Our Blog

At Dollars + Sense, we often speak with business owners who say, “I’m ready to hand it over next week.” While you may feel ready to walk away from your business, the reality is you can’t realistically sell your business on a whim, especially if you want to maximise...

As Black Friday approaches, many Australian businesses are gearing up for the annual shopping event, aiming to capitalise on significant savings. However, amidst the excitement, it's crucial to ensure that your purchases align with Australian Taxation Office (ATO)...

When it comes to payroll, there are plenty of little details that can catch business owners off guard, and leave loading is one of the big ones. It’s a term that pops up often in awards and contracts, but not everyone is clear on what it is, when it applies, how much...

Creating a budget for your business is a bit like choosing your morning coffee method – do you stick with the tried-and-true or embrace the shiny new? On one hand, we have the trusty spreadsheet (old reliable Excel or Google Sheets). On the other, the new-ish kid on...

As we head into FY26 (the financial year ending 30 June 2026), it’s time to look at some key changes that came into effect on 1 July 2025. Whether you’re a business owner, employee, or bookkeeper, these updates will have an impact on your day-to-day life. But don’t...

Working from home has its perks (hello, comfy track pants and zero commute!), but did you know it can also save you money at tax time? Many small business owners – from virtual assistants and consultants to creative eCommerce entrepreneurs and boutique retailers –...

End of Financial Year (EOFY) is a whirlwind for any first-time startup owner. It’s exciting to close out your first year, but it’s also easy to overlook the less-obvious compliance tasks amid the chaos. Generic EOFY checklists usually mention things like stocktakes or...

As a bookkeeper, I spend a lot of time in the trenches with receipts, invoices, statements, and all the nitty-gritty that makes a business run smoothly. But just because we’re deep in the detail doesn’t mean we can’t have a little fun with it. Inspired by The Sound of...

 Your Shopify store is growing and your time, blood, sweat and tears is finally turning into profits… but as you are riding your best cashflow wave yet … you suddenly find out that you owe the ATO thousands of dollars in unpaid GST from the last three years.  How did...

Charging GST without being Registered Isn’t Just a Mistake—it’s Illegal. It’s an easy trap to fall into, especially for small businesses and sole traders. Whether it’s due to confusion about the rules or poor advice, charging GST without being registered can lead to...