underpaying staff is a criminal offence

Underpaying your staff is now a criminal offence: What this means for your business

Paying your employees the correct amount is an important part of being an employer. To tighten up this process, the Australian Government has just introduced a new Voluntary Small Business Wage Compliance Code, that makes underpaying your employees a criminal … Read More

How the federal budget 2025-26 will affect your business

Federal Budget 2025-26: what it means for your small business

The Treasurer, Jim Chalmers, delivered the Federal Budget 2025 on Tuesday 25 March. With a general election scheduled for 2025, this Budget was an important one, setting out the Albanese Labor Government’s financial plans for the future path of Australia. … Read More

Paying Christmas bonuses and gifts to your staff

Christmas Festivities, Bonuses and gifts to staff – what you need to know

From Christmas cash bonuses to overtime payments, many employers make extra payments to their employees at the end of the year. As an employer, you should be aware of how these payments arerequired to be reported to the Australian Taxation … Read More

ATO approach to unpaid tax and superannuation

Understanding the ATO’s New Approach to Unpaid Tax and Superannuation

Understanding the ATO’s New Approach to Unpaid Tax and Super In recent months, the Australian Taxation Office (ATO) has made significant changes to how it handles unpaid tax and superannuation. This shift primarily targets businesses that refuse to engage with … Read More

keeping on top of tax and expenses

Keeping on top of tax and expenses when self-employed – some tips and tricks

Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and … Read More

a list of key tax dates for September and October 2024.

Key dates for September and October 2024

The new financial year is now already in full swing As a small business owner or manager, don’t forget the key compliance dates that are coming up in the next couple of months. KEY TAX DATES – SEPTEMBER/OCTOBER 2024 21 … Read More

Why you should move to cloud accounting

Why you should move to Cloud Accounting

If you’re managing a small business, the chances are that you’re using one of the current crop of cloud accounting platforms. Whether your chosen software is Xero, QuickBooks or MYOB, these online accounting tools are now the standard for business … Read More

Getting organised for next year

Getting your small business tax in order

With the 2023/24 financial year now wound up, it’s time to think about submitting your tax return and making sure you have the cash reserves put aside to pay the company’s tax bill. This short guide to getting your small … Read More

Your monthly activity statement (BAS) is due on the 21st

Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement day: Have you allocated all bank transactions to the correct accounts? Have you verified that the … Read More

your upcoming business tax dates for February

Your upcoming tax calendar for February and March

Welcome back to work after what was hopefully a restful and lovely summer break! And welcome to 2023, where we are truly looking forward to working with you and your business this year. In order for you to be across … Read More