News & Updates
Keeping up to date with the latest news, efficiencies, ideas and compliance requirements can take time.
We have summarised some news and updates below to help you keep up to date.
Employee or Contractor – What’s the Difference?
According to the ATO, if you hire a worker you must check if they are an employee or contractor. Why does it matter? If you get it wrong, penalties and charges may apply.
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Superannuation Guarantee Amnesty!
The Government yesterday announced a Superannuation Guarantee amnesty! The once-off, 12 month amnesty will set aside employer penalties for late payment of SG that are normally owed to the ATO, with employers only needing to pay all Superannuation Guarantee that is...
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Cash Flow Forecast – A Vital Part of your Business Planning
Because cash is the cornerstone of business, planning your cash flow is vital. Studies suggest that the failure to plan cash flow is one of the leading causes of small business failure.
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Feeling time poor? Automation of your financial data management could help you
One of the modern-day problems that most people – and especially business owners – identify is lack of time in the day!
To this end, challenge yourself to take a look at your average work day and make a list of the things you do that are capable of being automated or better streamlined through the use of technology.
Single Touch Payroll is coming … Is your organisation ready for the new requirements?
Are you ready for Single Touch Payroll? Having now passed the 1st of April milestone for employee headcounts, we are now into the final quarter for the 2018 financial year and well on our way towards the first Single Touch Payroll (STP) reporting deadline....
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