September Quarter Super Due Soon
July-September super contributions, at the new rate of 11%, must be received (by fund) by 28th October.
Severe penalties will apply for late payments.
July-September super contributions, at the new rate of 11%, must be received (by fund) by 28th October.
Severe penalties will apply for late payments.
Yay a day off!
What does that mean for wages?
Fairwork says: Full-time and part-time employees are entitled to be paid their base pay rate for their ordinary hours if they are absent from work because of a public holiday
The Xero Beautiful Business Fund closes on the 6th October – get your entries in now!
There is more than NZ$750,000 up for grabs. Regional winners will win $20k AUD and if you are 1 of the 4 global winners – another $50k AUD!
There are four categories, you can enter as many categories as you like
Good luck! We’ll be cheering you on!
You crack open the cookie, only to be disappointed.
At times, starting your own business can be much the same.
Stop winging it, shut down the computer and go to dinner with family and/or friends (Deep fried icecream for us please), then come back tomorrow and focus on growing your fortune with a team of experts to support you.
Bosses and employees generally exchange labour for cash!
There’s a bit more to it than that. They also exchange lots of secret data.
How do your new employees safely exchange their personal details with your HR team (probably you!)? Please don’t say email, its just not a safe way to transfer TFNs and other identity documents.
Holler if you’d like to chat about ways to reduce the exchange of employee data with strangers.
Next week the cost of your Xero business subscription will increase.
When was the last time you reviewed your prices? Are you valuing your skills appropriately?
If you haven’t audited your charge out rates recently, its time to check your margins.
Need a hand to review your expenses? Ask us to help.
We are willing to lend a hand to support our local community, we’ve signed up again this year as pitch partners with our Turramurra and Lindfield Community Bank. In 2 weeks 10 local charities will present shark tank style to locals who have pledged to make donations.
We are proud to be 3 time supporters.
Are you willing to lend a hand? What can you do to support others?
Its not too late to partner up
If you have a construction, cleaning, IT, freight/courier or security business you need to report payments made for service to your subcontractors to the ATO.
This is one of the submissions that won’t cost you any money (assuming you lodge on time, otherwise expect a fine).
Construction is very broad – it includes engineering services, architects, communications construction, landscaping, retaining walls, swimming pool installation and wallpapering.
Need a hand to get the paperwork in by 28th August? Ask us to help.
Xero has announced the launch of the Xero Beautiful Business Fund, backing small businesses for the future. There is more than NZ$750,000 up for grabs. Regional winners will win $20k AUD and if you are 1 of the 4 global winners – another $50k AUD!
Good luck! We’ll be cheering you on!
Our office will be closed for the rest of the week so we can all attend Xerocon (coachella for accountants and bookkeepers).
How does this disruption benefit our clients?
We’ll come back refreshed with new ideas, more knowledge (and app options) and a better understanding of the world of small business.
See you next week!
to keep up with the news
Be the first to know about critical dates and important gossip!