by admin | Oct 1, 2024 | Uncategorized
If you’re a contractor, freelancer, or self-employed, you’re probably already juggling multiple responsibilities, from managing clients to keeping track of your income. One area that often gets overlooked is superannuation, but it’s crucial to think about your...
by admin | Sep 20, 2024 | Uncategorized
Small businesses, especially family-run ones, require careful attention to payroll for closely held employees, such as family members, directors, and shareholders. The Australian Tax Office (ATO) mandates that all employers adhere to Single Touch Payroll (STP)...
by admin | Sep 18, 2024 | Uncategorized
Starting 1 July 2024, the National Minimum Wage in Australia will increase by 3.75%. This adjustment is part of the ongoing efforts to ensure workers’ fair compensation and keep pace with living costs. NEW WAGE RATES With this increase, the new National Minimum Wage...
by admin | Sep 13, 2024 | Uncategorized
As the new financial year begins in Australia, businesses have a fresh opportunity to set goals and strategies that can drive growth, improve efficiency, and enhance overall performance. Just as individuals make New Year’s resolutions, businesses can benefit from...
by admin | Sep 11, 2024 | Uncategorized
In the business world, “Don’t put all your eggs into one basket” is sage advice. But is it advice that’s suitable for you and your business? Diversification—expanding into new products, services, or markets—can reduce risk and open new revenue streams, enhancing...
by admin | Sep 9, 2024 | Uncategorized
Superannuation is one of the most important tools you have for securing a comfortable retirement. While most people are familiar with the basics—like making contributions and choosing investment options—some hidden gems within the superannuation system can really...