Ideas

Everything begins with an idea

One of our core values is ‘learning’ so we aim to share business ideas and discussions with the food industry to prompt business owners to make better decisions and ask challenging questions. Information within our blog and website is general advice only which is available in the public domain. It is not tax advice. Tax, payroll and compliance information changes on a regular basis so always refer to Fair Work, the ATO, Tax or BAS Agents and state or industry bodies for compliant advice relevant to you.

  • No More Tax Deductions for ATO Interest Charges

    No More Tax Deductions for ATO Interest Charges from 1 July 2025 If you’ve ever had to pay interest on a tax debt, you might’ve been able to claim that cost as a deduction on your tax return. But that’s changing soon. Starting 1 July 2025, the ATO is tightening the rules. You won’t [...]

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  • Public Holiday and payroll for cafes and restaurants

    Understanding Australian Public Holidays: What Employers Need to Know

    Understanding Australian Public Holidays: What Employers Need to Know Public holidays in Australia are more than just days off — they come with legal obligations for business owners, especially in the hospitality industry where trading doesn’t always stop. Let’s break down when public holidays occur, how they differ by state, and when employees must [...]

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  • SUPER INCREASING TO 12% ON 1 JULY 2025

    ATO Superannuation Guarantee Increase to 12%: What It Means for You The Australian Taxation Office (ATO) has confirmed the scheduled increase of the Superannuation Guarantee (SG) to 12%. This move, part of the government’s long-term retirement savings strategy, aims to provide Australians with a more secure financial future. But what does this mean for [...]

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  • Cafe with cyclone and rain

    CYCLONE ALFRED DISASTER RELIEF & GRANTS

    Disaster relief and grants are starting to emerge in the wake of Cyclone Alfred.  Posted 11 March 2025. QLD and NSW businesses had had damage and lost income to both businesses and employees. We have researched links to assist with finding grants and relief at a local, state, federal level. While this post is [...]

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  • Cafes exposed to cyclone conditions.

    Shutdown or Stand Down during Natural Disasters

    In the event of natural disasters, workplaces may be affected, leading to temporary closures or employee stand-downs. Employers and employees must be aware of their rights and obligations during such events.  Employers should consider all available options before making the decision to stand down their employees. Stand Downs  A stand down under the Fair [...]

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  • Restaurant Bookkeepers manage super cash every pay day

    PAYDAY SUPER PAYMENTS ARE COMING

    Treasury has a target date of 1 July 2026 to introduce payday super payments. This means that employee super will be paid to the super funds every pay day - not quarterly. While this may seem like an added task, most small to medium businesses will be able to manage cash flow better. The [...]

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  • Clear Terminated Employees Off Payroll Now

    Employees who have left your business, must be terminated correctly in payroll software.  Now that payroll software is electronically connected to the ATO via Single Touch Payroll (STP), the ATO has direct visibility on aspects of your payroll systems. Software such as Xero, foundU, Employment Hero (formerly KeyPay), MYOB and more, have built-in compliant payroll [...]

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  • What is PAYGI on my BAS?

    If you have noticed a large $$ jump in your latest BAS liability, but not an increase in sales or wages, it may be because your business must now pay PAYGI.   This is the acronym for Pay As You Go Instalment tax. PAYGI is different to the PAYG tax on an employee's pay slip.  Yet [...]

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