Working from home is now kinda normal, but as an employer what do you need to be aware of?
What are you responsible for? How do you protect your team? What support or equipment might they need?
Your responsibilities to protect your team still apply, even if you can’t see them.
See what Safe Work Australia says you need to be aware of.
How much fun is owing a small business??!
Sometimes small business owners forget they are not the company – it is a separate entity. That means money in the company bank account is not your money.
What if I want some more money – what should I do?
Speak to your expert!
there are a few options and they have different tax consequences, you’ll need to budget for tax payable.
The tax office has produced a fact sheet to give you a basic overview.
(or why you should move to one who does)
The ATO says:
You are legally required to keep records of all transactions relating to your tax and superannuation affairs as you start, run, sell, change or close your business.
There can be legal and financial consequences if your business doesn’t comply with these record-keeping requirements.
If you’ve just realised you could find yourself in a spot of bother – ask us to help you move to electronic record keeping – it really is a smart move.
Backup the truck!
The budget has been announced, but its just a press release until it passes parliament.
Don’t go counting your tax saving chickens just yet!
The end of the Fringe Benefits Tax financial year is next Thursday 31st March.
If you use a company car, it is a good idea to note your odometer reading on this day in case your accountant needs it for your FBT return.
Is your resolution for 2022 to get your cash ducks in a row?
Do you have to get out the life preserver when big bills are due to be paid?
If 2022 is the year you want your cash duck to float gently on top of your bank balance – sing out for a demo
Hello!
Welcome to 2022!
January is get organised month, we thought we’d give you a hand – as you plan out your year and setup your calendar you’ll need these key lodgement and payment dates.
We’ll give you reminders as deadlines approach here and on our socials
Don’t let an unexpected tax bill spoil Christmas.
ATO says: Fringe benefits tax (FBT) is paid by employers on certain benefits they provide to their employees
Entertainment is the most common type of FBT we see.
What is considered entertainment? It includes events and/or gifts
Do you have a business plan? And is it current?
December is business plan month – spending a little time now planning will made it easier for you to jump out of the gates into the new year.
If its time for a newer phone – you’ll need to transfer your authenticator app.
Sing out if you need a hand – we’d hate you to be locked out!
Tip: its easier before you ditch the old phone
