Streamline Management News
* This is generic info to give you a few pointers and should never be relied on as specific accounting advice.
Contact your expert (not your mates at a BBQ or the guy trying to sell you something) to discuss your situation.
November 2026
November is celebration time – Games Month, Global Bookkeeping Week, and Nicole’s birthday month!
+ a couple of serious ATO deadlines.
Christmas Shutdown – Office closure and staff leave
The Christmas and New Year break is approaching, it’s critical to be across the current Fair Work rules to ensure you are compliant.
A ‘shutdown’ is a temporary closure of a business, such as over the festive season. The rules for directing award-covered employees to take annual leave changed in 2023.
To prepare for your Christmas and New Year shutdown:
Confirm Dates | Check the Award | Check Leave Balances | Issue Notice | Manage Shortfalls
Need Assistance?
Let us know about your planned workplace closure now and we’ll check leave requirements for the summer holidays.
(Mob) Boss Day
Running a business is no walk in the park, but when it comes to keeping your books completely squeaky clean, we’re the family you want in your corner.
You want your numbers to be strictly legitimate so you never have to worry about anything ‘falling off the back of a truck’ or lost receipts disappearing into concrete shoes – We make bookkeeping an offer your bottom line simply can’t refuse.
Happy Boss’s Day to everyone calling the shots!
Stackademy – Scaling with Xero Certification
Nicole has added Stackademy Scaling with Xero Certification to her tool belt.
We launched our business into the cloud nearly 15 years ago by switching from desktop accounting software to Xero.
We quickly realised we needed to build an appstack for our business – there were already hundreds of apps that connected to Xero, where should we focus our attention?
Appstacks have evolved massively since the early 2010s. Keeping pace with new technology and changing client needs is a continuous effort – what was cutting edge ten years ago is standard practice today.
Stackademy is all about continuing to level up. By joining the CFO Techstack Exchange, we’re making sure we stay at the forefront of cloud technology – constantly refining app stacks for both our business and our clients.
October 2026
Don’t let tax deadlines spook 👻 you and since it’s Self Promotion Month, we’ll shamelessly admit we’re the best team to handle them for you!
From long weekends and extra coffee to your September BAS, check out our October calendar to keep your business on track.
We’re off to the 2026 ABN conference
Our office will be closed between Monday 5th – Friday 9th October so we can be social butterflies at the Australian Bookkeepers Network conference.
If you have anything that needs attention prior to Monday 12th October, get in touch now!
August 2026 IAS due
Don’t forget to arrange payment of your August IAS.
It’s due by today at the latest.
If you are unable to pay in full, contact the ATO on 13 72 26 to arrange a payment plan.
(Don’t forget interest is no longer tax deductible)
Is this a tax deductible uniform?
We all want to look the part, but the ATO isn’t keen on you just buying clothes you like, and claiming they are a ‘uniform’ for your small business. Protective equipment (steel capped boots, googles, hi-vis) are a different discussion, you’d be in trouble if you cut costs here.
When it comes to clothing – it depends!
Here is how to tell if your team’s gear actually makes the cut
Boss / Employee Exchange (sensitive data) Day
Bosses and employees exchange cash for labour. And at the same time they also exchange a lot of sensitive data.
How do your new employees safely exchange their personal details with your HR team (you and us)? Not by email – its just not a safe way to transfer TFNs and other identity documents.
We can now collect employee data directly in Xero. Your new employee will receive a link to provide their TFN declaration, Super Choice forms and personal details.
Payslips and leave records can also be accessed from the XeroMe employee portal – they cannot access any other data.
Holler if you’d like to chat about ways to reduce the risk of exchanging of employee data with fraudsters.
When Pigs Fly Day
When pigs fly, labeling a worker as an ‘independent contractor’ to dodge superannuation and leave entitlements will pass an ATO audit.
Until then, sham contracting is illegal (maximum penalty for a small is business is $109,200!) If they work like an employee, carry no risk if they stuff up, and rely on your equipment like an employee… guess what? The ATO and Fair Work view them as an employee.
Keeping your worker classification above board protects your business from disputes and hefty penalties down the track.
Unsure if your team is classified correctly? Give us a shout today to get your payroll sorted!
