Established in 2006, Xero is the New Zealand accounting software that has taken the Australian small business market by storm. Loved faithfully by its users it is a modern cloud software that has knocked off the long standing competitors such as quickbooks and MYOB.
With tax time just around the corner it is a good timing to review your GST status. There are some common GST slip ups that you need to be aware of.
1. Make sure you are actually in business!