Perth business cybersecurity
Protect yourself online There are a number of steps you can take to protect yourself online: Passwords: To keep your passwords safe consider using a password manager, such as Dashlane, LastPass, KeePass or RoboForm. Suspicious contact: Don’t open suspicious texts, popup windows or emails and don’t click on links or open attachments. If in doubt, […]
Transition to Single Touch Payroll for small employers
Statement from Tax Commissioner Chris Jordan about transition to Single Touch Payroll for small employers Parliament has now passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers (those with fewer than 20 employees) from 1 July 2019. STP is pay day reporting by employers to the ATO as it happens, this reporting […]
Avoid 5 common GST reporting errors
ATO identifies five common errors when reporting GST Errors make up more than half of the overall corrections made to GST reporting. In most cases, the mistakes are due to a taxpayer error. With some simple checks, you can avoid these most common errors. When reporting GST: make sure the timing is correct, and report for […]
Single Touch Payroll
It’s time to get ready for Single Touch Payroll From 1 July 2018, if you have 20 or more employees, you’ll need to use Single Touch Payroll-enabled software to report your tax and super information to the ATO. You’ll need to report the following on or before your payroll pay day: employee payments such as […]
Most Australian small business owners paid avg $50k
60% Australian small business owners are paid <$50k During an episode of Q&A this month, Australian Chamber of Commerce and Industry Chief Executive James Pearson said small business owners would benefit from a company tax cut in Australia. He said it would “help them be profitable”, allowing them to grow their businesses, employ more people […]
How to network with local business owners
Making a few good local business connections can go a long way helping your business grow. Networking can spark mutually beneficial partnerships, lead to new opportunities, and attract more customers through word of mouth. In the age of social media, small business owners may think networking isn’t as valuable as it used to be. On […]
