Single Touch Payroll
From 1 July 2019, you will have to transfer your payroll transaction data to the ATO each time your employees are paid using a software solution to do this.
From 1 July 2019, you will have to transfer your payroll transaction data to the ATO each time your employees are paid using a software solution to do this.
Topics: small business accounting, accounting, management
This year's Federal Budget includes some good news for small business enterprises (SBEs), including the continuation of the Enterprise Tax Plan and the digitisation of licensing and registration services.
Topics: Firm News, small business
Whether you are thinking of launching a small, local business or a global enterprise, finding a city that is friendly toward entrepreneurs is important. You want a city that is culturally supportive of business owners, in a region or country that makes things easy for you from a financial perspective. You also want to be in a place where it is easy to attract and retain good talent, and where you can network with a lot of other business owners and share resources. Here are ten worldwide cities where starting a business is less difficult than in other parts of the world, for a variety of reasons.
Topics: Firm News, startup, small business
Taking out a business loan may be your first plan of action for financing business growth. But there are excellent reasons to consider other options for finding capital to expand your business.
Topics: financial, small business, management
Good news for small business owners: according to the US Small Business Administration, nearly 80% of small businesses survive their first year.
However, that number begins to drop as time rolls on. Only half of small businesses pass the five year mark, and a mere third celebrate their tenth anniversary.
Taking steps to create a good foundation in the early days of your business is essential for a sustainable and profitable future. Here’s how.
Topics: startup, small business
Everyone would like to become a better investor. People get into a twist trying this method and that only to abandon them for the next new thing. There's an easier way, and it involves following a few simple suggestions.
Topics: investment, management
If your business hasn't gone through hard times, while great, is likely to happen at some point. As much as we'd like to think our businesses will never experience slow times, many aspects are beyond our control that can negatively affect the business.
The following are four tips, to help get your business through a difficult period.
Topics: small business, management
Any successful business owner will tell you; failure is an unavoidable part of your journey to greatness. In fact, almost 20% of businesses will experience failure in their first year, with many folding before their fifth year of operation.
End of financial year is quickly coming up, so it's time for businesses to take stock, to ensure that companies operate tax effectively and ensure business finances are in order for the coming financial year.
Topics: small business accounting, taxation
Recently the opposition leader Bill Shorten announced the ALP’s intention to change the way credits are allowed on Franking Credits stating it only helped the rich and big business. Either Mr Shorten is totally ignorant… Read more
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