Do you understand your ‘why’? Does your team understand it? How about your customers? Your ‘why’ is why your business exists for your customers (and it’s not to make a profit!). Your…
Employers should now know of the Single Touch Payroll Phase 2 reporting requirements. While some accounting and payroll software already meets the ATO’s reporting requirements, some software providers have deferrals in place…
Does your business buy products and services from overseas suppliers? If so, you may be charged GST – but not always! Overseas businesses must register for GST in Australia if…
Earlier this year, .au domain names were released for Australian websites and email addresses. This gives you the option of using a shorter and simpler domain name. For existing business…
Using public WiFi in cafes, hotels and coffee shops is something we all do. It’s convenient and gives you the benefits of working online wherever you happen to be. But…
It’s tax time again – Are you making the most of your allowable tax deductions? Tax Deductions According to the Australian Taxation Office (ATO) website, there are 4 things…
From 1 July 2022, there are several changes to superannuation laws that you may be able to take advantage of. Changes to voluntary contributions If you are aged between 67…
High inflation is hitting businesses and households hard in 2022. Across the world, inflation is running high, thanks to factors like pandemic disruptions, monetary stimulus and supply-chain issues. You’ll see…
It’s nearly time to make a finalisation declaration for Single Touch Payroll. There is no need to issue payment summaries to employees you have reported through STP. Employers must complete…
The Fair Work Commission has this week handed down their decision in relation to minimum wage increases. From 1 July 2022, wages will increase as follows: Min wage for award-free…