Business

stp family (1)

How to hire and pay family members

February 24, 2021 | Business “Small and family businesses are the engine room of our economy” – Scott Morrison has been repeating this statement over the last year during the pandemic. There are a number of measures in place to support these businesses. One of them is to postpone the Single Touch Payroll (STP) reporting…

Subscriptions Overload (1)

5 ways to stay on top of software subscription expenses

February 17, 2021 | Business Almost all the software available for businesses is now subscription based. And although most of them seem to be affordable individually, you can easily accumulate a large monthly expense.   1. Review and analyse what you are paying now Studies have shown that on average 89% of people are paying…

4 Vital business expenses worth reviewing (1)

4 Vital business expenses worth reviewing

February 17, 2021 | Business It is hard to know whether you are using the best products and services for your business. Business owners’ top priority is to get bang for their buck, and without proper guidance, this can be difficult to achieve. This article details 4 expenses you should review, and determine whether something…

Extremely competitive Round 3 of the Community Childcare Fund is now open (1)

Extremely competitive Round 3 of the Community Childcare Fund is now open!

January 20, 2021 | Business There is up to $117.4 million available under this grant opportunity. The purpose of these grants is to support services in disadvantaged and vulnerable communities. Funding will be available under three elements: sustainability, community, and capital. Eligible applicants can submit one application for each of the elements and services funded…

4 Costly legal obligations that some employers are unaware of (1)

4 Costly legal obligations some employers don’t know about

January 13, 2021 | Business With the new year underway, now is the time to take the courageous step of hiring the employee your business needs. You must ensure that your legal obligations are met, as the consequences can be brutal if they aren’t. This article summarises a few key obligations which must be met…

5 Crucial reasons to change accountants in the new year (1)

5 Crucial reasons to change accountants in the new year

January 6, 2021 | Business A lot of business owners are not happy with their current accountant, however, they don’t make the choice to change. Why? It has been proven that sometimes people prefer to accept poor quality of something they know, as opposed to going out in the realm of the unknown and finding…

3 reasons better insight is vital for your business

3 reasons better insight is vital for your business

November 2, 2020 | Business Every organization has leaders that set the direction of the business and provide guidance for both its employees and business growth. But how do they effectively and efficiently execute the process in doing so? Where do they start? Whom should they reach out to get fresh insights? The answer lies…

Should I run multiple businesses out of one company (1)

Should I run multiple businesses out of one company?

October 20, 2020 | Business When setting up a company, you might be thinking to yourself, can I run multiple businesses through this? The answer you’re looking for is yes, however it does come with a few things to consider.   What is Corporate Personality? Corporate personality means that a company is considered as a…

Federal Budget 2020 (1)

2021 federal budget highlights

October 7, 2020 | Accounting, Business, Tax Last night, the Federal Government unveiled its 2020/21 Budget on what they called a paved road to recovery. A recovery highly focused on creating jobs, jobs, and more jobs. We have all heard about JobKeeper and JobSeeker decreasing and eventually fading out in March 2021, but where will…

high court decision (1)

Important information about changes to accrual of personal/carer’s leave.

August 26, 2020 | Business The High Court has handed down a decision on August 13th which clarifies how paid personal/carer’s leave is accrued for part time and full time staff. The changes brought about by this case are essential for business owners to understand, so we’ve created this guide to assist.    So, what did the High Court decide?    The High Court’s…