Blogs, Podcasts
& News
Single Touch Payroll
Single Touch Payroll (STP) is here and it is a new way of reporting tax and superannuation information. STP came into effect for companies that employ 20 plus on 1st July 2018. All other businesses
ATO Credit Reporting – Do you have a debt?
The Government plans to introduce measures to allow the Australian Taxation Office (ATO) to disclose tax debt information of businesses to Credit Reporting Agencies. The measure will commence from the date of Royal Assent and
Why we insist payroll is done right!
Breaking News: Payroll Manager fined $7,000 for underpayments A payroll manager has for the first time been held liable for worker underpayments after a Federal Circuit Court issued $143,000 in fines against a Japanese fast-food company
When is the right time to consider the business structure that your business operates under?
Before I answer this question let’s consider the various structures through which a business can be operated Sole trader: This is the simplest structure and has the lowest set up and administration costs. However you are
The Hidden Costs of Employment
There are many costs associated with employing people. Undertaking a detailed review of these costs, whether for your own business or for a client, is often an eye opener. Let’s have a look at some
The Never Ending Struggle with Superannuation
I recently attended a dinner where the speaker delivered a 15 minute talk on the rules around superannuation; he had a few tips and talked about the requirements for employers to ensure they were complying
How to survive and thrive in your first three years
Maintaining a healthy cash flow and getting regular financial check-ups are sure-fire steps towards helping your business grow and prosper. A common reason for the inability to save a company in financial distress is that
Time to stop hiding if you haven’t paid Super for your employees
The ATO have released a new message to advise they have doubled the number of SG non-compliance cases and has been testing a new analytic model for identifying employers with an increased likelihood of non-compliance.