As part of the expansion of Single Touch Payroll (known as STP Phase 2), from 1 January 2022, employers will need to report additional payroll information in their STP reports including: Separate...
2021 COVID-19 JobSaver and Micro-Business Grant changes
Monday September 20 2021
Changes to the 2021 COVID-19 Support Packages The 2021 COVI-19 packages continue to be available for those businesses that have suffered a reduction in turnover of at least 30% or those who do...
Changes to the way the Australian Tax Office Communicates
Friday September 17 2021
Checking the progress of your return and instalments. Over the last 12 months the ATO has been changing the way they communicate with both taxpayers and tax agents. Their focus has shifted so th...
Now 30 June has passed what does your business need to do next...
Friday July 02 2021
Now June 30 has passed, there are administrative matters that require your prompt attention. Year End Payroll Procedures Employers not yet enrolled with Single Touch Payroll will need to prepare PAYG...
Australian Federal Budget 2021 - Implications for Individuals
Thursday May 13 2021
The 2021 Australian Federal Budget included some measures which will assist individual taxpayers. The Budget is focused on continuing Economic recovery once again and some measures have been extended...
Australian Federal Budget 2021 - Business Implications
Thursday May 13 2021
The Treasurer presented the Australian Federal Budget for 2021 and as anticipated there are a number of announcements of particular interest for business owners. 1. Outright Deduction of Capital...
Estate Planning & Ensuring your Peace of Mind
Friday February 26 2021
Estate planning is a subject that we don't like to think about but in its simplest form it is just about ensuring peace of mind. It is about making sure that the investments you make now...
Top Seven Tips For Accurate Cash Flow Forecasting
Tuesday January 19 2021
As the new year gets underway do you want to know how your business will fare? Apply the following methods to improve your forecasting. Forecasting your company's cash flow helps minimise...
Its time to make the December 2020 Super Contribution - Don't risk being late
Friday January 15 2021
Your quarterly superannuation guarantee (SG) contribution lodgement and payment is due this month. Remember the payment must be made in time to reach your employees superannuation fund by the 28...
Are you getting together remotely this Xmas?
Tuesday December 08 2020
Usually by now we have our venues booked and menus sorted for the end of year staff gathering, or even have had it already! But this year many businesses are having to gather remotely instead. ...