The downsizer super contribution rules introduced by the Government were one of a number of measures introduced to help reduce pressure on housing affordability. But it can also help people top up their ability to live more comfortably and affordably. From 1 July 2018, individuals over 65 years of age may be eligible to contribute … Read more
The ATO is constantly changing various aspects about what you need to disclose and 2018 is no different. When you lodge this year you need to report more data than ever and ensure your SMSF is in top shape going forward. From the 1st July 2017 superannuation reforms introduced a new reporting regime for funds. Funds now need … Read more
Single touch payroll (STP) is a new regulation that changes when and how small businesses report payroll activity to the Australian Tax Office (ATO). Businesses used to report this information to the ATO once a year. Now, they need to send a report after each payday. And those reports must be submitted digitally, using a … Read more
I’m not a huge fan of auto-replies, but they can be a necessary evil and a godsend at times when used well. It’s probably the last thing you do before you head out of the office to enjoy your holiday, but here’s why you should take some time to create your out-of-office message. But to … Read more
While many of us attended School and some possibly University or Tafe, however many of us simply didn’t get the assignment on what makes a good business and what makes a poor one. A great idea starts and people get inspired to take off and give it a go when starting out on their own. … Read more
Xero online invoicing – a faster way to get paidXero online invoicing removes the limitations of using traditional paper invoices to get paid.Xero’s built-in online invoicing features let your business carry out the whole invoice process electronically. There are key tools for creating repeat invoices, taking online payments, tracking sales revenues and chasing up any … Read more
Applying for a business loan can be easy Need some extra cash to take your business to the next level, but daunted by the loan process? You’re not alone. There can be a lot of paperwork and number-crunching involved. Before you get started, remember that a bank wants your application to succeed as the interest … Read more
Your Succession Plan and where you should begin You’ll leave or sell your business someday, so how do you make sure it’s on the best possible terms? Here’s our advice… What is a succession plan? It’s a plan for the exit of yourself from your business, it’s where you will decide how and when you … Read more
‘Fail to plan, plan to fail’, as the saying goes. If you’re going to create an effective, successful and profitable business, you need to create a solid strategic plan Your business plan is the route map that defines your goals, explains your strategy and gives real direction to the everyday running of the company. So … Read more
