IT'S TIME.... to lodge and pay your Super Contributions By 28th April 2021 (Quarter 3 - Jan-March 2021) SUPERANNUATION: We want you protected and without penalty, and we would like to remind you of your quarterly employee superannuation obligations. We strongly recommend clients process payments 14 days PRIOR to the DEADLINE date as payments need to clear the super funds to be paid on time. Please contact us immediately if you have unpaid superannuation liabilities as serious

DO YOU PAY ANY EMPLOYEES? IF SO, PLEASE ENSURE YOU ARE AWARE OF ANY CHANGES TO PAY RATES/AWARDS. Effective 1 February, 2021, the third stage of the Fair Work Commission’s announcement of June 2020 came into effect for different groups of awards, which includes retail, accommodation and food services and a range of other industries. It is the client’s responsibility to ensure they are across any changes to awards/pay rates. We recommend clients contact Fair Work or HR to ensur

Your relationship with your bookkeeper is a two-way street. To get the best return on investment for your money spent, it is essential to not only recruit the right provider but also to communicate liberally, enable them to provide you with excellent service and leverage their expertise. If you do that, you’ll build a powerful relationship that keeps your books, contractors, employees and finances organised, so you can make quality informed decisions, and free up your time so

Last month in Part One, “It’s easy to get out of your depth with your bookkeeping – things to check” we covered some challenges often experienced by DIY bookkeepers and some checks you can implement to minimise the risks of mistakes with your bookkeeping. This month, we are looking at the benefit of having a bookkeeper generate accurate financial reports for you to review – and some you may not have heard of before. Financial Statements – Your Secret Weapon: This is the part

Things to Check Weekly, Monthly and End of Financial Year You’ve created a product that you’re proud of, you’re spending late nights working on your sales pitch and quotes, and then there is the marketing! You’re probably not lying awake at night wondering “are my books balanced or did I lodge that form on time?” Bookkeeping is not as urgent, as say, finding new clients, trying to win that quote, or wondering if you can really afford to take someone on to expand. But that doe

Being in business is tough especially in the current climate, so it makes sense to reduce your costs and maximise your profits. But be careful you don’t end up costing yourself more in the long run! Many business owners try to save money by doing their own bookkeeping, or have a partner do the work for them. Sure this may save you money in the short term, however having an efficient, professional bookkeeper on your side can save you a significant amount of money in the long

During an emergency situation, where employees can no longer work from your usual office location, being able to ‘get up and running’ from a remote location is critical. Remote working allows your people to remain safe at home, allows communication between the team and customers, and – crucially – allows you to continue running your business and creating revenue. But how do you set up your team to become remote workers? And what are the key considerations to think about when