Bookkeeping Services at Macquarie Business Accountants
No matter what business you operate, there’ll always be bookkeeping. Sometimes the task distracts a business owner from what’s really important – running the business. [...]
Are you paying your staff correctly? Woolworths $200m plus remediation
Woolworths is the latest company facing a fallout from the underpayment of staff. In what is believed to be the largest remediation of its kind, [...]
The new rules for calculating the Super Guarantee for employees
From 1 July 2020, new rules will come into effect to ensure that an employee’s salary sacrifice contributions cannot be used to reduce the amount [...]
Don’t fall victim to employee fraud – learn the warning signs
Billing schemes. Skimming. Cheque tampering. Employee fraud is a real risk for business owners. In fact, according to the Association of Certified Fraud Examiners 30% [...]
New pay rates from 1 July
New pay rates came into effect from 1 July 2019 with the minimum wage increasing by 3% from the first full pay period. The new [...]
Single touch payroll exemption for directors and family members
The ATO has provided a concession from single touch payroll for payments by small employers to closely held payees. Single touch payroll (STP) was extended [...]
How to set an hourly rate for casual workers
For many small business owners, hiring workers on a flexible basis is ideal – especially if paying regular salaries isn’t in the budget and/or the [...]
Single Touch Payroll – 1 July is fast approaching, will you be compliant?
We are a Xero Single Touch Payroll (STP) ready practice. This means we have completed the training required to offer STP services to businesses and [...]