The Benefits of Xero
You can expect to hear a lot about the accounting software called “Xero” in the near future. This cloud-based program has been adopted by businesses of all sizes over the last several years. The software helps users organize and execute standard bookkeeping and accounting functions. Xero has more than 1.3 million users all over the […]
Why you should Hire an Accountant for your Business?
Nobody wakes up and thinks… getting an accountant sounds fun! It’s one of those things, like going to the doctor or getting a lawyer that no one is excited for. Should I Hire an Accountant for my Small Business? Absolutely you should. In fact, if you don’t hire a top accountant, you’ll be leaving money […]
Fresh New Business Opportunities For Meat-Free Products
Every year, more and more meat-free startups are making headlines. This trend of new vegan product businesses is simply a spark from the laws of supply and demand. The fact is, more Australians are eating meat-free products every year. In 2018, Australia was the most popular country for veganism according to Google Trends. However, this […]
ATO is Chasing Employee Super Payments with Single Touch Payroll
The Australian Taxation Office (ATO) is beginning to crack down on employers avoiding super payments. Ever since the single touch payroll (STP) became mandatory for small employers on July 1, 2019, the ATO has been receiving millions of data points tracking superannuation payments. The ATO is now able to analyze the data that began flooding […]
ATO Warning: Single Touch Payroll
Employers will face penalties for missed or late reports as outlined by ATO. New penalties would be applied for the first 12 months of STP (single touch payroll). This took effect for larger companies on July 1st, 2018. It’s just now been rolled out to smaller companies that have 19 employees or less taking effect […]
