by Admin | Jan 21, 2020 | Blog, Tax
If you currently use an AUSkey to access the ATO business portal to lodge your BAS or access the Small Business Superannuation Clearing House, you will need to set up a myGovID by 31 March 2020. Your myGovID lets you prove who you are when using government online...
by Admin | Dec 2, 2019 | Blog, Tax, Your Business
A Senate committee is currently considering banning cash payments over $10,000 between individuals and businesses in a move to crack down on the Black Economy. Although there is resistance to the proposal the real issue for many businesses is that all cash payments...
by Admin | Nov 7, 2019 | Blog, Tax, Your Business
Now that Single Touch Payroll (STP) has been introduced, the Australian Taxation Office (ATO) wants to bring employers up to speed with their superannuation guarantee obligations. STP came into effect for small business with 19 employees or less on July 1 this year,...
by Admin | Oct 17, 2019 | Blog, Tax, Your Business
A special Australian Taxation Office reporting requirement once restricted to the building and construction industry has expanded in the past year, and that means more businesses need to take heed or risk potential penalties. In its efforts to create greater clarity...
by Admin | Jul 31, 2019 | Blog, Tax, Your Business
Positive cashflow is a sign that things are running smoothly in your business, but that can sometimes be tough for smaller businesses. Seasonal demands may require a heavy investment in extra staff and increased inventory during the year and that can lead to an...
by Admin | Jun 13, 2019 | Blog, Budget, Superannuation, Tax
Now is the time to prepare a budget and perform a break-even analysis for your business. Doing so will assist in setting targets and achieving your business goals. If you’re looking for some advice this end of financial year or would like to invest in our tax planning...