October-December 2025 super contributions must be received (by fund) by 28th January for all employees – including working directors and some contractors, regardless if you pay monthly or quarterly.
Late payments of superannuation are not tax deductible and attract interest, fines & additional paperwork.
Directors also become personally liable for the debt.
Authorise payments from Xero no later than 2pm on Friday 16th January.
Don’t forget to arrange payment of your November IAS before you turn your out of office reply on.
It’s due Monday at the latest.
Thinking about rewarding staff with a bonus?💰💰💰
Ask us to help you with calculations.
– If you fail to withhold tax or report the payment (STP), the bonus becomes non-compliant (no tax deduction for you!)
– Superannuation is likely to apply to the bonus amount
– Schedule 5 tax scale must be used for PAYG withholding
We will calculate the total cost to you and the net amount the employee receives to avoid budget surprises.
The team has been perfecting our moves (and our accounts) all year, and we’re ready to cheer you into the New Year!
We’ll be bringing out the oranges for half time at 11:30 Friday 19th December and we’ll be back on the court, ready for the next quarter, at
9am on Monday 12th January.
Wishing you and your family a fantastic Christmas and Happy Holidays.
Even though we might be resting our whistles during our festive closure, for any urgent bookkeeping plays, we are still ‘here if you need.’
Thank you for a great year – let’s go 2026!
From Nicole, Monika and Katherine
📣🎁🏐🎅🏻🏐🎄🏐🎁📣
This App Day, we are focusing on 3 apps that form the foundations for your accounts department – its about getting paid faster & planning your cash position and ditching paperwork.
If you’re not connecting apps to your accounting system, you are essentially asking your team (and your customers!) to do extra work—and potentially introducing costly errors.
As Xero’s own data has shown, businesses using connected apps grow revenue faster. The reason is simple: Apps save you time, minimise costly errors, and give you powerful clarity.
Ready to explore the 1000+ possibilities in the Xero app marketplace and find your next quick win?
What do you need to know about processing wages for annual leave over the Christmas break?
We’ve googled the important info for you.
Fairwork says:
Holiday pay (annual leave) allows an employee to be paid while having time off work.
Full-time and part-time employees get 4 weeks of annual leave every year. Casual employees don’t get paid time off, but can ask their employer about taking unpaid leave for holidays.
When a public holiday falls on a full-time or part-time employee’s usual work day, employers need to pay them their minimum pay rate for their usual hours.
Are you planning to host celebrations or play Santa with gifts for your staff and/or business associates?
Watch out for the Fringe Benefits Tax (FBT) grinch ruining the fun for everyone!
Speak to your accountant BEFORE Santa leaves a lump of coal in your stocking.
We are in the home stretch for 2025!
There are a few key dates this month – make sure you get everything done before the summer holidays!
July-September BAS needs to be lodged and paid today!
If you don’t have the funds in your account – lodge ASAP to avoid fines ($330 – $1650) and make a payment plan.
If we are waiting for you, pull the finger!
