Single Touch Payroll (STP) commenced on July 1, 2018 for large employers (with 20 or more employees), however, from 1 July 2019 all employers are required to report details of…
One of the most challenging aspects of starting a business is funding your new venture. The cost of setting up a new business can vary dramatically. For example, an online…
The rate for work-related car expenses has increased for the income year starting 1 July 2018. It is now 68 cents per kilometre. This applies if you have chosen to…
Let’s face it, bookkeeping isn’t fun but it’s an essential part of running a successful business. Courtesy of technology and the cloud it has got easier, however, bookkeeping still remains…
The Tax Office are on the move and are deploying what the Deputy Commissioner for Small Business, Deborah Jenkins describes as ‘mobile strike teams’ to uncover business owners who are…
Business owners face a number of challenges that can keep them awake at night. To prosper you obviously need a good product or service and you should strive to provide…
If you’re thinking of hosting a work Christmas party this year or providing some presents to your employees, you need to be aware of the Fringe Benefits Tax implications. Fringe…
Finance before fun! Starting a business can be exhilarating but also exhausting. The start-up phase has a number of moving parts and you need to work your way through various…
A former Caltex franchisee and it’s Director were both fined for poor record-keeping and inadequate pay slips. The franchisee was fined $80,190 and the Director was fined an additional $16,038…