Reporting, Lodging and Paying FBT
Did you know if you pay your employees to reward o motivate your staff, these fringe benefits will incur tax and you will need to report the amounts in your quarterly BAS?
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Should You Register Your .au Domain Name?
If you haven’t registered your domain name, it might be time to secure that because anyone can register your business name with an .au domain name. This way you’ll safeguard your businesses brand identify on the internet. Find out why in our short report.
Partner. Parent. Employee..? Should you hire your spouse?
Should you hire your spouse or hire an employee instead? Many small businesses hire spouses to help you with the books, perform administration tasks or even as partners. At first glance, hiring a spouse is a good idea, but don’t forget to understand how this impacts STP, superannuation and tax offsets.
2022 EOFY Checklist for Small Business
Tax time is upon us. Savvy small businesses around Australia should have rounded up 2022 and started their planning for 2023. In our short report, we detail what you should know about Covid stimulus payments, temporary full expensing and loss carry back and revenue goals.
2022 Super Guarantee Explained
The Superannuation Guarantee (SG) is the minimum amount that your employer should pay into your fund and has been increased to 10.5% from 1 July 2022 and is set to increase 0.5% every year until it reaches 12% from 1 July 2025. Our short report details what you should be aware about when it comes to your super.
Does Your Admin Need An Overhaul?
If you’ve been one of the numerous small businesses who have received government support or payments by the way of economic help during COVID-19, you might be aware of the extra record keeping or calculations that are required to work out turnover or other reductions.