Small Business – Page 3 – Streamline Management

Employee or Contractor on Employee Legal Awareness Day

Its Employee Legal Awareness Day and awareness is important for small business owners.

When it comes to the law, what is an employee? And who can be a contractor?
Don’t forget that super may still apply for genuine contractors if they are principally supplying labour.
We’ve googled to bring you the important bits from various government departments.

To follow the law, businesses need to make sure they aren’t treating employees as contractors – it’s not as simple as whether or not they have an ABN or send invoices.

You are responsible for classifying your worker for tax and super purposes and you need to get it right. If you make an incorrect decision, you may face penalties.

13/02/2026

It's time to prepare your BAS for lodgement

December 2025 BAS

It’s time to start preparing your December BAS
Late lodgement could result in fines, and will void any payment plan you have in place with the ATO, and make it much harder to request another one in future.
Act now!

19/01/2026

Hat Day

As a small business owner, you might have expected to wear a crown befitting your royal status.
Turns out you have to wear a whole bunch of hats, some of them are really uncomfortable.
If you want to take back the crown – we look quite fetching in a number of hats, ask to borrow our noggins.

15/01/2026

Staff Christmas Bonus

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.

16/12/2025

App Day – Improve cashflow and ditch the papercuts

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?

11/12/2025

Don’t let an unexpected tax bill spoil Christmas

The festive season is just around the corner, and you’re likely planning staff parties, client events, and gifts. While this is a wonderful time for celebration, it’s also a crucial period to consider Fringe Benefits Tax (FBT).
Mismanaging your Christmas cheer expenses could lead to a surprise FBT liability that lands well after the holidays are over!

Don’t wait for a nasty surprise in the New Year. Proactive planning now means you can enjoy the holiday season knowing your books are in order!
Speak to your licenced tax professional now

11/11/2025

Global Bookkeeping Week 2025

It is Global Bookkeeping Week, and here in Sydney, we’re pausing to celebrate the vital role bookkeepers play in powering local small businesses over a flat white. ☕☕☕
As your dedicated bookkeeping partners, our job is not about data entry – it’s about providing the clarity and confidence that lets you focus on your business goals, not compliance stress.
Join Us: #RaiseACup to Your Bookkeeper!
Whether you work with us or another dedicated professional, we encourage you to take a moment this week to acknowledge the hard work your bookkeeper puts in. They are your financial guardian, your deadline warrior, and the often-unsung hero of your business journey.

To our amazing clients: We are here for you. Let’s grab that coffee and keep making those numbers work!

#RaiseACup to financial clarity and business success!

10/11/2025

😌 Stress Awareness Day: Is DIY Bookkeeping Burning You Out?

If you’re a small business owner, you know the pressure. And one task reliably spikes the stress: DIY bookkeeping.

On Stress Awareness Day, it’s time to ask: What is the cost of doing your own books?

🤯 The Stress Symptoms:
– High blood rressure: That spike of anxiety when the BAS deadline hits.
– Wasted weekends: You’re sorting receipts instead of strategising or relaxing.
– Nerve-wracking payroll: Struggling with STP finalisation and reconciling accounts.

✅ The Quick Cure: Partner with a BAS Agent
Don’t just delegate—mitigate your risk and gain peace of mind instantly by partnering with a licensed professional.
📞 Ready to be less stressed?
Stop the burnout cycle. If stress is getting the better of you, call on a Sydney-based BAS Agent today. We’ll simplify your compliance, calm your nerves, and give you back the time and energy you need to focus on growth.

05/11/2025

🏇 The Streamline Show Ponies Jockey for Position on Melbourne Cup Day

Why are clouds like jockeys?
Because they both hold the reins!
(Who doesn’t love a cloud accounting gag?!)
As the nation pauses for the race that stops a nation, it’s a great reminder of the importance of keeping your records in peak condition. When it comes to your bookkeeping, there’s nothing worse than when you’ve fallen and can’t giddy up, letting your accounts drift off the main track.
Don’t let the tax office stirrup trouble. Take the reins of your finances and ensure your business is a front-runner this year.

04/11/2025

Booookkeeping Horrors: Tales from the Ledger of Doom

It’s spooky season—and while ghosts and ghouls are scary, nothing sends more chills down a business owner’s spine than bookkeeping gone wrong! Gather ‘round for some frightful tales from the ledger of doom… and how to keep your books from turning into a nightmare.

With us by your side, bookkeeping doesn’t have to be a horror story. Keep calm, stay consistent, and may all your accounts balance in the end.

Happy haunting, brave booookkeepers!

31/10/2025

Category: Small Business