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Paul English

Paul English has worked at Kothes for 20 years and enjoys the variety the accounting industry offers. His number one tip is to keep your accounting records in order so when you are audited, it is easier for someone else to follow. He also encourages people to utilise online accounting programs that automate bank feeds as much as possible, as it will save them a lot of time. Paul works in the Audit and Assurance division of Kothes and spends much of his working week...

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Cassie Schofield

Cassie’s number one tip for people looking to change the way they manage their superannuation is to include their tax accountant and financial planner in the same conversation. “Any time is a good time to have a fresh look at how your superannuation is set up but when you do, I recommend including your tax accountant and your financial planner because they can work together to minimise the amount of tax you pay while helping ensure your superannuation provides for you in later years.” Cassie...

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Jenni Nichols

Jenni Nichols, one of the longest serving employees at Kothes, has seen some incredible advances in technology and changes to the accounting industry but one thing has always remained the same – it is essential for people to keep their records up to date. “My number one tip for clients is, and always has been, keep up to date. It’s so easy to fall behind and that can create all sorts of problems in trying to catch up.” Today’s cloud-based accounting and paperless offices are...

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Robyn Alcock

Robyn Alcock says businesses who keep on top of their tax and accounting are steps ahead of the rest. Her number one tip is to make a quick email or phone call if you have a query because it could be the difference between a smooth reconciliation and a disaster. The tax and accounting industry is constantly changing so it’s important to stay on top of how changes affect you. If you encounter a finance, tax or accounting issue in your business, most of the...

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Sonya Doyle

Kothes Tax Team Accountant Sonya Doyle’s tip for businesses is to find an accounting package that fits. “All accounting software is different so it’s important that you find the one that suits your business; that will help ensure your record keeping is more straightforward and gives you more time to work on your business rather than in it.”  Sonya has worked in the finance sector her whole career and after completing a Bachelor Degree part-time while working full-time she pursued her passion for accounting and...

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Faith MacLennan

Working with your accountant to find the ‘best-fit’ cloud accounting system to allow you to run your business efficiently is the number one tip from Kothes chartered accountant Faith MacLennan. Technology has come such a long way and there are so many options available to keep track of your accounts; it’s worth brainstorming with your accountant to find what’s going to suit best. Faith, who has worked for Kothes since 2011 with a key focus on technology, said businesses needed to consider how their accounting...

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Ben Marshman

Ben Marshman’s number one accounting tip for businesses is to take the time to set up your financial system properly from the start to save headaches down the track. Make sure you get everything set up properly from the start such as payroll. Or if you are setting up with a new xero cloud accounting account, make sure it’s done correctly. Ben, who has worked for Kothes Accounting Group since 2015, also recommends people go to their accountant first to get help setting their business...

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Meika Hart

With smarter and faster ways of recording your business transactions, Kothes Practice Manager Meika Hart says it’s worth asking your accountant if you are using a reporting system that allows you to spend less time recording and reconciling your business and more time running and building your business. Technology is improving all the time and provides major benefits to businesses because they can spend less time on accounting and compliance activities, and more time on maximising profits to reach their full potential. Growing up in...

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Amanda Rafferty

Financial advisor at Kothes Financial Planning Amanda Rafferty recommends people put time and energy into their financial future as soon as they can. We all get busy with life but there are a few simple things you can put into place early that can really change your financial future. Any time is an ideal time to sit down with your advisor to work out a plan. She says a financial plan starts with looking at your current financial situation and where you’d like to be...

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Deni Tomat

Deni Tomat’s number one accounting tip for businesses is to try and keep up to date with their finances. When you fall behind it’s so much harder to catch up and this impacts on managing your business. With the cloud software we have now this is much easier. Plus you can check in on your business’s wellbeing at any time and deal with issues there and then, and not have to wait until your end of year tax is done. Deni started her Bachelor of...

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Andrew Blaxter

Andrew Blaxter’s number one tip for businesses is to touch base with their chartered accountant before making a major business decision. He encourages all businesses to hold off on signing contracts, restructuring or purchasing new equipment until after they’ve spoken to their accountant because: Your decisions could impact on your tax. There might be better options available that your accountant can help you set up. It’s a lot simpler to work through these matters before paperwork is signed rather than pick up the pieces later....

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