020 at 9:17pm

If you’re a small business, you might be wondering whether you qualify as a small company or a sole trader and where certain limitations apply. It’s important to distinguish your business as one or the other as both contain different legal, tax, record keeping, set-up costs, and financial reporting obligations to the ATO, as do all the business structures.

Shoebox Franchisee Recaps JobKeeper and COVID-19

In Industry News | Posted 2 weeks ago, 20/05/2020 at 12:16pm

As COVID-19 restrictions ease, businesses begin to resume some sort of 'normal' operation. With JobKeeper Payments rolling out in early May, bookkeepers and accountants have been crazily putting in the work. Read about the experiences from a Shoebox Franchisee.

Pre and Post COVID-19 Working From Home Tax Benefits

In Bookkeeping Basics | Posted 3 weeks ago, 13/05/2020 at 8:34pm

One of the biggest issues working from home introduces is the newfound strain on home-based expenses.We’re here to explain the benefits you can claim from working at home, whether this is your usual set-up, or whether COVID has forced this new experience onto you.

5 Ways to Support Staff Working From Home During COVID-19

In Bookkeeping Basics | Posted 25/04/2020 at 2:41pm

Working from home involves a big adjustment in your staff, management, and overall business structure. While it seems like it would be an overall enjoyable and comfortable experience for many, working from home does come with certain challenges and limitations.

Navigating Through the Uncertainty: 10 Financial Tips for Businesses During COVID-19

In Bookkeeping Basics | Posted 15/04/2020 at 7:49pm

To support businesses during this unprecedented event, Shoebox provides the following advice for business and financial management over the next few months which will prove difficult for many business owners who are trying to afloat amid the coronavirus pandemic.

Government Incentives to Support Your Small Business During Coronavirus

In Latest News | Posted 08/04/2020 at 5:06pm

Small businesses are the backbone of Australian. While the future is currently uncertain, it’s as important as ever that small business owners are supported through access to as many incentives provided during this bleak time.

FREE Workshops to Help You Manage Your Business

In Bookkeeping Basics | Posted 11/03/2020 at 2:44pm

It might surprise you to learn there are a bunch of free workshops running across the country. To help you with your business finance (arguably the most crucial part of running a business), the ATO provides face-to-face workshops. Keep reading to find out more!

Cashing In Your Flow: 5 Smart Money Techniques That Work!

In Bookkeeping Basics | Posted 20/02/2020 at 3:08pm

Understanding how to steady your cash flow is easier said than done. Running a small business isn’t for everyone. If you feel overwhelmed about running your business, ShoeBox’s affordable packages and this handy article will help push you in the right direction!

How do New Donation Platforms Work in the Tax System?

In Bookkeeping Basics | Posted 03/02/2020 at 6:53pm

So far, approximately half a billion has been donated to the bushfires. While this figure is enough to restore your faith in humanity, it does raise a lot more questions and debate: How is tax calculated in our modern world where you can donate just about anywhere?