Now’s the time when people decide what they are going to change or resolve to do in the New Year. For small business owners, this is the perfect time of year to get a bird’s eye view of your business’s progress, its current situation, and where it’s heading. Here are our tips for coming up with new ...
With the October 28 2016 deadline for the implementation of SuperStream looming, employees with 19 staff or less must act now. By that date, all employers must comply with the new SuperStream reporting method when making superannuation contributions to employees’ nominated accounts.
Through SuperStre...
The ATO has issued new PAYG tax scales which become effective from 1 October 2016. This will affect all businesses with employees and will require you to update your small business payroll software.
Cashflow Manager Gold and Wages Manager 10.0.2.0 which contain the new PAYG are no...
Julan Soft Furnishings specialise in all things windows – curtains, blinds and all the little accessories that go with them. This includes bedspreads, cushions and all the other little things that make a house a home.
Reconciling your bank accounts each month is one of the simplest ways to make sure your data is up to date and correct.
It ensures your financial statements are reflecting your sales and expense activities accurately, and it assists you with doing your tax return at the end of the financial year. For...
Janome Sewing Solutions was opened in 1993 by Mark and Alison Rogers, sparked by a passion for sewing and a desire to succeed in their own business. The store in the southern area of Adelaide sells Janome sewing equipment, thread, fabric and spare parts.
They also service all brands of sewing e...
One of the biggest complaints from small businesses has been that there are a lot of forms for them to fill out and reports for them to complete in order to remain compliant.
The ATO has decided to make things simpler for small business by committing to reducing to reducing GST compliance costs.
This ...
The Federal Budget was handed down last night with changes announced in many areas such as Education, Welfare, Defence & Security, Superannuation and Taxes. Several of our business owners are wondering how the 2016 budget will directly impact small business.
The general consensus is that small bu...
Working from home has many advantages, besides being able to keep you pyjamas on all day. Even full time office workers are working remotely from home in greater numbers these days.
Being able to dive straight into your work without a lengthy commute is a time and money saving joy, but working from h...
Single Touch Payroll (STP) is a system that the federal government wish to implement which will help to streamline business tax and superannuation reporting for small businesses. STP was originally planned to come into action on 1 July 2016, but has now been delayed until June 2017.
These days business is moving pretty quickly and the compliance world is changing at a crazy pace too with new legislation, reporting requirements and ways to connect coming into play every year.
The area of IT and the humble PC is also changing with the new Windows 10 on the way, Windows 8 and 8.1 w...
The promise of New Year promises new opportunities, changes, excitement and of course the chance to make resolutions. This time of year is also the perfect opportunity to reflect on the progress your small business has made in the last 12 months and plan for the next 12.
If you are starting a new bus...
Most owners of small businesses have never had any formal training on double entry accounting.
But for some reason, an overwhelming majority of accounting programs on the market don’t just assume that they have been trained in accounting, they expect business owners to be highly proficient in it...
A bad habit that many small business owners admit to is that they do not put time into doing the books very often. Sometimes this stretches for months at a time and culminates at tax time. However, a regular bookkeeping system can provide you with benefits that you would otherwise miss out on.
Bookke...
