Your super contributions for the quarter (1 January – 31 March 2016) need to be RECEIVED by your employees’ super funds by 28 April 2016 which is the ATO cut-off date. Please allow enough time for payments to be received by your employees’ super funds.
Employees
Tax tables change 1 July 2015 – be sure to update your accounting software now!
As a business, you’re probably bombarded with all sorts of business advice. Much of this advice arrives as a never ending stream of paperwork that you have to wade through, comprehend and put into action in a timely manner. If you’re not vigilant in this area you could see yourself missing important changes and wasting […]
Countdown to 30 June 2015 – reconcile super and PAYG payable
Reviewing the superannuation account and the PAYG Payable account works in much the same way as your bank accounts and credit card accounts with one exception and that is that the ‘new statement balance’ will always be $0.00. If your payroll has been setup correctly, the super guarantee contribution (SGC) and PAYG Payable will accrue […]
What the Federal Budget 2015 means for small business
Joe Hockey wants to be your friend and he has certainly delivered to small businesses in last night’s budget announcement! The generous concessions announced are aimed at empowering small businesses just like yours to “invest, grow and create jobs”. Your annual business turnover needs to be less than $2million to be eligible for the following […]