“Success means only doing what you do well, letting somebody else do the rest” -Goldstein S Truism. In Western Australia alone there are over 225,000 registered small businesses, with 78% of those businesses based in the Perth metro area. Despite the upturn in fortunes for the Australian economy (and WA’s in particular), the current globalread more
As we explored in a recent article, the Government’s JobMaker Scheme aims to incentivise businesses to employ those whose work status has been impacted by the ongoing COVID-19 pandemic. Under the scheme, businesses can claim $200 per week for eligible employees aged 16-29 years; or $100 for those aged 30-35 years. Now that payments areread more
When the Australian Government introduced a raft of measures to help support and stimulate the economy in the wake of the COVID-19 pandemic, there were implications beyond just the financial when it came to implement the changes. Of particular note is the JobKeeper wage subsidy, which was brought in to assist businesses in continuing toread more
Are you concerned about the effect Coronavirus (COVID-19) might have on your business? The Federal Government has announced plans to release a stimulus package, to the tune of tens of billions of dollars, with a view to reduce the impact on businesses and the broader economy. Small businesses with apprentices, and businesses who have, orread more
In case you’ve missed it – the Australian Taxation Office (ATO) will be retiring the AUSKey service on 27 March 2020, with a view to replacing it with myGovID and Relationship Authorisation Manager (RAM). This means if you’re currently using AUSKey to access the Business Portal, and you’re yet to sign up for MyGovID, youread more
Considering all of the different taxes and obligations that employers have these days, it can be tough to keep up and remain compliant. But with recent changes to legislation, Payroll Tax is now back at the top of the agenda with business owners. The increase to the annual wages payable threshold means some businesses, fromread more
As software and information technology continues to advance quickly, particularly in the business world, it can be overwhelming – and when legislation forces you to dive in head first, this is only enhanced. With the Australian Taxation Office (ATO) making Single Touch Payroll (STP) reporting mandatory as of 1 July 2019 for all employers, businessread more
Businesses who take on employees often find the process exciting – a new starter can bring about new ideas, a better approach to the job, greater efficiency, and even a more manageable workload for the owner. But before you dive in head first and integrate a new employee, it’s important to have everything set upread more
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