News

The Budget 2016-2017

No Comments »
calculator-385506_640

As you know the budget came out earlier this month and there are a number of interesting changes coming our way. Amongst these changes the lowering of the tax burden on enterprises: The Government will back small businesses by reducing their tax rate to 27.5 per cent, starting with businesses with a turnover less than $10 million on 1 July this year. Over ten years the Government will decrease the…

Read More

SuperStream

No Comments »

The latest buzz word around the financial industry is SuperStream. Now as a business owner / operator this is one of those times where you can’t just bury your head in the sand and hope it goes away…because it won’t. The concept of what the Government is trying to achieve is quite simple really. They are streamlining the process of lodging and paying Superannuation, with the underlying goal to have…

Read More

Improve Profit, Cash Flow and Peace of Mind with a Financial Roadmap’ from CFO On Call

No Comments »

The end of the 2012/2013 financial year is fast approaching and now is the time to assess business performance and set targets for the new financial year. A ‘Financial Roadmap’ will help improve profit and cash flow, by ensuring funds will be available to spend on developing new products and services, marketing, sales, operations, customer service and human resources.  To grow a business you must have funds available at the…

Read More

What’s the difference between a Tax Agent and an Accountant?

No Comments »

And what is the difference between an accountant and a BAS Agent? Make sure you understand which financial professional to turn to. Owning a business involves making hard decisions. Should I advertise my business more? How much finance should I get to buy more machines? Will my workers cope without me during my business trip to Fiji? Common sense would dictate that you get the best information possible so you…

Read More

ABN announces the launch of the Australian Bookkeepers Association

No Comments »

The Australian Bookkeepers Network has today announced the launch of the Australian Bookkeepers Association (ABA).  The ABA is an association that is run by Australian bookkeepers for Australian bookkeepers and will soon be lodging with the Tax Practitioner Board (TPB) an application to become a BAS Agent Association.  The ABA governance structure allows for greater involvement from members and provides the opportunity to become more involved in your profession and…

Read More

Preparing for the increase in Employer Superannuation Contributions

No Comments »

Employer superannuation contributions will be increasing over coming years and the increase to 9.25% must be implemented by 1 July 2013.Employers will need to consider how to implement the new rates, and consider how the roll-out of the increases will be timed, how the increases will be absorbed into current remuneration structures or whether the total remuneration of employees will be increases.Those employers who already contribute more than the contribution…

Read More

Xero Roadshow scores another big win in Brisbane

No Comments »

The Xero Roadshow hit Brisbane this week and what a stand out event it was!  Our superstar Xero Team Manger, Sharon Watts, drew the lucky straw and went along to catch up on all the exciting new developments and touch base with the add-on partners and the dynamic Xero team members.

Increase to minimum weekly wages: from Fair Work Australia

No Comments »

Today, Fair Work Australia announced the 2012 Annual Wage Decision. The decision increases minimum weekly wages by 2.9%. This also applies to minimum wages for juniors, trainees and apprentices, employees with a disability and to piece rates. The new national minimum wage will be $606.40 per week or $15.96 per hour.  The increase to the minimum wages doesn’t take effect until the first pay period on or after 1 July…

Read More