Small Business – Page 31 – Streamline Management

Celebrate Your Unique Talents Day

What is your special talent?
Ours is supporting small business (with their bookkeeping)
Bookkeeping isn’t a special talent our clients have – they are great builders, landscapers, architects, interior designers, engineers, marketers and graphic artists – but they are great at asking for help to fill their skills gap.
Spend more time focusing on your special talent and less time cursing about the things you aren’t great at.
(If you’re a fish – don’t try to ride a bicycle!)

24/11/2021

Push Button Phone Day – Authentication app

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

18/11/2021

Fraud Awareness Week

We are hearing of fraud involving invoices being intercepted and bank details replaced more often.

How can you protect yourself?

17/11/2021

Entrepreneurs Day

What is an entrepreneur?
Dictionary definition: a person who sets up a business or businesses, taking on financial risks in the hope of profit.

We think a true entrepreneur is someone who is innovative – they have a great idea and are willing to take risks to bring it to the market.
Sometimes they fail, sometimes they change the world. They are disruptors.

16/11/2021

Micro Business Grant Fortnight ending 14th November

Its time to confirm eligibility to receive your next payment for the fortnight ending 14th November, eligible businesses will be paid $750 for the fortnight.

Make sure you have reconciled all of your deposits before you complete testing.
You do not need to submit details, however you need to keep records on file in case of audit.
Need a hand? Ask!

15/11/2021

Donut Appreciation Day

Donut forget to appreciate all the good things in your personal and your business life.

We really appreciate being able to help our great clients run their businesses.
We also appreciate our fun colleagues – thanks for collaborating with us, it really boosts us up.

05/11/2021

Director ID

No not for movie directors, for company directors.
ATO says: The director identification number (director ID) is a unique identifier that a director will apply for once and will keep forever. If you’re a director of a corporate trustee of a self-managed super fund (SMSF) you will need to apply for a director ID.
You will be able to apply for a director ID from November 2021 on the new Australian Business Registry Services (ABRS) online and will log in using the myGovID app.
When you must apply for a director ID, depends on the date you became a director. You will need to apply for your director ID yourself to verify your identity. No one can apply for it on your behalf.

03/11/2021

NSW Micro Business Grant reconfirm eligibility

If you haven’t received a payment today you may need to test and reconfirm your eligibility.
Make sure you have reconciled all of your deposits before you complete testing.
You do not need to submit details, however you need to keep records on file in case of audit.

01/11/2021

October IAS is due soon

It sure comes around quick, doesn’t it?
Put some money aside – its due on Monday 22nd November.
Don’t get fined for late lodgement!
(you will be able to make a payment arrangement with the ATO after lodgement if you are having cashflow issues)

01/11/2021

Super for September quarter due!

Have you paid super for your employees for the September quarter?
Make sure you’ve updated super rates to 10% for all employees.
This also the first quarter of new rules for closely held employees (owners and their families), annual wages are no longer acceptable, they need to have wages declared each quarter and super will be payable.

The super needs to be in your employees account by 28th October – tomorrow! If you haven’t already paid you’ll probably miss the deadline. It takes longer than you think for clearing houses to process the payment and distribute to each employee. And you are on the hook for that delay.

27/10/2021

Category: Small Business