News

Losing sleep over Single Touch Payroll? You’re not alone

- May 2, 2019 2 MIN READ

Research by Reckon has revealed small business owners are feeling the stress of compliance as the July 1 deadline for compulsory single touch payroll reporting approaches. Half of the business owners canvassed for Reckon’s ‘In the Zone’ study confirmed they are already sacrificing health and wellbeing in order to stay on top of the admin… Read more »

Features

How will the black economy crackdown effect your business?

- November 7, 2018 3 MIN READ

In this year’s budget, the government vowed to tackle the $50 million that goes untaxed in Australia each year — commonly known as the black economy. The initiative isn’t designed to penalise compliant small businesses, but new regulations mean there will be significant changes for all. Incentives to encourage better accountability and reporting are also… Read more »

Finance

Federal Budget: 20k instant asset tax write-off extended

- May 9, 2018 2 MIN READ

Australia’s small businesses may see some relief this financial year with Treasurer Scott Morrison announcing the extension of the $20,000 instant asset write-off in the 2018-19 Federal Budget. The write-off was slated to end this financial year, however, it has now been extended until June 30, 2019. The instant asset write-off allows businesses to claim… Read more »