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3 Aug 2021

Cash Flow in a Time of Crisis

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Mexican billionaire businessman, Ricardo Salinas Pliego said that “in times of crisis, cash is king”. COVID-19, a word no one knew 12 months ago but now can’t go a day without hearing it! We’ve now hit well over a year since the start of COVID-19. Client Manager & SMSF Auditor, Rohan Richards discusses how now,...
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18 Jun 2021

How does the upcoming Super Guarantee rate increase affect your business?

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The increase in the Super Guarantee (SGC) rate from 9.5% to 10% is just around the corner, commencing 1 July 2021. With this upcoming change, both employers and employees will need to understand what this increase means to business costs and to take-home wages. How the employer deals with the increase may differ depending on...
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10 Jun 2021

4 things you need to know about the $1080 tax offset

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On budget night, Tuesday 11 May 2021, the Government announced an extension to the Low and Middle Tax Offset for another year for the 2021-22 financial year. Here are 4 things you need to know about the government’s $1080 tax offset: It’s an offset, not a payment. It doesn’t mean that you will get an...
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12 May 2021

Budget FY2022: Spending Initiatives

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The 2021/22 budget has to some extent addressed the so-called “care economy” and addresses a range of pressing social issues and also stimulates the economy by spending on capital infrastructure. Client Manager & SMSF Auditor, Rohan Richards, clearly outlines the spending initiatives announced by the Government in Tuesday night’s Budget announcement. The measures announced include a...
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29 Apr 2021

Changes to Single Touch Payroll

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The ATO brought in a system about 2 years ago called Single Touch Payroll (STP) for employers to submit the payroll information after each pay cycle was complete rather than at the end of the financial year. This started from 1 July 2019 for most employers. The ATO provided a quarterly concession for certain employers...
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5 Mar 2021

Supporting you as a small business owner

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Does your business need specialist financial advice? MEET JASON & CHRISTINE Jason has been a local Carpenter in the Eyre Peninsula since he started his apprenticeship. Jason finished his carpentry apprenticeship a couple of years ago and stayed on with the same builder for two years as an employee. He now wants to go out...
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5 Mar 2021

Why small business owners should not manage their own bookkeeping

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Nearly half of small businesses do not engage with an accountant or a bookkeeper for their bookkeeping. Director, Michel Zerella outlines the most common bookkeeping challenges faced by small businesses and how you can overcome them. As a small business owner who wears multiple hats, it can be difficult for you to manage every aspect...
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21 Jan 2021

Cyber Security: How to avoid being ‘HACKED’

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Due to the increasing popularity of people working from home, an unintended consequence is the increased risk of hacking. This is an issue we take very seriously and thought it was an appropriate time to give an update to our clients on how we intend to change our business environment and give you some perspective on...
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15 Nov 2020

SA Small Business: COVID-19 Stimulus Extended

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The South Australian Government revealed they will spend $4 billion to stimulate the state’s economy. The real winners of this update are the small businesses as Steven Marshall announced a second round of cash grants for eligible operators. Client Manager, Tess Mangahas, outlines the eligibility criteria for the cash grant for SA small businesses and...
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