Blog: Single Touch Payroll Extended for all Employers

From 1 July 2019, single touch payroll – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – will apply to all employers. What employers need to report will also be extended to include certain salary sacrificed amounts. Employers with 20 or more employees have been required to...
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Blog: Instant Asset Write-Off to Increase Small Business Growth & Investment

The Government’s announcement to increase and extend the instant asset write-off is expected to stimulate small business growth and investment. According to business accounting software company, MYOB, 28 per cent of small businesses find cashflow a real pressure. “Anything that helps small business invest in the future of their business is something that should be...
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Tip Tuesday: How to make small business accounting fun

Owning a small business is exciting. You get to do what you love, day in, day out. But traditionally, small business accounting isn’t exciting. So how can we change this stereotype and make accounting fun and easy? Small business accounting challenges When we talk to the small business community and accountants and bookkeepers, several things...
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Blog: Construction Accounting Basics

Construction is unlike any other business. Building projects can last for months or even years – and you might be both an employer and a contractor. So how do you learn the basics of construction accounting? Why is construction accounting different? If you work in the construction industry, you’ll know there’s rarely a fixed business...
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