Tag Archive

Below you'll find a list of all posts that have been tagged as “Fringe Benefits”

Christmas Party Fringe Benefits

Christmas is a great time to thank your staff for their hard work and celebrate the success of your business. Many business will buy a small gift or fund a staff Christmas party. Have you considered the fringe benefits tax implications …

Not for Profit Tax Exempt Self Review
Unsure about Not For Profit Tax Compliance ? Under new ATO requirements, not-for-profit organisations (NFP) including charities, sporting clubs and more will need to submit an annual self-review to confirm their tax-exempt status. Previously, NFP were not required to report to the ATO. These changes to do not apply to charities registered with the ACNC (Australian ...
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End of Financial Year Planning for Business
As the end of the financial year approaches, it's time to start planning for tax season. Whether you're a director or a business owner, there are several steps you can take to maximize your tax refund and ensure that your finances are in order before the new year begins. Here are some tips on how ...
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End of year Payroll guide
Completing your end of year Payroll reconciliation prior to preparing any reports will save you lots of heartache if errors are found later. We have put together this End of year Payroll guide to reconciling your payroll. Part A. Reconcile Payroll accounts Complete all payruns up to 30 June in your accounting software. Once you have ...
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Superannuation: A simple guide for Employers
Superannuation, is an essential part of every employee’s financial future. As an employer, it’s your responsibility to make these compulsory contributions. But, managing super payments can be a complex task. This is where accounting software comes into play. In this guide, we’ll delve into everything you need to know to manage superannuation payments, ensuring compliance, ...
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Superannuation: A simple guide for Employers
Superannuation, is an essential part of every employee’s financial future. As an employer, it’s your responsibility to make these compulsory contributions. But, managing super payments can be a complex task. This is where accounting software comes into play. In this guide, we’ll delve into everything you need to know to manage superannuation payments, ensuring compliance, ...
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Benefits of Cloud Accounting Software
As a director or business owner, you’re aware that accounting is a pivotal component of your operations. It’s instrumental in tracking expenses, planning budgets, and gauging your company’s performance. With the advent of technology, leveraging cloud-based accounting software has become a streamlined approach to financial management. The benefits of cloud accounting systems, like Xero, can significantly ...
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The Benefits of Cloud Payroll for Your Business
In today’s digital age, one of the best ways to save time and money while increasing efficiency is to go paperless in your payroll system. Cloud payroll software is a great way to streamline the process. Time and costs associated with running the payroll are reduced. No more manually printing and posting payslips. Let’s take ...
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How to Manage Inflation for Your Small Business
Inflation is a natural part of the economy and can have a wide range of effects on a small business. Rising prices can put pressure on owners and directors, making it difficult for them to maintain profitability. It is important for business owners to understand the effects of inflation and how they can manage it ...
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Restaurant and Cafe Bookkeeping
Do you have a high volume of data entry? Need help managing your suppliers? We are Cafe bookkeeping specialists, and are ready to help you now.
Go Paperless With Xero and Dext
What’s Xero? Many of you will by now have heard of Xero which is one of the leading cloud-based accounting programs today with over 500,000 subscribers. If you want your business to work smarter and faster, Xero (cloud accounting software) might just be for you. Working in the cloud will give you a better overview of your finances, ...
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