May 11, 2022 | Directorships, Employers, Small Business
The thought of stepping away from your business for an extended period can be daunting, but it is important to make sure that you are prepared. Your systems should cope well enough in case something happens unexpectedly – whether this means sudden accidents or...
Apr 8, 2022 | COVID-19, Employers, Federal Budget 2022, Self Managed Super Funds, Single Touch Payroll, Small Business, Superannuation, Taxation
The Morrison Government’s 2022 Federal Budget was handed down on 29 March 2022 by Treasurer, Josh Freydenberg. Unemployment is down at its lowest in almost 50 years however inflation is on the rise due to factors such as the Pandemic and the war on the Ukraine,...
Nov 26, 2021 | Employers, Superannuation
If you are recruiting new employees you need to know about some changes. When a business hires a new employee, the Choice of Fund form is used to identify where the employee wants their superannuation to be directed. If the employee does not identify a fund, generally...
Jul 30, 2021 | COVID-19, Employers, Taxation
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. If you are claiming your...
May 24, 2021 | Employers, Taxation
Need a new van to deliver more orders? New machinery to ramp up production? Purchase the tools for the new apprentice? Or maybe new computers to keep up with technology? As we approach the end of financial year, there is still time to benefit from the Australian...
Mar 12, 2021 | Employers, Single Touch Payroll
Background Single Touch Payroll (STP) was introduced by the Australian Taxation Office (ATO) requiring employers to report their payroll data in real time based on their payroll frequency. It replaced the previous system of issuing PAYG Payment Summaries to employees...
