Welcome to the halkin blog.
Your source for weekly stories and advice on local business, the economy in general and what’s happening in Sydney this weekend.
Why an Inventory Management System is a Business Asset
Well-managed inventory is one of the most critical assets a goods-based business can have, but it can be tricky to keep this area of your business running smoothly. If you’re involved with both physical brick-and-mortar stores as well as e-commerce, then having accurate inventory is even more crucial to your success.
Can You Benefit from Tax Audit Insurance?
A surprise ATO review or audit of your tax returns can rapidly become a frustrating, costly and time-consuming process. Even seemingly simple queries can result in hours of paperwork for yourself or a legal professional. It’s important to remember that all taxpayers can be audited. The ATO has several recent focus areas that could potentially impact you as an individual, a business owner, or someone with a Self-Managed Super Fund (SMSF).
Duty Drawbacks: A Path to Refunded Customs Duty on Imported Goods
Duty Drawbacks: A path to refunded customs duty on imported goods. If your business regularly exports goods that have first been imported to Australia, you may be eligible to apply for a duty drawback claim. There are a number of criteria that must be met in order to successfully submit a claim, but if eligible, substantial cost savings are possible.
5 Ways to Boost Business Value with Automation
Automation doesn’t have to be intimidating. If you’re looking to take your business to the next level, systems automation (which often goes hand-in-hand with cloud computing) can get you there. Here are five key ways that shifting to an automated model can boost your business: