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Blog
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31Jan2022
Employing working holiday makers
With international students and tourism set to resume (fingers crossed!), employers will once again be able to draw on a pool of ready workers. With so many industries facing critical shortages of staff – this is going to be very important for a lot of employers. This has been in the news too – due […]
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01Jan2022
Christmas and New Year check list for your business
A lot of businesses go into super overdrive over the Christmas and New Year period. Some are busier after Christmas than before and for others it can be the slow season. But most businesses will experience January as a quite time for holidays. A time to recover from last year and get ready for next […]
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28Nov2021
Direct Debit for Small Business
Direct debit is where you can take payments straight from your customer’s bank account. So it’s much more convenient for your customer (they don’t need to do anything – other than give you the initial permission) and it’s a very sure way for you to get paid on time without any issues or hassles. Direct […]
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31Oct2021
Home Based Business Checklist
The first thing you need to do is consult your accountant or tax agent. There are a lot of questions you need to ask – but you won’t know what they all are. Your accountant will. For example, you might know what Goods & Services Tax is – but when and how do you register […]
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30Sep2021
Superannuation Guide For Employers
Superannuation is the 10% that you – the employer, has to pay on top of wages of your employees. This goes to to a superannuation fund which grows the money so that your employees have something to live on in their retirement. (This will rise to 12% by 2025). That is the theory but it […]
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29Aug2021
Victorian Small Business COVID Hardship Fund
The Small Business COVID Hardship Fund is intended by the Victorian state government to provide help to small and medium businesses that have been affected by the current COVID lock down and subsequent economic downturn. You get a cash grant of $14,000 and it’s open to businesses even if they don’t employ anybody. Only one […]
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08Aug2021
How can I generate more profits
The whole point of running a business is to make money. That doesn’t mean that you should be blind to anything but money, money, money. Building a healthy business is all about being strategic. There are times when losing money now can mean a big pay off later. But in the main, you should only […]
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28Jun2021
Single Touch Payroll
STP is compulsory now. In fact it has been for a while. It has been possible to get concessions but these have have pretty much been ended and there is virtually no exception now to you having to report payments you make to employees to the ATO every single time you do a pay run. […]
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29May2021
Sole Trader
A sole trader is the most basic business structure there is. It’s simple, cheap and has the fewest reporting requirements. While it has it pros – it has some cons as well. How does it work? You use your Tax File Number (TFN) to lodge your income tax return as you normally do and everything […]
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02May2021
How to apply for the Jobs Victoria Fund
The Jobs Victoria Fund is a new initiative by the Victorian government to provide support to employers looking to take on new staff. That means $250 million in wage subsidies that you can apply for to help you to pay for new employees. The staff have to come from at least one of groups that […]
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