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.

  • We will show you how to find the correct award for restaurant, cafe, hospitality employees and calculate wages when public holidays occur. Calculating hospitality wages can be confusing at the best of times. Even more so when a public holiday arises. It seems that they never add up. Understanding the awards can be confusing. We [...]

  • Sometimes employees owe employers money at the end of their employment. (That was a tricky sentence!) This occurs for various reasons. For example: repayment for buying products, cash loan, till shortages, rent or benefits with a payment plan, over-claimed holiday or personal leave, overpaid wages, errors etc. When the employee finishes work, you want your [...]

  • Did you know that every new employee in Australia must be given a copy of the Fair Work Information Statement 2019 (FWIS)? Regardless of their role or employment type, it must be given to the employee before, or as soon as possible after they start their new job. Failure to provide the FWIS to employees [...]

  • A person using bookkeeping solutions online

    Every quarter of each financial year, your business must meet certain reporting obligations set by the Australian Taxation Office (ATO). These include Business Activity Statements (BAS) and Pay as you go (PAYG) withholding.  While some businesses may meet these obligations on a monthly or annual basis, most businesses lodge their reports and payments every 3 [...]

  •  When you are out and about, it can be tricky to not lose receipts. Solution: simply snap a photo of the receipt and upload to Hubdoc. There are a number of great receipt scanning apps on the market. I have clients using Receipt Bank or Hubdoc depending on their needs. But I'm going to [...]

  • What are Modern Awards and why do reviews matter? Modern Awards are in place to ensure employers and employees are following the legal requirements and conditions of employment, including employee entitlements. The Modern Awards came into effect in January 2010 and cover over 100 industries across Australia. One of the Modern Awards is the Hospitality [...]

  • business tax invoice receipt

    You may be wondering why your bookkeeper wants you to keep all the little business receipts or tax invoices from every single thing that you buy. No, we aren't trying to annoy you. We want to: Get your business numbers to be the best reflection of how it's performing (accurate numbers = better business decisions) [...]

  • are payslips compulsory Fair Work

    Are payslips a legal requirement? Yes, payslips are mandatory under Fair Work. All employees must be issued with a payslip at every pay event, regardless of how much time has been worked. It is compulsory for business owners to issue payslips within 1 working day of paying employees.  Fair Work inspectors can give employers a [...]

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