Learn about TPAR and if it’s applicable to your business What is TPAR? TPAR reporting was developed by the Australian Taxation Office to prevent contractors from either not reporting or underreporting their income. Businesses and government entities who make payments to contractors may need to report these payments and lodge a Taxable payments annual report (TPAR) to […]
Cybercrime in a small business can have devastating impacts. It’s important to be aware of what cybercrime is and what you can do to protect your business. Unfortunately cyber security incidents happen every day on individuals, small business & large companies. Most business owners are busy….too busy and lacking the resources to dedicate to cyber […]
Practice Protect Security Blog Supplied by Bizink It’s no secret that data loss can be a costly nightmare for a small business, with recent estimates citing the total cost of data breaches exceeding $2.1 trillion by 2019. Unfortunately, cyber attackers increasingly target small businesses because they are less likely to have security protection in place. […]
The next stage of Single Touch Payroll (STP) journey is coming soon in Xero. The rollout will kick off in three stages. Stage one is rolling out from late August. Stage one – starting from late August: The first part of this process is transitioning your new and existing employee profiles to be STP Phase […]
It’s no secret that data loss can be a costly nightmare for a small business. Unfortunately, cyber attackers increasingly target small businesses with cyber attack because they are less likely to have security protection in place. Accidental loss or loss due to a natural disaster can be just as harmful to a business, with recovery […]
Those of you whom employ staff need to be ready for Single Touch Payroll (STP) Phase 2 reporting, which starts from 1 January 2022. New guidelines explaining the changes and what they mean for employers are now available. STP Phase 2 reporting means changes to the way employers report: amounts paid to staff – items such […]