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
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
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