Free Cyber Security Training
Posted on April 1, 2024 by Roslyn Little
Backed by the Australian Government. Cyber Wardens is a 45 minute program built to support small business owners to stay safe from cyber attacks.
Technology and Skills and Training Boost (Budget)
Posted on May 5, 2022 by Roslyn Little
For every $100 a small business (with aggregated turnover of less than $50 million) spends on digital technologies will receive a $120 tax deduction. The boost will apply to eligible expenditure incurred from 29 March 2022 to 30 June 2022. There is also a similar skills and training boost. This is not currently law but has bi-partisan support. Time to talk to your accountant for details. Better sooner than later in case you miss out.
Automatic Document Signing in Xero
Posted on April 19, 2022 by Roslyn Little
DocuSign has announced a partnership with Amaka to build its first official accounting integration with Xero. The integration, now available globally through the Amaka portal, will allow users to automate document signing by syncing Xero documents with DocuSign eSignature for signing electronically, before pushing the finalised document back to Xero. The Amaka-powered integration, built using the DocuSign eSignature API, will capture the Xero documents such as invoices, bills, quotes, expense claims and purchase orders. APAC group vice-president and general manager at DocuSign, Dan Bognar, said the ability to electronically sign important Xero accounting and finance documents would deliver an elevated […]
Superannuation Changes
Posted on October 28, 2021 by Roslyn Little
Amendments to superannuation law introduced into Parliament on Wednesday (27 October) will, among other things, ensure the removal of a structural discrimination, in place since 1992, which has barred employees with an income of under $450 per month from accessing the superannuation guarantee. The $450 threshold removal was part of the government’s budget promise to women and was flagged as a move to ensure low-income earners, particularly women and younger Australians, have access to adequate retirement savings. Commenting on the government’s introduction of legislation that will scrap this barrier, the Association of Superannuation Funds of Australia (ASFA) said if Parliament approval is […]
Skills Shortages
Posted on September 20, 2021 by Roslyn Little
With Australia’s border closures preventing the arrival of technical and skilled workers from overseas into the country, businesses are now having to fight for available resources and things are about to get tougher for small businesses, according to Ms Newbound, head of business services firm Accuratus. “This is especially evident in tourism and hospitality where our clients are being hit hard by this shortage and unable to fill shifts in wineries and restaurants,” Ms Newbound said. “Many skilled workers are now able to name their price as the employment market heats up. Small businesses, already impacted by lockdowns, are finding […]
Covid19 Disaster Payments
Posted on August 4, 2021 by Roslyn Little
On Tuesday, the Treasury Laws Amendment (COVID-19 Economic Response No. 2) Bill 2021 was introduced into Parliament, confirming Prime Minister Scott Morrison’s comments that COVID-19 disaster payments would now be tax-free. Under the change, COVID-19 disaster payments dating back to its introduction on 3 June will now be non-assessable non-exempt income, meaning recipients will take home more than they did under the $90 billion JobKeeper wage subsidy program, which was taxed. Workers who lose 20 or more hours of work a week will receive $750 a week, while those who lose between eight and 20 hours will receive $450.
Outsourcing your Bookkeeping
Posted on June 25, 2020 by Roslyn Little
Glimpse Of Outsourcing Most mid-sized businesses face the challenge of time ‘n’ cost constraints which leave no time or energy for more profitable and productive yakka. Subtle duties like daily bookkeeping can help save some time and money to grow your business. The choice of hiring an in-house team or outsourcing your bookkeeping needs is no choice at all with the assured benefits of outsourcing. Here are a few key reasons to show you just how outsourcing will leave you stoked. Increase the proficiency internal resources Outsourcing bookkeeping increases the internal teams productivity and proficiency. Ease in the management of […]
JobKeeper
Posted on May 14, 2020 by Roslyn Little
The JobKeeper payment is taking time to roll-out and the latest I heard is that it could take a couple of weeks. It started Thursday evening last week. Refer to the Facebook link at the top of the page for more information.
Comprehensive Update re Assistance re Coronovirus
Posted on March 26, 2020 by Roslyn Little
Assistance Federal Govt ATO Deferring for up to 4 mths payment of all tax debts prompted by BAS lodgements Allowing those on quarterly BAS to opt for monthly lodgement to allow faster access to refunds Allowing businesses to vary PAYG reportable for March2020 quarter to Nil whilst nonetheless accessing the PAYG grant (50%) by reference to their Sep19 and Dec10 BAS lodged Remitting interest and penalties incurred since Jan23 Allowing business to enter into low interest long term debt payment arrangements Note businesses will still be required to meet super obligations Cash flow assistance – SME See 3 above – grants […]
Boxcryptor
Posted on July 19, 2018 by Roslyn Little
Boxcryptor | Security for your Cloud End-to-end encryption “Made in Germany” for Dropbox & Co. Choose your cloud without worrying about safety and who can access it. https://www.boxcryptor.com/en/ This is a free utility for either storing information on line or sending it via email.