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Superfunds demanding more than they should!

Latest New 2020 Latest News

Superfunds demanding more than they should!

Superstream being ignored by some Superfunds Some Superfunds are ignoring the logic of SuperStream and sending threat letters to employers, which is getting out of control. The most effective way for an employer to embrace the efficiency of SuperStream is to use one...
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Task Risk Management and Governance Guide

Latest New 2020 Latest News

Task Risk Management and Governance Guide

  Governance Guide and Task Risk Management The ATO has developed a tax risk management and governance review guide for business. While aimed at large business, there are guidelines for small to medium businesses as well.    The ATO is encouraging...
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Checking Australian Business Number(ABN)

Latest New 2020 Latest News

Checking Australian Business Number(ABN)

  The law states that every business making a payment must check the validity of their suppliers. They must check that: 1. Suppliers have provided an ABN and that it is a valid ABN and it belongs to them.   2. Check that the supplier is allowed to charge ST....
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ATO Advises on Super Changes Following on from the Budget

Latest New 2020 Latest News

ATO Advises on Super Changes Following on from the Budget

Advice on Super Changes After 2016 Budget   The ATO Tax Practitioner Advisory Group meeting was held on Friday 20 May 2016   Proposed Superannuation Reform   If the proposed reforms are legislated: The lifetime cap will take effect from 7:30pm on 3 May...
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What are Your Options for Meeting SuperStream 2016

Latest New 2020 Latest News

What are Your Options for Meeting SuperStream 2016

Superstream – What are your options & obligations? SuperStream 2016 is a compulsory system of submitting Superannuation Payment information (standardised data) electronically. The information links the payment made by the employer to the employees account...
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End of Financial Year – Things to Consider

Latest New 2020 Latest News

End of Financial Year – Things to Consider

Following on from last month’s ‘End of Financial Year Project Plan’, take this opportunity to review your business generally.   Before End of Year – Review Business Progress Review Profit & Loss to end March/April – Check with...
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