Once of the easiest ways to issue invoices is to use invoicing software with automatic invoice templates. But when should invoice templates include sales tax, and how is an invoice template with GST different from an invoice template with no GST?
In the 2018-2019 budget, the Australian Government announced an economy-wide cap on payments made with cash, meaning that business cannot make or accept cash payments of more than $10,000.
So how might this new legislation affect small business owners, and what steps should you take to make sure that you don’t break the rules?
When you run a small business or work as a sole trader, you become responsible for managing your company taxes, which involves charging sales tax, lodging tax returns, and claiming tax credits. It’s therefore important to understand which taxes you might be accountable for if you run your own business in Australia.
In this blog post, we take a look at some of the main business taxes in Australia and explain how they might affect sole traders and small business owners.
Invoicing a customer abroad is much like invoicing in Australia, but there’s a couple of additional things you’ll need to consider. Here’s what you need to know about creating invoices for exports.
It’s easy to get confused about what makes an invoice a tax invoice. After all, they look alike, they include similar information, and they’re both considered legal documents.
To make things a bit clearer, this blog post answers some of the most common questions about invoicing and tax invoices - from how you can identify an Australian tax invoice, to how they can be sent.
Outstanding bills and overdue invoices frustrate freelancers and small business owners around the world, but one country has become infamous for late invoice payments: Australia.
Fortunately, initiatives and regulations to speed up payments have led to a drastic improvement - late payments have reached a record low, and research has found that outstanding bills are now settled 11.7 days late, down from 15.3 days in 2017.
While the overall situation is improving, overdue invoices can still cause issues for small businesses and freelancers. For those of you who struggle to get paid on time, we’ve put together a few tips and tricks to help you get your money sooner.
Invoicing is one of the first things you need to master when starting a small business, becoming self-employed, or working as a freelancer. It might not be the most exciting part of running a business, but invoicing is the key to getting paid.
In this blog post, we offer some advice to Australian freelancers and small business owners who are looking to send their first invoice.
The Debitoor application has been shut down, but if you're searching for an all-in-one invoicing software, SumUp has everything you need. SumUp is more than just invoicing software. We offer a range of integrated tools to help you run your business easily and efficiently. Open a Business Account with a free Mastercard, set up an online store, accept a variety of in-person and remote payments and much more. Start streamlining your invoices, payments and accounts today!
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