The 3rd Friday in September is reserved to honour tradies – are you taking an RDO to celebrate yourselves?
Or will a day off the tools give you a chance to catchup on the books? How frustrating!
Contact us if you’ve decided you’d rather be on the tools than stuck behind the desk.
I want to start my own business!
Can you remember first saying it? Did you fully understand what you were wishing for?
What do you wish you knew back then?
Were you aware of what CEO really stands for? Its Chief Everything Officer – until you find the right people to help you manage everything.
We make it look easy, but there are plenty of traps for young players! Ask us to join your team
If you have a construction, cleaning, IT, freight/courier or security business you need to report payments made for service to your subcontractors to the ATO.
This is one of the submissions that won’t cost you any money (assuming you lodge on time, otherwise expect a fine).
Construction is very broad – it includes engineering services, architecture, communications construction, decoration, landscaping, retaining walls, swimming pool construction/installation, waterproofing and wallpapering.
Didn’t know TPARs were a thing? Ask us to help.
Know you won’t be able to pay your June BAS by Monday?
Late lodgement can result in fines and penalties for your business and for you as a director, submit your June BAS now and organise a payment plan.
(before everyone else clogs up the phone lines)
Fair Work is updating the definition of a casual employee (not to casual Friday clothing or just being too relaxed at work!), this will take effect from Monday 26th August 2024. Casual Employment Information Statement and casual conversion rules will also be updated.
Need help with payroll? Ask us to give you a hand
The Xero Beautiful Business Fund closes on the 6th October – get your entries in now!
There is more than NZ$750,000 up for grabs. Regional winners will win $20k AUD and if you are 1 of the 4 global winners – another $50k AUD!
There are four categories, you can enter as many categories as you like
Good luck! We’ll be cheering you on!
Owning a small business can be pretty dangerous – submerged rocks, springing a leak, swells, sharks circling, sea legs and scurvy!
At Streamline Management, we shine a light to alert you to the many risks of running a small business.
Wouldn’t it be wonderful to get some free labour from someone who needs experience in your industry?
But before you bring someone into your business make sure you are on the right side of fairwork!
Fairwork says:
Some unpaid work arrangements are lawful and others are not. Depending on the nature of the arrangement, the person doing the work may be an employee and be entitled to be paid the legal minimum rate of pay for the type of work they’re doing, along with other minimum employment entitlements.
Get someone to grab you a coffee and read through the fine print.
Small business really is a team sport – you can’t be the manager, pitcher, catcher, batter and cover all the bases at the same time!
Forming a great team of match-fit individuals is necessary. If you’re the batter, recruit the other players. You might think a couple of all rounders will do, but if you don’t know the rules of the game yet – you need seasoned professionals, not more enthusiastic amateurs and playmates.
In any game, you need to play as a team – and that includes you as the business owner. You can’t play a good game on your own.
If your company doesn’t pay super on time for employees (and some subcontractors), directors become personally liable to make the payment.
ATO says: Company directors are responsible for ensuring their company’s tax and super obligations are reported and paid on time.
If your company has an overdue debt, and doesn’t pay the amount owing or make other arrangements, we (ATO) may issue a director penalty notice (DPN).
April – June super must reach the fund of your team on or before 28th July – it takes longer than you think to arrive, so authorise the payment now!
