Setting goals for your business is an important step in making sure it thrives. While some people might think this is a simple task, it can be more complicated than you may think. We aim to...
Electronic Signing is here to stay
Monday December 13 2021
During the COVID Lockdowns temporary electronic signing regulations were introduced and after several extensions were due to lapse on 31 March 2022. The pandemic has changed the way we do things and...
Strong Identity Strength released for MyGovID
Monday October 25 2021
The MyGovID App has recently been updated to provide the option for individuals to set up a 'Strong' identity strength that includes face verification. Setting up a strong identity strength will...
Expansion of Single Touch Payroll
Friday October 15 2021
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 - 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...
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...