Category: Professional Services

COVID-19 NSW business grant

Applications open on 19 July 2021
close on 13 September 2021 – plenty of time to apply

The decline in turnover over a minimum 2-week period from 26 June 2021 to 26 July 2021 compared to the same period in 2019;

You can only claim once per ABN – Your turnover may fall more severely this week (the last of the test period) and your tier may increase.

The grant needs to be spent on costs incurred between 1 June 2021 to 18 July 2021.

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Streamline Management Super increases to 10% of wages

Employee Super has increased to 10%

Don’t forget superannuation paid on behalf of all employees (including owners/directors) has increased to 10% for wages paid (bank transfer) on or after 1st July 2021 (based on payment date not period worked).
Annual concessional super contribution caps have increased to $27,500 for the 2021/22 financial year.

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Better Sleep Month

What keeps you up at night?
Is it worrying about remembering & being able to pay your bills on time?

Cashflow forecasting can help you keep on top of upcoming bills and projecting your bank balance into the future.

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World Wish Day

What are your 3 wishes for your business world? If you had a genie, what would you ask for?
More hours in the day?
Staff? (the hard working reliable kind)
More income?

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NSW Government Small Business Fees and Charges Rebate

If you are a sole trader or the owner of a small business in NSW, you may be eligible for the Small Business Fees And Charges Rebate of up to $1500. * terms & conditions apply
The full list of eligible fees and charges (500+) is now available.
You may be eligible to claim back your company vehicle registration!
Online applications open now. 

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Administrative Professionals Week

Hats off to the admin professionals of the world!

Is the thought of admin giving you chills?
Were you surprised when you discovered just how much is involved in running a business? (if you are not surprised – you haven’t discovered all of your responsibilities yet).
Bookkeeping is not just admin, it is no longer all about data entry and document storage – there are apps for that (followed by a shredder).

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Changes to casual employment

On Friday 26 March 2021, the Fair Work Act 2009 (FW Act) was amended to change workplace rights and obligations for casual employees. The changes were made by the Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Act 2021 (Amendment Act).

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March BAS time

It’s time to start preparing your March BAS.
Time to tuck some funds aside and make sure everything is reconciled.
The BAS due date is 25th May (using our agent extension).

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Boosting Apprenticeship Commencements

To assist with the recovery from the impact of COVID-19, the Australian Government is providing support to all eligible employers who engage a new Australian Apprentice.
Any sized business can apply

Got questions? Ask!

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No More Week

What have you yelled ‘NO MORE!’ about this week?
What will you no longer accept or do?
We regularly meet small business owners who have been trying to do it all.
If you’re great at what you do, but say NO MORE to doing all of the rest, we’d love to be part of your support team. You do you, we’ll do the accounts.

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Accounts Healthcheck

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