Blog

Single Touch Payroll

What is it? Single Touch Payroll (STP) will change the way you report your employees’ payroll information to the Australian Taxation Office (ATO).Once setup your payroll software will report payments such as salaries and wages, PAYG withholding and super information to the ATO each time you pay your employees. When does it begin? Reporting for…
Read more

Downsizer Contributions

The ‘downsizer’ contribution came into effect on 1 July 2018 and allows an eligible person to contribute and additional amount to superannuation of up to $300,000 per member, without the need to satisfy normal tests relating to superannuation contribution eligibility (including the work and total super balance tests). These contributions will not count towards the…
Read more

Osko – Payments really fast

In business it is a common saying that cash flow is king. The main situation that impacts cash flow for business is customers who don’t pay on time. Even when customers do pay there is usually a delay in actually getting the funds in a state so that they can be used by the business…
Read more

Our New Website

Ladies and Gentlemen… It has been a long time in the making however our redesigned website is now ready to be unveiled. Over the last 2 years our firm has changed dramatically due to the impact technology is having on our industry. Cloud (internet) based services have taken our profession by storm and are changing…
Read more