Tax Minimisation - Reduce Your BAS
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How to Reduce BAS Payments for Your Business

ByDavie Mach

As a business owner or manager in Australia, one of the most crucial responsibilities you’ll encounter is managing your Business Activity Statement (BAS). Having an Australian business number (ABN) is essential for registering for GST and receiving a BAS automatically when it’s time to lodge. These regular tax obligations are fundamental to running a compliant…

Single Touch Payroll
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The 2021 Ultimate Guide to Single Touch Payroll (STP)

ByDavie Mach

Single Touch Payroll (STP) is a new method of reporting tax and superannuation information to the ATO. Your payroll or accounting software can potentially offer STP reporting and will result in you sending your employees’ tax and super information to the ATO each time you run payroll and pay your employees. However, how you pay…

The Small Business Grant that Businesses are Missing Out On
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The Small Business Grant that Businesses are Missing Out On

ByDavie Mach

Are you a small business operating in NSW? Are you not liable for payroll tax and want to employ more staff? Then your business may be eligible for the Small Business Grant. As a small business, meeting the eligibility criteria will result in your business receiving a $2,000 bonus for each new full-time position employed…

Construction Industry Long Service Leave
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Guide to Construction Industry Long Service Leave (You Could Be Owed Weeks of Leave!)

ByDavie Mach

If you are someone who works in the construction or building industry then you may be entitled to construction industry long service leave. What is Long Service Leave? Long service leave refers to an extended period of leave awarded to employees who have been employed by the one employer for usually ten (10) years. This…

Self-Managed Super Funds
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What are Self-Managed Super Funds? 3 Pros & Cons To Know

ByDavie Mach

Self-Managed Super Funds (SMSF) are an increasingly popular option that many Australians appear to be shifting towards. Fundamentally, SMSFs are a way for Australians to have full control over their investment options. However, there remain main legal, financial and regulatory red tape that you must consider evaluating to assess whether an SMSF is a worthwhile…

How to Pay Super as an Employer
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The #1 Guide on How to Pay Super as an Employer

ByDavie Mach

If you have stumbled upon this article, then chances are you want to learn how to pay super as an employer to your employees. What is superannuation? To understand how to pay super as an employer, you must first know what Superannuation is. Superannuation is a contribution made by the employer on behalf of the…

Modern Awards
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The #1 Step-by-Step Guide on How to Tackle Modern Awards

ByDavie Mach

Modern awards (also known as industry awards) are a vital type of legal document that must be understood concerning having your employees. This is essentially a legal document that sets out minimum employment conditions in addition to the National Employment Standards (NES). As an employer, you must have a comprehensive understanding of which award covers…

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