Stapling of Superfunds: What is it, and what do you need to do?

There’s some new rules coming into effect from 1 November for ‘Stapling’ of superfunds to employees, and as an employer there are a few things you may need to do to get ready. But before we get into that, let’s take a look at what “Stapling” actually is. Put simply, Stapling is an Australian Government superannuation reform that means an existing super account is linked, or ‘stapled’, to an individual employee so that it follows them as they change jobs.

Keep Score and Drive Performance in your Business

The scorecard becomes the marching orders of the organisation, a simple set of metrics that gives clear focus and direction of the business. Despite it being over 20 years since the BSC was first devised, this remains a powerful tool to have in your business toolbox.

QLD Government announces 3 business grants

In an effort to make Queensland the place to be for small business, three new grants programs worth $25 million over two years have been announced by the Queensland Government. The announcement comes during Small Business Month; the theme of which is ‘bounce back better’.

2021 Federal Budget overview

Only twelve months ago we were in the thick of a Covid recession, but according to Josh Frydenberg “Team Australia” is bouncing back. It comes with the announcement of the 2021 Budget, which promises $30 billion in tax cuts. Here’s some highlights for small-medium business owners, as well as families.

Time for Tax Planning

Every year, after the March quarter ends we commence tax planning with our clients. Whilst most accountants offer this service, there are a few things you can do within your business to help the process along or consider prior to speaking with your accountant.

Single Touch Payroll – What you need to Know

The commencement date for Single Touch Payroll (STP) is fast approaching, so what is it and what do you need to do to prepare?

Downsizer Super Contributions: Options to Boost your Super

Whilst we were all enjoying the Christmas break, the passing of the downsizer superannuation contribution (DSC) legislation occurred. So what is this additional form of contribution and what are the specific criteria that is required to be met?

small business owner deals with cash drought

6 Ways to Deal with a Cash Drought

Sometimes it can feel like someone’s turned the tap off on your cashflow – we’re exploring what to do when this happens to get the cash flowing again.

2016/2017 Federal Budget Overview

What The 16/17 Year Budget Means for Families and Personal Tax

Do you need an Insider or an Outsider?

When it comes to succession planning we often look outside the business for the next CEO rather than internally. In a recent HBR article Joseph Bower explores the trends in S&P 500 companies, finding that 80% promoted insiders in the past 12 months. So, which strategy is more successful and why?

Reminder

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