New ATO guidance on “who is an employee?”
ATO Clarifies Definition of ‘Employee’ for PAYG Withholding Purposes New Ruling Provides Guidance on Determining Employment Status The ATO recently issued a ruling which explains when an individual is an ’employee’ of an entity for pay as you go (‘PAYG’) withholding purposes. A useful approach for establishing whether or not a worker is an employee […]
Super guarantee rate change scheduled
Get ready for a change in the super guarantee rate The superannuation guarantee (SG) rate will increase from 10.5% to 11% on 1 July 2023. Employers, remember to update your payroll system to align with these changes. The new SG rate applies to payments made to workers on or after 1 July 2023. The Superannuation […]
SG contribution due date for June 2022 quarter
Super guarantee contribution due date for June 2022 quarter The due date for employers to make super guarantee contributions for their employees for the June 2022 quarter is 28 July 2022. Note that the super guarantee rate in relation to salary and wages paid on or before 30 June 2022 is 10%. Employers that do […]
PAYG and deductions for payments to workers
PAYG withholding obligations The ATO has reminded business taxpayers they can no longer claim deductions for certain payments to workers if they have not met their PAYG withholding obligations from 1 July 2019. If the PAYG withholding rules require an amount to be withheld, to claim a deduction for most payments to a worker, a […]
Real estate startup success
Perth real estate agency’s startup success Born of a passion for real estate, with a strong focus on delivering high-quality service and results for all of their clients, the team at Benadé Helman has a goal to deliver a real estate experience far exceeding most client expectations. Following a successful career as a consultant and […]
Xero add-ons for your business
3 profit-boosting Xero add-ons every business should know about So what add-ons should be on your hit list? In simple terms, an add-on is a piece of technology (usually software) that enhances and customises applications. Here’s a few of our favourite profit-boosting Xero add-ons every business owner should know about. Vend Hailed as the world’s top Point of Sale […]
Omnis Group health industry case study
Health professionals case study Despite working with advisors who purported to be medical industry experts, by the time Registered Nurse Elle and her Specialist husband were introduced to Justin and Daniel at Omnis Group, they were desperate for useful advice and practical assistance to enable them to effectively manage their successful medical practice, and the […]
Xero case study
Transposition error gets bookkeeper the snip Eve runs a successful hair salon in The Hills and has a friendly, professional manner that all her devoted clients love. She is also a conscientious business owner and knows how easily the books can get on top of her, which is why she appointed an external bookkeeper from get-go. This […]
