by Yvette Goss, Accountant and Superannuation Specialist.
Superannuation laws seem to be continually changing and some of the Federal Budget measures that were proposed last year have now been passed into law, so let’s look at what will apply from 1 July 2022.
by Melissa Probert, Associate Director.
As the end of the financial year draws closer it’s a great time for employers to start planning for the processes required to close out a payroll year. End of year finalisation is required to be lodged with the ATO by the 14th July.
by Ben Spiers, Director.
The 2022-23 Budget announced by the Government on Tuesday 29th March was primarily focussed at providing additional assistance to individuals considering the rising cost of living. There were many changes that will apply to Business, Individuals, Aged Care, Super and Taxation, but here is a summary of the key announcements.
The person who wrote the old adage “if you do something you love, you never work a day in your life” clearly never stepped foot inside a thriving bakery business. Ben Thickbroom’s passion for baking is obvious, but so too are the long hours and extraordinary effort it takes to manage and run the Parap Bakery in Darwin.
“We believe real human connection makes everything work better - communities, organisations and systems”.
With one of their core company values being connection, it seems appropriate that Think Human teamed up with Lee Green through a community connection between founder Mel Lambert and Lee Green Principal Mike Sweeney, via their childrens’ school and basketball club.
by Dana Feng, Accountant.
It’s that time of year when everyone seems to be making New Year’s resolutions. It is certainly a good time to reflect on your business’ progress over the past year and plan how you want it to develop in the year ahead.
Here are 5 ways you can resolve to build a stronger, more prosperous business in 2022:
By Saumya Biskudanaruppage, Accountant.
Accountant Saumya has put together a helpful summary of recent ATO changes and updates. As always, we are here to guide you through these changes, please contact us if you need more information or clarification on any of these topics.
By Rita Caporrella, Corporate Secretarial Officer.
What is a Director Identification Number?
A Director Identification Number (Director ID) is a unique 15 digit number used to identify directors. You will need a Director ID if you're a director of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation. You only need to apply once for a Director ID, you will keep the same Director ID if you stop being a director, become a director of another company, or multiple companies, change name, or move interstate or overseas.
By Melissa Probert, Associate Director.
Many years ago, accounting software and solutions were often an off the shelf product that operated as a stand-alone system or possibly with a point of sale system. Today the rise of cloud-based solutions with a built in API (Application Programming Interface) has enormously expanded the range of options and advantages that these systems can offer and the time and efficiency savings that can be achieved with a well-planned app stack.