Important Information for Business Owners With the New Financial Year having started on 1st July 2022, there are new and updated changes and obligations for employers. Please see below a comprehensive list business owners can consider and discuss with their…
The Taxable Payments Annual Report Lodgement Due Date – 28th August Annually The Taxable Payments Annual Report (TPAR) must be lodged by 28th August each year. If your business makes payments to contractors you may need to report these payments in a…
REMINDER: Super Changes From July 1 2023 Important changes to SG Super to be aware of from 1 July 2023 Superannuation Increase to 11% From 1 July 2023 the Superannuation Guarantee increases from 10.5% to 11%. Employers will need to…
Understanding RAM, Access Manager & the difference between Online Services for Agents & Online Services for Business There is some confusion about RAM and Access Manager in relation to the Online Service for Agent and Online Services for Business (OSFB).…
Employee or Independent Contractor? Written by: Institute or Certified Bookkeepers The recent High Court’s approach provides greater certainty for businesses who have properly recorded their independent contractor relationships in written contracts that accurately reflect the nature of the relationship. If…
HOW QUICKLY DOES LARGE BUSINESS PAY SMALL BUSINESS? The Payment Times Reports Register shows information on payments from large businesses, and other reporting entities, to their small business suppliers. Under the scheme, large businesses and certain government enterprises must report…
SME LOAN RECOVERY SCHEME EXTENDED TO JUNE 2022 The SME Loan Recovery Scheme has been extended for another six months It was due to expire at the end of December 2021. The extension means loans under the scheme will remain…
GO LOCAL FIRST Is All About Supporting Local Small Business Small businesses provide local communities with vitality – they’re the lifeblood of our communities. Many local kids have their first job in a small local business, whether it’s a local restaurant,…
The Vital Role Bookkeepers Play in Helping Business Bookkeeping plays a vital role in small business operations, but how much business owners know about the profession? What do Bookkeepers do, and what are some of the benefits of bookkeeping? Bookkeeping…