Are your payroll records audit-ready? The Fair Work Ombudsman is conducting surprise inspections across Australia, targeting small businesses to ensure proper record-keeping. Missing or inaccurate records could lead to hefty fines—even if unintentional. This blog breaks down what you need to keep, how long to keep it, and why a good bookkeeper is your best defence against compliance issues.

There are many expenses common to most small businesses, and there are other expenses that are specific to the nature of the goods or...