by Marketing | Jul 2, 2021 | Directors, Employment, JobKeepr, Single Touch Payroll, Sole Trader, Uncategorized
The ATO recently issued a warning to JobKeeeper recipients about declaring it in their 2021 tax returns. Whether you include JobKeeper directly will depend on how your business was structured: SOLE TRADERS – Sole traders received JobKeeper directly from the...
by Marketing | Mar 30, 2021 | Busienss Strategies, Business Startup, JobKeepr, JobSeeker, Single Touch Payroll, Tradies
Employment & the Economic Environment Employing team members has always been challenging. It is becoming increasingly so as every year passes. The Global Financial Crisis (GFC) in 2007-09 triggered an increase in labor supply for several years and was a rare...
by Marketing | Mar 26, 2020 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Business Structures, Company Setup, Employment, Income Tax - Business, Income Tax - Individuals, Shelf Company, Single Touch Payroll, Tax Saving Strategy, Tradies, Trust Setup
SMALL BUSINESSES NEED TO GET READY Stimulus Measures The Australian Government’s economic response to the COVID-19 crisis is a two-pronged approach. Cash Flow Boost JobKeeper/JobSeeker How do They Work We have been busy answering inquiries and calculating...
by Marketing | Mar 25, 2020 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Employment, Income Tax - Business, Single Touch Payroll, Stimulus Package 1, Stimulus Package 2
Stimulus 1 and Stimulus 2 Stimulus 2 has just been announced and contains multiple components. Stimulus 2 modifies Stimulus 1. Several fact sheets are available from various government sites that help explain the package’s different components. Boosting Cash...
by Marketing | Dec 10, 2019 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Company Setup, Employment, Income Tax - Business, Payroll, Single Touch Payroll
Single Touch Payroll (STP) was introduced on 1 July 2019 and has changed where every employer will be required to use the system. If you are still using a manual system to pay your staff, you will need to change soon. Recent legislative changes now remove the need for...
by Marketing | Jan 19, 2019 | BAS Bookkeeping, Employment, Payroll, Single Touch Payroll
From 1 July 2019, all employers who pay wages, withhold tax from wages and or contractors, make super contributions or pay fringe benefits will be required to report to the ATO under the Singe Touch Payroll (STP) system. Benefits: 1. Employers will no longer be...
