Running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that mount up. These expenses will
The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees.
Do you know the rules around when to offer casual employees a permanent position? We can help with payroll management and assessing worker classifications.
The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities.
Your June quarter activity statement is due soon. Are you ready? We can help prepare your BAS or review your business accounting systems to make your activity statement lodgement easy, accurate and efficient. #businesssystems #smallbiz
It’s tax time again – what can you claim to reduce your tax? Please take just 2 minutes to read this blog article. We’ll explain:
We believe having a budget is essential for business success. Talk to us about creating a useful budget in your accounting software as a practical business management tool. We’d love to help you start planning for a great 2021 financial year!
As businesses emerge from Covid-19 restrictions, for many ‘Business as Usual’ has become ‘Business Unusual’. So, how do we navigate our way towards a sustainable
As adults we try to teach our children the things that took us many years to learn. One of the new buzzwords in schools at
Although your tax return is not due for a few months yet, the end of the financial year is nearing…have you captured all your work-related
The Fringe Benefits Tax (FBT) year ended on 31 March. We’ve outlined the hot spots for employers and employees. FBT updates and problem areas Car
From 1 July 2018 if you have a total superannuation balance of less than $500,000 on 30 June of the previous financial year, you may be entitled
Businesses will be able to access the boosted $150,000 instant asset write-off scheme for a further six months to the end of the year. By
It’s not exactly business as usual right now, but sorting your business records now allows you to get your tax return completed earlier, access refunds or start planning for payments. Talk to us about proactive planning for the coming year.
Inside this month:
• The ATO’s JobKeeper audit targets
• Have casual workers been granted annual leave?
• The 1 July company tax rate reduction
• What’s changing on 1 July?
To qualify, an employer must demonstrate that its GST turnover has fallen by the following percentage compared to the same comparison period in 2019: 30%
70% of change projects within a business fail. And the biggest factor for success is employee engagement. Get the team onboard. #changemanagement
You may have seen in recent media reports that the Job Keeper payment for 16 and 17 year olds has been altered. For this group,
Preparing for your store’s re-opening should be done sooner rather than later. Here’s a handy post-coronavirus checklist of actions to implement when you reopen your business.
Need help with cash flow or emergency funding? We’ll help you crunch the cashflow numbers and access the best funding – removing some of the worry, during these testing times. #SmallBusiness
If you are lodging your own fringe benefits tax (FBT) return, you need to lodge and pay by the 21st of May. If we are
Uncertain about the impact of #COVID-19 on your business? Come and talk to us. We’ll help to remove some of the uncertainty with a strategy that prepares you for a post-coronavirus market. #businessadvice #SmallBusiness
Keeping everything running is the priority for now. Regular cashflow forecasts will help you make informed decisions. Talk to us about setting up a forcecast for your business.
Detecting early signs of conflict is important because negative emotions can spread quickly and can become toxic. Start the conversation now to develop healthy conflict resolution strategies.
Late on Friday April 10, explanatory materials were released in relation to the JobKeeper payment that has now been passed into law. The explanatory material
Review your superannuation reports now for your quarterly superannuation guarantee contribution, which is due soon. We can help with your super set-up and prepare the SG contribution and SuperStream lodgement. #tax #smallbusiness
On 31 March 2020, the Fringe Benefits Tax (FBT) year ended. With the ever increasing budget deficits, the ATO will be reviewing whether all employers
Over the weekend, more relief was announced for business including: 1. Deferral of Loan Repayments A little over a week ago, the Australian Banking Association announced
If you have a home office for your business, you should be able to claim some of the costs involved in maintaining, owning and using
As we navigate through these unprecedented times, I’m mindful of the balance I must achieve between supporting our many clients and looking after our employees’