Small Business Skills and Training Boost – last chance
Last chance to take advantage of this bonus tax deduction.
Have you paid for training?
Are you considering booking training for your team?
31/05/2024
Last chance to take advantage of this bonus tax deduction.
Have you paid for training?
Are you considering booking training for your team?
Don’t go making crazy purchases without reviewing where you are at, and speaking to your tax accountant.
EOFY deals are great for salespeople trying to meet their commission targets, they might not really benefit you and your business.
Review your position
You can’t make sensible last minute decisions without data.
Let’s get your Xero file (or insert other software here) up to date, process everything still outstanding so you know exactly where you stand. There is not a lot of benefit spending more money, if you are already in a loss position. If you are in a surprise profit situation, it would be good to know before its too late to take action.
Speak to your expert and get customised advice about your situation.
Are you producing Australian Made goods, or services?
Promote it!
Our bookkeeping services are 100% Australian made by an aussie based team – locals supporting locals.
Buying Australian means that you’re creating local jobs, boosting the economy, and supporting your fellow Aussies.
Fit and healthy employees are more productive.
How do you help your staff with their well being?
There are heaps of options to look after physical and mental wellbeing. We’ve rounded up a few resources for you and your team (don’t forget you are part of the team if you are employed by your company – different rules for sole traders).
Why not combine physical and mental wellbeing by join a workplace challenge to support a charity?
Is there one little thing you can do this month to improve the health and fitness of your employees (including you)?
How many weeks has your small business been in existence?
Its week 1399 for us (almost 27 years in business)!
Its safe to say we’ve seen a lot and so much has changed – the tech, the rules, but we still work with other small businesses owners to help them manage their accounts. The more things change, the more you need a team to support you.
Anzac Day is on a Thursday this year, if you close your workplace, you need to pay your full time and part time staff for their normal Thursday work hours.
Staff may also request Friday as annual leave to take a long weekend – make sure you process leave requests to keep their balances up to date and report STP data to the ATO correctly.
Are members of your team kicking the day off early to sneak out a bit earlier during the holidays?
Employers need to be aware what ordinary spread of hours of work are for their industry, and when extra loadings might be payable.
Check your award for fine print before your flexible work arrangements cost you more than you bargained for!
March super contributions, must be received (by fund) by 28th April for employees (including working directors) and some sole trader contractors.
Severe penalties will apply for late payments
Data security is important – use 2 Factor Authentication where possible and long unique passphrases.
Anti-virus software will also help keep the baddies out.
Not sure if you could be doing better? Take the cyber security quiz
Here we are at the end of another quarter (what, already?!)
its time to start preparing the BAS.
Remember to verify, check, corroborate, review, ensure, confirm, establish and substantiate all details before submitting to the ATO.
Not sure you’re the best person to do all the checks? Ask us if we could help you remain on the better side of the ATO. Only BAS agents can assist with BAS preparation and lodgement. If your bookkeeper is not registered they cannot provide you with ANY information that could be included in your ATO lodgement.
