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Why “Paying on Time” might actually be late The deadline for Quarterly Super Guarantee contributions is the 28th of the following month. But here’s the catch: the ATO considers super “paid” only when it is received by the fund, not when it leaves your bank account. If you use a clearing house, it can take […]

Why this month is the ultimate test for Australian Small Businesses At Business Genie, we believe that clarity is the best antidote to stress. Here is the breakdown of the major milestones hitting your desk this month: 21 February: This is the line in the sand for monthly lodgers. Your January BAS, IAS, and PAYG […]

What happens if you use someone else’s ABN, whether by mistake or on purpose? The short answer: it’s a serious offence that can lead to hefty fines, ATO investigations, or even criminal charges. Here’s what you need to know to stay compliant and protect yourself.   Why It’s a Serious Issue An ABN identifies who […]

If you’re planning to partner with someone, purchase a business, or simply confirm who owns a trading name, here’s everything you need to know.   What Is the Business Name Holder – Persons Search? The Business Name Holder – Persons Search is a public ASIC search designed to reveal which business names are held by […]

Using ASIC’s Check Name Availability search, you can quickly verify whether your proposed company name is identical or too similar to an existing one on the register. This simple search helps you avoid rejection, delays, and costly rebranding mistakes.   What Is the Check Name Availability Search? The Check Name Availability tool allows you to […]

Here’s a simple guide to understanding what information you can access for free, what requires payment, and when to use third-party information brokers. What Is the Organisation and Business Names Search? ASIC’s Organisation and Business Names Search provides access to key information recorded across its registers. It’s one of the most reliable resources for conducting […]

Here’s how to start the year with confidence and clarity. 1. Review Last Year’s Performance Before planning ahead, take a moment to look back. A simple review can reveal powerful insights that shape smarter decisions. Ask yourself: • What worked well last year? • What processes or habits need improving? • Which clients, services, or […]

Here are simple, practical tips to help you stay on top of your books this Christmas.    Create a “Christmas” Expense Category The festive season comes with unique costs: staff parties, client gifts, decorations, events, and end-of-year promotions. Create a separate category in your accounting software (Xero, MYOB, or QuickBooks). This makes it easier to:  […]

Whether you’re planning a staff Christmas party, preparing client gifts, or trying to avoid the dreaded January cash-flow crunch, here are practical, ATO-aligned tips to help you celebrate smartly.    Plan Ahead for Holiday Cash Flow December is a unique month for business. Sales may rise, but so do costs followed by a slow and […]