by Greenhalgh Pickard | May 29, 2019 | Articles
Are you a tradie running your own business? Did you know it’s important to keep records of your finances? Good record keeping will help you stay on top of your tax and super, and track how your business is going. You need to hang on to your records for five years, so...
by Greenhalgh Pickard | May 17, 2019 | Articles
If you are a director, you can become personally liable for the company’s unpaid pay-as-you-go (PAYG) withholding, superannuation guarantee (SG) and superannuation guarantee charge (GC) payments to the ATO under its “director penalty regime”. Since 2015 the failure to...
by Greenhalgh Pickard | Apr 8, 2019 | Blog
The Federal Government’s amendment to the Fair Work Act through the Protecting Vulnerable Workers Act 2017, now requires employers disprove wage claims made in a court if they don’t meet their record-keeping or pay slip obligations and cannot give a reasonable excuse....
by Greenhalgh Pickard | Mar 28, 2019 | Blog
As a small business employer you would have by now heard of Single Touch Payroll (STP) reporting and perhaps haven’t really had to pay much attention until now….. Single Touch Payroll is the next step in streamlining your payroll reporting. It will change the way you...
by Greenhalgh Pickard | Mar 20, 2019 | Blog
Effective 29 January 2019 The small business instant write off threshold increases to $25,000!! Plus has been extended up to 30 June 2020 – great news for small business operators Effective 1 July 2019 SMSF maximum allowable members has increased from 4...
