From 1 January 2025, an employer who intentionally underpays an employee, can be subject to criminal prosecution.
The Fair Work Ombudsman have created a guide to paying employees correctly, and the Voluntary Small Business Wage Compliance Code can help small businesses take steps to pay employees correctly.
Read MoreWe are honoured to be recognised at the Coffs Coast Business Awards!
Read MoreThe end of the financial year (EOFY) is a busy time for everyone, but small business owners can certainly feel overwhelmed given that there’s so much paperwork to sort through.
Read MoreWhen we see businesses doing well, one reason is that they have accurate and complete records. There are many benefits of having accurate and complete records.
Read MoreOutsourcing is a powerful tool for those looking to free up time. When you find the right business partner to outsource your bookkeeping to, it can bring significant benefits to your business.
When you’re looking to outsource your business’s bookkeeping, consider these reasons why it will benefit you.
Read MoreWe are excited to be named a finalist at the Coffs Coast Business Awards for 2023. Nominated in the Excellence in Small Business Award category.
Read MoreThe ATO is getting serious about employers who either don’t pay their superannuation guarantee commitments or pay them late. New federal funding will enable account matching technology to compare STP reported super with that supplied to the ATO by super funds.
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Completing set bookkeeping tasks each week will help keep your business running effectively and allow you to catch problems and discrepancies early on.
Read MoreFringe Benefits Tax (FBT) is a tax that employers pay on benefits provided to employees in addition to their salary or wages. This includes any non-cash benefits, such as a company car, private health insurance, or entertainment expenses. Find out how our team can help you prepare for the end of the FBT year on 31 March.
Read MoreFinal deadlines for Director Identification Number (DIN) applications are approaching. For anyone who became a director on or before 31 October 2021, you are required to apply for your DIN by 30 November 2022.
Whilst we cannot make the application on your behalf, our latest blog has information on how to get yours.
Read MoreOne of the key responsibilities as a business owner is to keep accurate records. This ensures that your files and documents are always up to date - not only for tax time but also for compliance purposes and in the case of an audit.
Keeping good records allows you to monitor how your business is performing and means you can make sound business decisions at any time.
Read MoreBookkeeping is a vital role in any business – it helps your business run smoothly, and without this function, your accountant won't have a clear picture of your company's finances and you won’t be in a position to make appropriate strategic business decisions. In this blog we cover five ways contracting a bookkeeper will add value to your business.
Read MoreRelief and recovery programs available to residents in both Queensland and New South Wales from state and federal governments. The information is regularly updated and we’ve put together a few links that we hope will help you find information a little easier
Read MoreThe NSW Government announced a financial support package to assist businesses being impacted by the Omicron wave in late January 2022. Applications are now open.
Read MoreOur new office is located at 4A Moonee St and our first day of operation is 21 February 2022.
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