Financial planning. That’s for people with lots of money to invest, isn’t it? Not necessarily. Sure, investment planning is an important part of financial planning, but underpinning the whole process of creating wealth in the first place is having a good financial strategy. For many people that strategy is taking each day as it comes and letting the future look after itself; but in a complex and ever-changing world, isn’t a more active approach a good idea? Each of us has spe
The Australian Taxation Office (ATO) has always had several techniques to collect outstanding tax debts. Recently there has been a strengthening of the ATO’s powers where a company fails to comply with its obligations, particularly in relation to employee entitlements. These powers allow the ATO to issue Director Penalty Notices (DPNs) on a company director to make them personally liable for any outstanding PAYG Withholding and Super Guarantee (SG) obligations of the company.
Welcome to our first blog for the 2020 financial year. At this time of year, you’re probably starting to look at getting your tax affairs in order – or at least thinking about it! You may also start to wonder if your accountant is the right match for you. This is only natural, after all, your accountant is an essential and integral part of your business. It’s vitally important they are the right fit. So, we thought that we’d look at what makes a great accountant and how to kn
For businesses paying wages to employees, the deadline to register for Single Touch Payroll (STP) is fast approaching. With only 7 days until 1 July, the countdown is on to get registered! In this month’s blog, we will go through what you need to do to register for STP, as well as our pick of software options available. In March we wrote a blog telling you everything you need to know about STP. Please click here if you missed it and would like to learn more. How to register T