Superstream Compliance Update
ATO and SuperStream Compliance The Australian Taxation Office has extended the SuperStream compliance deadline from 30th June to 28th October 2016 for small businesses. To recap, SuperStream is electronic payments for super that pay many funds in one transaction. All that is needed from your employee is: Tax file number Employees super fund ABN Unique…
Read MoreFringe Benefits Tax and Employment
Employees and Fringe Benefits Tax Small business owners should consider carefully fringe benefits tax and casual employees. Rostering on casual labour is a fantastic way to ensure full staff coverage for important events or busy times. Each year the holiday period for businesses is a busy time, one where extra staff is crucial. Employing…
Read MoreWhat You Need To Know About Super In 2016
Super in 2016 As from 1st July 2016, all employers must be “SuperStream” compliant – a government initiative to streamline superannuation payments and reporting. What does SuperStream mean for you? This means that employers need to pay super and send contribution information electronically. There are a number of options available for employers to be able…
Read MoreAsset Protection Can Save You Thousands Of Dollars
Are your business assets protected? As you know, asset protection for business is as important as managing them and protecting your future is just as important. If not more so, especially whilst building for your future. There are many ways to minimise your risk whilst reaping…
Read MoreKeep Customers Happy And Have Extra Money In Your Pocket
Small business outsourcing Can you afford not to outsource some of your small business activities? Have you aligned your products and services to the way customers are now buying? With the introduction of the web and its ever changing landscape customers now expect products and services to be aligned to them and their needs. …
Read MoreHow To Prepare For Your Tax Return In 2017
Will you be ready at tax time? Prepare for your income tax return! Over 12 million Australians lodge tax returns each year. According to the Australian taxation office (ATO), on average, over 350,000 people per year are contacted to correct errors. These errors range anywhere from exclusion of secondary job income to bank interest received.…
Read MoreNatural Disasters And Your Finances
Small business and natural disaster preparation Small business and natural disaster preparation is something that should be in your business planning. Generally, our office houses all our important documents right down to our children’s first teeth. All easily accessible at any time we may need those records. What would happen though if disaster struck…
Read More10 Tips To Starting A Small Business
Thinking of starting a small business? Before you even consider these 10 tips to starting a small business. The absolute most important thing to do is stay calm and neutral. It’s very easy to get carried away by excitement and ignore the in your face warning signs that something isn’t right. With close to half…
Read MoreShould You Buy A Holiday Home?
Buying a Holiday Home So, you loved the holiday, the location, watching the kids run free, uninhibited of mobile devices, the relaxed atmosphere was amazing and now you’re thinking about buying a holiday home. ‘What if we buy one’. ‘We can have this all year round, worry free’. Does this sound like you? If…
Read MoreFlow Charts Budgets And Staff
What does a Flow chart do for your business? Flow charts in business are a great tool for providing an overall picture of the separate steps involved in a sequential order. Elements of the flowchart can include, sales processing, order fulfilment, shipping, sequences of actions, inputs and outputs of services and materials, decisions to be…
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