Don’t forget superannuation paid on behalf of all employees (including owners/directors) has increased to 10% for wages paid (bank transfer) on or after 1st July 2021 (based on payment date not period worked).
Annual concessional super contribution caps have increased to $27,500 for the 2021/22 financial year.
What a croc!
Did you hear the one about all purchases from Bunnings & officeworks being tax deductible?
Only licenced agents are allowed to give tax advice – assume free advice is a croc of s#@t designed to sell you something.
Next time you get free tax advice from anyone other than your expert – say what a croc and run away (if you can in those shoes)
The 2021 bugdet has been handed down – but has not yet been enacted into law.
The government has announced:
The demand-driven program is expected to support more than 170,000 new apprentices and trainees by paying businesses a 50 per cent wage subsidy over 12 months for newly commencing apprentices or trainees signed up by 31 March 2022. The subsidy will be capped at $7,000 per quarter per apprentice or trainee.
When we hear cubicle – this is what we all think of, right?
Doing business in a little box – its not for everyone.
If you’ve decided the cubicle is not where you want to spend your working day – it might be time to investigate cloud apps so you can work anywhere.
So you’ve just spent the day out on site and now you’re faced with the doing books.
Woo! Said no-one, ever.
If you’d rather spend book night reading Goldilocks, again – get in touch.
If you are a sole trader or the owner of a small business in NSW, you may be eligible for the Small Business Fees And Charges Rebate of up to $1500. * terms & conditions apply
The full list of eligible fees and charges (500+) is now available.
You may be eligible to claim back your company vehicle registration!
Online applications open now.
Hats off to the admin professionals of the world!
Is the thought of admin giving you chills?
Were you surprised when you discovered just how much is involved in running a business? (if you are not surprised – you haven’t discovered all of your responsibilities yet).
Bookkeeping is not just admin, it is no longer all about data entry and document storage – there are apps for that (followed by a shredder).
On Friday 26 March 2021, the Fair Work Act 2009 (FW Act) was amended to change workplace rights and obligations for casual employees. The changes were made by the Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Act 2021 (Amendment Act).
It’s time to start preparing your March BAS.
Time to tuck some funds aside and make sure everything is reconciled.
The BAS due date is 25th May (using our agent extension).
To assist with the recovery from the impact of COVID-19, the Australian Government is providing support to all eligible employers who engage a new Australian Apprentice.
Any sized business can apply
Got questions? Ask!
to keep up with the news
Be the first to know about critical dates and important gossip!