Is your Rockhampton business simply reacting to tax season, or are you strategically leveraging the tools designed to help you grow? For many local...
Did you know that Australian businesses lose a portion of their cash flow every six months simply because they fail to update their systems for the...
What if the biggest threat to your Rockhampton business isn't a slow month, but the A$12,500 in unclaimed deductions sitting buried in your...
What if the quarterly dread of your business activity statement wasn't a mandatory stress test, but a simple five-minute automated check? You didn't...
A 2023 MYOB report revealed that 58% of Australian small business owners lose sleep over cash flow. Does that sound familiar? Are you spending your...
For many small business owners, just hearing the words 'Australian Taxation Office' can bring on a wave of stress. Does the official website feel...
02
Apr 2015
Changes to pay as you go withholding cycles
From 1 July 2015, some business owners will have their pay as you go (PAYG) withholding cycles changed. The cycle change is based on the amount you withheld under your Australian business number (ABN) in all branches during the 2013-14 Financial Year. If you withheld between $25,000 and $1 million, you will need to report and pay monthly. If the amount was more than $1 million, you will need to report and pay electronically according to the
02
Apr 2015
Changes to pay as you go withholding cycles
From 1 July 2015, some business owners will have their pay as you go (PAYG) withholding cycles changed. The cycle change is based on the amount you withheld under your Australian business number (ABN) in all branches during the 2013-14 Financial Year. If you withheld between $25,000 and $1 million, you will need to report and pay monthly. If the amount was more than $1 million, you will need to report and pay electronically according to the
16
Mar 2015
Preparing for SuperStream
SuperStream aims to improve the efficiency of Australia’s superannuation system and provides a new standard for employers when making super contributions. It requires an employer to send contributions electronically in a standard format with linked data and payments. Why Is This Happening? Without SuperStream reforms, each super fund sets their own requirements with regards to how they will receive payments and contribution advice details for each member. This can often
16
Mar 2015
Preparing for SuperStream
SuperStream aims to improve the efficiency of Australia’s superannuation system and provides a new standard for employers when making super contributions. It requires an employer to send contributions electronically in a standard format with linked data and payments. Why Is This Happening? Without SuperStream reforms, each super fund sets their own requirements with regards to how they will receive payments and contribution advice details for each member. This can often