Take the guesswork out of your calculations. The new Net to Gross Calculator means no more manual data entry, just faster and accurate calculations. The purpose of the Net to Gross Calculator is to automatically calculate what the equivalent gross amount should be based off a desired net amount. This calculation looks at an employee’s pay frequency, […]
Single Touch Payroll Factsheet for Employees The way employers report tax and super information to the ATO is changing gradually from 1 July 2018. You dont need to worry and you will continue to be paid the same way. It just means your employer will be sending the ATO your tax and super information each […]
Year end is a good time to check your business is compliant in the area of key workplace issues like hiring, minimum wages and keeping accurate records. The Fair Work Ombudsman’s (FWO) new Small Business Showcase is a virtual hub containing a wealth of tools and resources to help you meet your workplace responsibilities. It […]
Fuel tax credit rates increased on 5 February 2018 (not 1 February as in previous years) in line with fuel excise indexation. Fuel tax credit rates change regularly so make sure you use the correct rates each time you lodge your business activity statement (BAS). You can watch the recording of the ATO’s recent webinar […]
The taxable payments reporting system (TPAR) will by extended from those in the building and construction industry to contractors in the courier and cleaning industries from 1 July 2018 if the proposed law below is enacted by parliament. On 7 February 2018, the Treasury Laws Amendment (Black Economy Taskforce Measures No.1) Bill 2018 was introduced […]
Introducing Projects – Project based Billing Imagine you have just completed a job or project and want to take a look at how profitable it was. Till now there was no easy way to connect those two invoices, three expenses, and two timesheets that made up your last project. QuickBooks Online have now launched QuickBooks […]