With the coronavirus (COVID-19) outbreak across the world, Australia are implementing restrictions which are having a heavy impact on our local businesses. The World Health Organization has announced that COVID-19 is a pandemic. In response to this the Australian Government has just unveiled their economic response to the Coronavirus. We are here to support localContinue reading “Coronavirus Business Relief”
What does sale and success mean to you? Does it mean the same thing?? We believe businesses need to move past the idea that sales and success are the same thing, it is a misconception that sales are the best indicator of success in business. Sales demonstrate the demand for the product or service, itContinue reading “Sales & Success”
Your Answers To Single Touch Payroll What is Single Touch Payroll? The ATO requires employers to report salaries and wages, PAYG withholding and superannuation to the ATO each time they pay their employees. This is compulsory for all employers. What is the new legislation? Previously it was compulsory for businesses with 20 or more employeesContinue reading “Single Touch Payroll FAQ”
7 reasons why your business needs a bookkeeper FOR A BUSINESS OWNER, IT CAN BECOME A DAUNTING TASK TO PERFORM BOOKKEEPING DUTIES WHILE STILL MANAGING THE DAILY RUNNING OF THE BUSINESS. THIS IS WHY HIRING A DEDICATED BOOKKEEPER IS RECOMMENDED FOR YOUR BUSINESS. ARE YOU WONDERING WHAT A BOOKKEEPER IS/ DOES?
All employers must participate! All other employers Must be reporting or granted a deferral before 30 September 2019 Transition year until 30 June 2020 ATO Approach is that no penalties will apply in the first year Micro (1-4 employees) and disconnected employer concessions The law still applies requiring you to enter STP by 30 SeptemberContinue reading “Single Touch Payroll”