Blog
It’s Nearly Time to Finalise STP
It’s nearly time to make a finalisation declaration for Single Touch Payroll. There is no need to issue payment summaries (some people still know them as Group Certificates) to employees...
Why You Should Check Supplier ABNs
Are you in the habit of checking your suppliers’ Australian Business Numbers? When you make business purchases, you should receive a valid tax invoice from the supplier to prove that...
Superannuation eligibility changes could impact your payroll
In addition to planning for the expected statutory super rate rise to 10.5%, some employers need to prepare for a significant change from July 2022. Removal of the $450 Monthly...
Super Guarantee Changes – Don’t get caught out
The superannuation guarantee statutory rate remained at 9.5% from July 2014 to June 2021. However, plans have been in place for some years now, to increase the rate to 12%...
Coping with the skyrocketing cost of living
Whether it’s refilling your petrol tank or paying at the supermarket checkout, the higher cost of living is hitting every household hard. Across the world, everyday essentials are surging in...
Help Customers Give You Money – Direct Debits and Online Payments
Do you have direct debits and online payments set up for your business? Making it easy for your customers to pay you is vital to business success. Getting direct debits...
New Family Trust Tax Rules – Will the Changes Impact You?
If your trust pays adult-child beneficiaries, then you’ll need to know how the new ATO tax guidance rules could alter your beneficiary arrangements. The proposed changes won't affect every small...
Keeping an Eye on Cash Flow
Projecting your cashflow pipeline forwards during a crisis is vital. To be able to navigate the future path of your cashflow, you need to start forecasting. You start by mapping...
Managing projects in a remote team
We’re living in a world where remote and hybrid working are now the norm. Driven by lockdowns and the pandemic, businesses have been forced to adopt a ‘working from home’...
How Cost of Goods Sold Impact Your Profit
Do you know how much it costs you to produce each product or service in your range? The better you can understand this cost of sales – or cost of...