The expansion of STP also referred to as STP Phase 2 (Single Touch Payroll) will be mandatory January 1st 2022. So what does this mean for employers? In short, there’s not a lot that needs to be done right now. The ATO are working with software providers who will update their STP-enabled software to comply […]
From July 1st 2021 superannuation guarantee increases to 10%. This will be followed by incremental half percentage point increases each year to 12 per cent on 1 July 2025. Employers need to be aware and start planning immediately. This change will impact their employee remuneration arrangements from 1 July 2021 and there will need to […]
Year end is looming. Be prepared as you can to avoid the year end blues.
The freshly updated QuickBooks Cash Flow lets you see how your business is doing in real time and gives you the details you need to manage your cash flow and make smarter business decisions. Cash flow explained and the importance of cash flow predictions Cash flow is the inflow and outflow of $ from a business. Cash […]
It’s a new year – so why not a new you! How’s the start of 2021 been for you? Did you return to work from holidays relaxed and rested only to be stressed and exhausted again already? If this sounds like you, it’s not too late to set some new years resolutions and work towards […]
The JobMaker Hiring Credit scheme is an incentive for businesses to employ additional young job seekers aged 16–35 years.Eligible employers can access the JobMaker Hiring Credit for each eligible additional employee they hire between 7 October 2020 and 6 October 2021. Click here to view a short video here that explains the scheme. Key points:Eligible employers:1.) will be […]
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