The Academy

We’re bringing some clarity to two of the most confusing things for business owners: tax returns and expenses. Make sure you’re not missing claimable expenses with BOM!

Get the inside scoop on the 3 ways to claim home office expenses for your business and you could just learn to love tax time. Maybe.

“Just bang it on the business”. A phrase you might have heard more than once, usually said by your non-business-owning friends whenever it’s time to pay for the beers, treat yourself to a laptop upgrade, or even when you’re eyeing up a new car.

Payday rocks. Payday kicks ass. Payday is the saviour of all you savvy business owners out there; the glistening, shiny pot of gold at the end of a surprisingly bumpy rainbow. But just very quietly so the big dogs can’t hear you - what actually is the best way to pay yourself as a small business owner?

Someone call Elon Musk, because accounting just got a whole lot more interesting. And by interesting, we mean the Artificial Intelligence, robots, machine learning, take-over-the-planet kind of interesting.

It’s time to dig a little deeper into the Bookkeeping vs Accounting enigma. What do we really know? Aren’t they kind of, exactly the same thing? They’re both essential business functions monitoring financial transactions. They both deal with financial data. They both involve basic accounting understanding. So what gives?