If you’re thinking about starting a business or already running one on your own, chances are you’ve come across the term “sole trader.” At Oculus Group Accountants in Tweed Heads, we work with many sole traders across different industries — from tradies and creatives to online sellers and consultants. Here’s what you need to know […]
Remember when bookkeeping meant dusty ledgers, squeaky filing cabinets, and hours spent punching numbers into a calculator? As an accountant who’s been in the game long enough to remember those days, it’s amazing to look back and see how far we’ve come. Back then, bookkeeping was a hands-on, paper-heavy process. Everything was recorded manually—every sale, […]
In an age where it’s estimated there are more mobile phones in the world than toothbrushes, it’s safe to say technology has become a dominant part of our lives. Some of it is amazing – life-changing even. Some of it? Not so much. But here at Oculus Group in Tweed Heads, we’re especially grateful for […]
The End of Financial Year (EOFY) rolls around fast, and it’s a key time for small business owners to get on top of tax planning, compliance, and strategy. At Oculus, we’re here to make sure EOFY is as stress-free as possible for our Gold Coast clients. Here’s a handy guide to help you prepare – […]
At Oculus, we specialise in Xero accounting software because we believe it offers the best cloud-based accounting solutions for businesses of all sizes. As a leading accounting firm on the Gold Coast, we have seen firsthand how Xero streamlines financial management, enhances efficiency, and simplifies compliance for our clients. But what exactly makes Xero stand […]
Running a small business comes with its fair share of challenges, from managing cash flow to ensuring compliance with tax regulations. Having a reliable accountant by your side can make all the difference. If you’re a small business owner in Tweed Heads or the surrounding areas, Oculus Group Accounts is the trusted partner you need […]
The Australian Government has released the 2025–2026 Federal Budget, focusing on easing cost-of-living pressures, supporting small businesses, and investing in critical infrastructure. Here’s a clear and simple breakdown of the key points. Cost of Living Relief One of the main priorities of this budget is to provide relief to Australian households struggling with rising expenses. […]
Keeping up with the latest updates in accounting software helps businesses manage their finances more efficiently. Xero, our preferred accounting software, has introduced several new features in January 2025 that aim to make invoicing, reporting, and inventory management easier for users. Improved Invoicing with Tracking Options Xero now lets you add new tracking options while […]
As a business owner or taxpayer, it’s essential to understand your tax obligations. Two key terms you may encounter are PAYG withholding and PAYG installments. While they might sound similar, they serve different purposes and affect different groups. Here’s a breakdown to help you navigate these systems confidently. What is PAYG Withholding? PAYG withholding is […]
As February rolls around, it’s a crucial time for businesses to focus on their financial obligations and plan ahead. This month marks the midpoint of the Australian financial year, making it the perfect time to review your financial position and prepare for upcoming deadlines. At Oculus Group, we’ve outlined the key areas to focus on […]
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