With the annual office closure for the Small Business Superannuation Clearing House approaching. There are key dates you need to be aware of These are: 5.30 pm AEDT on 15 December 2021 - all Super guarantee (SG) payments received after the closing of business on this date will be processed from 4 January 2022 28 January 2022 - SG quarterly payments are due. You can still access ATO online systems during their office closure, however, Small Business contact centres will be clo

Other than small businesses with less than 15 employees, employers will need to assess whether to offer permanent employment to their existing casual employees by 27th September 2021. Casual employees must be offered a permanent position in writing: · If they have worked for them for at least twelve months. · They have worked the same number of hours consistently for the past six months. · Their regular hours could be maintained as a permanent employee without significa

Balancing work and home life can be difficult, but it takes something special to run a business with your partner. Billie and Pete Nosworthy met whilst working in a restaurant in Bowral. Their shared love of good food has blossomed into a family and a thriving Nowra business: Decadence Cakes Gifts and Treats. If you haven’t tasted their baked cheesecakes, then follow the scent of fresh baking, and head to 50 Berry St, Nowra where you can peruse the glass cabinets, brimming wi

Have you heard about this new initiative to help kickstart the dining and tourism business in NSW? If you are a restaurant, pub or cafe owner or have a business related to tourism and are registered as COVID safe - you will want to get involved! For everyone else, make sure you have a MyServiceNSW account ready for when it launches outside Sydney in late January 2021. There are more details on nsw.gov.au The NSW Government is launching Dine & Discover NSW to encourage the co

Over the next couple of months, we have a number of public holidays. We have been receiving some questions about how you treat these in JobKeeper, so we have summarised some useful information for you below: Public holidays (extract from Fair Work Ombudsman) Public holiday pay needs to be included when calculating an employee’s usual pay if the employee: Would normally have worked on the public holiday if the JobKeeper enabling stand down direction hadn’t been given. W

Time off is essential for everyone's health and well being. When employees have had a break from work, they come back more focused and productive. Understanding the different types of leave and holidays and the rules around them can help you better manage leave for your staff and keep them happy. Annual leave Employees take annual leave for rest, recreation, or other personal reasons. Certain conditions apply on when employees become entitled to annual leave, and employment l

Getting a new employee on board can mean working through lots of to-do items. We’ve made a handy checklists to make the process easier for you. 1. You’ll need certain details from your new employee before you can pay them, and also for record keeping and as required by law. · NAT 3092 tax file number declaration form · NAT 13080 super choice form (also known as superannuation standard choice form) 2. Documents to request · If necessary, a copy of the licence required for the

Hiring is a big move. From setting a salary, to recruiting, onboarding, and payroll – there’s a lot to get right. We have put together some tips and links to help you though the process. Are you ready to hire your first employee? Or do you have a few employees but want to improve your hiring process and find more good ones? Firstly, congrats! Hiring is a challenge but is a huge milestone and a sign that your business is growing. Hiring is about finding good employees, getting

1st Quarter of FY 2021, July to September 2020 – contributions must be in the fund by 28th October 2020. As an employer, your obligation to pay your employees’ superannuation contributions on time and in accordance with their choice of fund is just as important as paying their wages. Failure to meet your obligations could attract unwanted attention from the Australian Tax Office (ATO). It is essential that employers pay super contributions on time to avoid penalties. The law

As the 2020/21 financial year begins, incorporated businesses with a turnover of less than $50m will see their company tax rate reduced from 27.5% to 26%. Small businesses are the backbone of Australia’s economy and are a vital part of the COVID-19 recovery, supporting them has never been more important. If you have any questions, please contact us on 02 4402 8913 #bookkeeping #eastcoastbbs #businessowner #shoalhavenbusiness #welovelocal #covid19australia #nowra #covid19 #sma