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.
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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 [...]
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 [...]
How To Track My ATO Balance in Xero
Most hospitality businesses have fallen into this situation, especially during the COVID pandemic - Cash flow fluctuated like a feast [...]
How to Choose a Business Mentor
It can be tough to find business mentors that add value. You want to like your mentor and become mates. [...]
Can I get JobMaker for my business?
JOBMAKER is replacing JOBKEEPER As JobKeeper winds down, the new program of JobMaker Hiring Credit scheme is ramping up. It’s [...]
10 Steps to Balancing Xero for Compliance
Reconciled and accurate Xero files may be the difference to getting a government cash incentive or not. Or securing that [...]
Financial Relief & JobKeeper during coronavirus (COVID-19)
Regular updates on JobKeeper, Financial Relief and Government's Economic Response to Coronavirus COVID-19 - - Simplified and much more. This [...]
