Businesses in Australia with an annual turnover of less than $75,000 are not required to register for GST. However, they may voluntarily register with the Australian Taxation Office. If your business is a sole proprietorship or partnership, make sure it meets the following conditions: – The business is registered and operates solely in one state […]

Every entrepreneur lives in the hope that their business idea will make them rich. And while it remains a dream for most, there are a few ways to achieve this. One of which is through small business funding. The availability of small-business grants and loans has always been high on the list of perks entrepreneurs […]

Budgeting may seem like a simple task – it’s just math, right? Wrong. Budgeting is an art. Managing your funds can be difficult, so we have created this article to help you manage your funds in the best way possible! Here are some helpful tips for managing funds for small business: 1. Manage your finances […]

Cryptocurrency taxes are no laughing matter. You’ve been paying them for years – thanks to the 2017 Australian government budget, it seems you’ll also be paying them for years to come. Don’t worry; read this ‘Crypto Tax Guide for Australia 2022-23’ to know it all! Taxable income is any income your cryptocurrency holdings generate, including […]

Blockchain is a revolutionary new technology that enables safe, transparent, and reliable transactions without the need for centralized authorities. The impact of blockchain on the accounting profession is quite remarkable. The more you read about the impact of blockchain in the accounting profession, the more you realize that it is an extraordinary technology with vast […]

So you have a business, and you’re wondering how to pay the bills? One of the simplest ways is to keep track of money that comes in and goes out. From accounts receivable to payroll, finance is a part of every business. So why not hire a professional to do it right? Know why bookkeeping […]

7 Ways to Deal with Outsourcing Skill Shortage  Accounting isn’t going anywhere, and that means we’re all going to need to get a lot better at adapting. That also means we’re going to have to learn how to deal with outsourcing-related skill shortages, which is a serious issue. Luckily, we have 7 ways to deal […]

Generally, the importance of creating a safe work environment is not given enough weightage. In order to create the safest and healthiest workplace possible, companies must be proactive in creating a culture of accountability. Creating a safe work environment is important for the employees, their families, and the company. All too often we hear about […]

In this blog, We will tell you the best way to avoid 7 Distractions That Kill Productivity in the Workplace One of the greatest things about being a working adult is getting to choose what you want to do with your day. It’s one of the perks of the job, along with freedom, money, and […]

Here OrangeIQ will tell you how to manage workplace burnout in the accounting sector. Burnout is a real problem in the accounting sector. The term was first coined by Herbert Freudenberger in 1974. Burnout can quickly become a significant physical and mental illness, severely impacting your life and career. According to data from several studies […]

OrangeIQ will tell you the new changes in the superannuation legislation that the 2022–2023 financial year will bring. That is to say, older working Australians and retirees will be the ones benefiting the most from the changes. Older working Australians and retirees are key beneficiaries of changes that came into effect on July 1st, 2022. […]

In this blog, OrangeIQ will tell you the best way to choose between multiple job offers. After the pandemic, a lot of people have been left unemployed, and businesses have a shortage of skilled people. That is to say, as the skills shortage bites, job seekers will be offered more than a single job. The […]