$1200 rebate for Victorian businesses and Reckon accounting software

Reckon are pleased to announce that Reckon has partnered with the Victorian Government’s Small Business Adaptation program to support small businesses to succeed with digital solutions. Comprising a $20 million investment, the government is providing a $1,200 rebate to eligible Victorian businesses that will cover the cost of their Reckon subscription. Who is eligible for […]

Super Choice

Get ready to provide employees super choice Recent amendments to the law will give more Australians the opportunity to choose their own superannuation fund – preventing them from being locked into a specific super fund under the terms of an enterprise bargaining agreement. New workplace determinations and enterprise agreements made on or after 1 January 2021 […]

Superannuation Amnesty ends 7th September 2020

The superannuation guarantee (SG) amnesty is your chance to catch up on unpaid super without incurring penalties or paying administration fees. This is your last chance to apply for the amnesty as it ends on 7 September 2020. Once you’ve applied, the ATO will advise you within 14 days which quarters are eligible for the amnesty. […]

FTC – Fuel Tax Credits – no change to rates August 3rd

There was no increase to fuel tax credit rates on 3 August. You can continue to use the current rates to calculate your claim on your business activity statement (BAS).  When working out your fuel tax credits: Check how your fuel is used. Check you’re using the right rate. Use the ATO fuel tax credit calculator […]

JobKeeper payment scheme changes

The Government has extended the JobKeeper Payment scheme. Changes from the 14th of August 2020 mean: More employees can qualify The eligibility criteria for your employees depends on the JobKeeper fortnight. From 3 August 2020, you may be able to nominate new employees as eligible employees for the JobKeeper scheme. These new employees must have been employed […]

Fishbowl – The supply chain in business

Every business has a supply chain which is a network between a business and its suppliers to produce and distribute a specific product or service. The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. Keeping the supply chain working smoothly can be a complex task in even the smallest of businesses. […]