On November 13, 2020

Embrace Go Local First

Australia has over 3.5million small businesses. Small businesses contribute to a third of our economic activity, keep millions of Australians in jobs and are responsible for paying wages to almost half our workforce. They are vital to our everyday lives – especially now we are trying to find the way to economic recovery. Go Local
On November 13, 2020

JobKeeper 1.0 changes into 2.0

7th September 2020 Update: It is now Law. JobKeeper 2.0 Less employers, less employees, lower rates and two different tiers.And Fair Work JobKeeper discretions continue (for some). Which Employers? If the business currently receiving JK experiences an ongoing decline in actual GST Turnover of 30% (50% large, 15% NFP). Or A business is allowed to
On May 5, 2020

COVID-19 Business Support

There is plenty of information coming out about the current stimulus packages. You already know about Cashboost and JobKeeper. But do you know about: Rent relief Power bill relief Bank charges/merchant fee/interest relief Business Loans with generous terms ATO debt relief Fair Work changes to some Awards to allow for standdowns, changes of hours, and
On April 8, 2020

Auskey is ceasing on 27th March 2020

  Any business that uses the Governments Small Business Superannuation Clearing House directly will NOT be able to use Auskey after 27 March 2020. The March quarter super payments are due before 28th April! Auskey is ceasing on 27th March 2020. Business will have to: Have the authorised person of the business establish their myGovID
On August 24, 2018

Xero Tip: Setting up 2 Step Authentication (2FA)

From 11 Sep 2018, Xero is making it compulsory for users who have access to sensitive data (eg. payroll, the subscriber, and anyone who can change bank details in the software) to have increased security when logging in to the software. This is to reduce the risk of internet hackers using their login to change
On August 24, 2018

Business Information Sheet – Cyber Security of Your Software

Backup of Computers and all Data Backups are essential. Offsite, remote or cloud backup is the best option; you can “set and forget”, and it then happens automatically in the background. Alternatively use an external drive and schedule regular backups, e.g. at the end of each work day. Electronic Document Storage Electronic storage of business
On November 17, 2017

Am I in business?

When does a hobby become a business? We often get asked: at what point does a growing hobby need to be registered as a business? Here are some handy pointers: Business Victoria: So you want to start a business? ATO: Are you in business?
On November 17, 2017

How do I start a business? Info for startups

We’re always being asked: how do I get my great idea off the ground and start earning a living from it? Well, we’ve been there and done that, and work with plenty of business owners who started with a side project before turning it into a profitable startup! Here’s a compilation of some sites to
On July 24, 2017

How to customise QBO invoices

How to Create Custom Invoices in QBO We are often asked: how do I create a customised invoice in Quickbooks Online? Well if you want to use one of the styles QBO has on offer, there is a link to the guide here: http://www.intuit.com.au/r/product-updates/invoice-customisation-deep-dive/ There are only a few pre-determined styles to choose from, however, and
On June 9, 2017

Business Information Sheet – Simpler BAS Bookkeeping Guide

What is GST? Goods and services tax (GST) is a broad-based tax of 10% on the value, (i.e. 1/11th of the price), of most goods, services and other items sold or consumed in Australia. There are some transactions that are GST-Free or GST-exempt. Businesses that are registered for GST will: include GST in the price