This brand new piece of legislation has been back dated, you can claim an extra deduction for expenses in the last 15 months and the next 12 months.
It’s time to reconcile wages and submit STP finalisations to the ATO on behalf of your employees. You need to make the lodgement on or before 14th July.
There are alot of changes taking effect from 1st July 2023, we’ve prepared an overview for you.
Super goes up on all wage payments made to staff on or after 1st July.
Minimum wages are rising for the first Full pay period from 1st July.
Paid Parental Leave is changing too.
Here’s a summary of our Top 5 apps for trades
We’ve partnered with these apps, we reckon they are ace.
Ask us for a personalised demo if you’d like to know more.
This retrospective legislation finishes this week.
However, you can claim expenses you’ve already paid in running your business.
What does the ATO mean by ‘technology’? its pretty broad.
Its June, so no doubt your staff are asking you about their group certificates (now called STP finalisation).
No so fast! Calm your farm!
Reconciliations need to be completed to make sure all payroll info is correct before submitting anything to the ATO.
You do not provide any documents to staff, everything is online.
We’re seeing reports of scam emails with fake payslips for employees.
The easiest way to prevent employees clicking on hoax emails (and scammers getting access to your system), is not to send payslips by email.
XeroMe is available, for free, for all employees. They can access payslips, submit leave requests and check annual leave balances, and submit timesheets (if you use them).
Ask us to get you and your team setup.
Superannuation paid on behalf of all employees will increase to 11% for wage payments made (bank transfer) on or after 1st July 2023 (regardless of work period).
Some contractors may be considered employees for super purposes and be entitled to super at the new rate.
Got questions? Contact us.
Every single week is a rollercoaster when you are a small business owner. (Sometimes it feels more like a haunted railway!)
It takes a lot of energy to power a rollercoaster – up, down, loop de loop, corkscrew barrel rolls, dark tunnels and sharp unexpected turns.
So now that you are onboard, strap in! We’ll join you on the wild ride!
Email, how did we ever live without it?
How do we live with it?
Have we taken the convenience too far? Do we send things willy nilly?
Email hacking is incredibly common and it may be months before we realise we’ve been compromised. To lower risks, what should we keep out of emails?
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