Category: Small Business

Employee Legal Awareness Day

When it comes to the law, what is an employee? And who can be a contractor?
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.

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13/02/2025

Staff leave balances

Back to school, summer holidays are over!

Don’t forget to process time off so you can keep leave balances up to date for your staff.
Or simply let us know and we’ll manage it for you.

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04/02/2025

Christmas and FBT

Don’t let an unexpected tax bill spoil Christmas.
Entertainment is the most common type of FBT we see.
(It could also include providing a company car or paying personal bills)
What is considered entertainment? It includes events and/or gifts (at any time of year)

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11/12/2024

Invoice Email Hacking On The Rise

Hackers are targeting small business inboxes and changing bank details on invoices you send out to your customers. To minimise risk, we recommend adding text to your invoice email and/or invoice template.
We’d hate for the wrong people to get your money!

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09/12/2024

Staff Christmas Bonus

Thinking about rewarding staff with a bonus?
Don’t forget super is likely to apply and you’ll need to use the schedule 5 tax scale to work out the tax to withhold.
If you don’t process and report the payment properly – you can’t claim a tax deduction.

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03/12/2024

Christmas shutdowns

Are you looking forward to the Christmas break?
If you are closing your workplace for a week or 2, you’ll need to be across the fairwork rules about shutdowns – check available leave balances and let your staff know now.

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19/11/2024

Pickle Day

What kind of business pickles are in your jar?

We’ve helped heaps of small business owners over the past 25+ years keep the pickles on the cheeseboard. We can help you too – but not if you put peanut butter on your pickles!

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14/11/2024

Talk Money Week – what happens when your business runs out of money?

Talking about money is awkward!
Its probably more unpleasant if you have to tell suppliers and employees you don’t have the money to pay them.
If you can’t pay your bills on time, you may be insolvent and that can lead to harsh penalties for the directors. (penalties up to $200,000)
Speak to us or your expert as soon as you think you might be in money trouble – you’ll have more options and less stress if you start the conversation early. Lets chat!

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04/11/2024

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