As the end of the financial year approaches, the temporary full expensing rules will be coming to an end. Considering this, we explore the options that are now available for small and medium businesses to optimise their tax deductions.

The super guarantee rate will rise in July this year to 11%. Have you calculated the extra cost to your business? This rate increase may also affect salary packages. Talk to us now to start preparing for the changes, so you don't get caught out.

Paid Parental Leave to be Extended to 26 Weeks by 2026!

In an effort to close the gender pay gap, increase women's workforce participation, and provide families with more flexibility during their children's formative years, the Paid Parental Leave (PPL) system will be increased

Here are the highlights from the 2023 Federal Budget, handed down by Treasurer Jim Chalmers on 9 May 2023.

Are you still wasting time on manual bookkeeping processes?

We’ve explained why digital bookkeeping is the way forward for any serious business in 2023 #SmallBusiness #bookkeeping

The ATO has made changes to the way that working from home deductions can be claimed by eligible taxpayers for the 2023 income year.

What are the key reports to focus on in your business? We'll show you how to track performance, take action and prepare your company for surviving the new business normal.

If you’re interested in improving your business performance, talk to us about comparing your business to the ATO Small business benchmarks. Benchmarks can help focus attention on areas that could be improved like the ratio of labour cost to turnover.

Did you know that authenticated digital signatures can be more secure than handwritten ones? Talk to us about using encrypted signatures for business documents. We’ll help with simple tips to keep your business cyber-safe while increasing efficiency.

Do you check your supplier ABNs? Correct tax codes are essential for getting GST on the BAS right. Now is a good time to review supplier ABNs and GST status. Get in contact, and we’ll make sure you’re not paying more GST than you need to.

Weathering the storm? Small businesses are particularly vulnerable in tough economic times. We can help with strategies for healthy cash flow, so you can continue to thrive. #smallbusiness

Do you find budgets boring? 5 ways to cut back on your personal spending without having to track every transaction.

Do you know when your business should register for GST? If you're not charging GST, check your income to know when to register with the ATO. Most businesses must register at $75k, but there are special rules for some. Talk to us to get set up.

Paid Family and Domestic Violence Leave becomes an entitlement for employees in 2023. All employees (including casuals) can access this leave type from day one of employment, so talk to us to start planning for changes to payroll provisions and costs.

Not sure about the guidelines for cashing out annual leave? You need to know some essential rules before paying out annual leave so that employees are not disadvantaged. Talk to us, and we'll help review your payroll and leave obligations.

The ATO lets us have a little more time for December lodgments, but you’ll still need to plan for paying your BAS and super soon! Talk to us about getting organised for the first ATO lodgments and payments of 2023 and make the start of the year easy.