With the unveiling of the 2024/2025 federal budget, households are eager to understand how these financial decisions will affect their day-to-day lives. With Hopscotch Accounting’s expertise, we have translated the 2024/2025 Federal Budget’s key measures into a...
There has been a recent announcement which will effect not-for-profits who self-assess for income tax exemption. From 1 July 2023, non-charitable income tax exempt not-for-profits with an active Australian Business Number (ABN) will need to submit online self-review...
Country-wide small businesses are struggling to keep their head above water with the rising wage costs. Pressure is building up against small businesses to find ways to cover the dramatically increased high staff costs. Recently, the national minimum wage was...
Nonprofit organisations face common issues that any company faces, for example adapting to new technology and staying up to date with accounting and regulatory requirements. However, nonprofits also face some additional challenges specific to their sector. Our team at...
End of the Financial Year is an important time for businesses; completing bookkeeping, tax return and planning for a new financial year. Having the basic core structure for your business ready in advance helps you to be organised and work smarter when EOFY comes...
As you may know, the 2022 Federal Budget was recently announced. The level of interest in the 2022-23 Federal budget is extraordinary. The Treasurer was amazed at the resilience of the Australian economy and the pace of the economic rebound from a COVID-induced...
