The SuperStream standard applies to self-managed super funds (SMSFs) that receive employer contributions and the associated data electronically. SuperStream is more timely and has a reliable flow of payments and information about contributions, resulting in fewer data and payment errors. […]
The ATO is cracking down on individuals who are over-claiming work-related expenses. The Tax Office is reminding individuals that they can only claim a work-related deduction if: – they have spent the money themselves and were not reimbursed – it […]
The longer you leave it to take your business’ social media seriously, the bigger the division you are making between yourself and your competitors. Social media is not to be taken lightly; it is a powerful marketing tool that can […]
The start of the new financial year has seen some important changes to Australia’s employment laws. Not only do employers need to remain up to date and aware of amendments but they must also ensure they continue to meet their […]
Micromanaging your team can severely harm your business. Not only does micromanaging negatively impact productivity, but it can also lower levels of job satisfaction and morale. Fortunately, micromanagement can be changed as it is learned habit. Here are three ways […]
The ability to manage cash flow is a critical tool for business owners. Incorporate the following cash flow tricks to keep the money coming in and the business running smoothly. Make payment easy One of the easiest ways to make […]
There is an art to compromising in a manner that will leave you happy with the result but also respected by those you are compromising with. Examine the advice below for compromising effectively as a leader: Remain professional It is […]
Super co-contributions help eligible individuals boost their nest egg. The government makes a contribution of up to $500 when certain individuals make personal (after-tax) contributions to their super fund. The amount of co-contribution will depend on an individual’s income and […]
Employers must use the correct business industry code on their tax returns to ensure their return is lodged in the correct category. Using the correct business industry code reduces the risk of being incorrectly targeted for compliance activities, helps to […]
Rejecting a sales pitch can be difficult when dealing with a persuasive salesperson – however, having additional time to think about their offer is much more beneficial in the long run. Salespeople will often use a variety of sales techniques […]
