The way you report employee payments and superannuation is set to change, with the Federal Government passing legislation to extend Single Touch Payroll (STP) to all employers. Under the requirements of STP, you’ll need to report payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation directly to the Australian...
If you’re like most small businesses, you’ve been using Single Touch Payroll (STP) since it was introduced by the ATO in 2019. Now, it’s time to plan your transition to STP Phase 2 reporting. STP reporting was introduced to streamline the way businesses report their employee’s payroll information such as tax and super. STP Phase 2 has been rolling...
Each year as the annual budget is handed down, there is a conversation about what’s in it for small businesses. While much of the analysis focuses on programs that are directly targeting SMEs, it is worth looking beyond the headline measures at how some of the investments open the doors for small businesses, either as part of the supply chain...
If you run a business in the fitness industry, here are some of the key things to know about the new Fitness Code, which will be in effect from 1 July 2021.
Find out more about the ban on single use plastics and what you can do to get your business ready.
Not every small business has the time or money to invest heavily in paid search marketing – but there are some simple strategies you can try to boost your online presence. Jordan Lomax is the director of The Social Lab and an expert on the changing landscape of search engine marketing in our increasingly AI-centred world. We asked Jordan how she...
When business owner Jorden Williamson opened a Pokémon Booster Box with a mate on Facebook via live a few years ago for fun, they didn’t envision it would lead to opening a popular bricks and mortar shop in central Geraldton, WA. The trading card enthusiasts who have been friends since they met as teenagers, were having a quiet beer one night when...
Have you heard about small businesses having their Facebook and Instagram accounts wrongfully shut down, in some cases severely impacting their business? Here’s a look into what has happened and how you can help to protect your business from the impact of something similar. Many WA businesses rely on their Meta accounts (which include Facebook and...
As a business owner, there might be times when you have uncollected goods from your customers sitting on your premises. This might include furniture or equipment left behind in a space, or something your customer never came back to collect, such as a watch or even a car left for repairs which turned out to be more than the value of the item itself...
Need the help of a contractor or service provider to help your business? Whether you work from home or run your business from an office or other premises, at some stage you’re likely to need the services of a contractor to help in areas you either don’t have experience in, or don’t have time to take care of. You might need a new web design, an SEO...
Buying a franchise can be a great pathway to running your own business. Before signing on, make sure you’ve sought advice and considered these seven key areas.
As a small business owner, it’s important to pay yourself a regular wage – and it’s just as important to make sure you pay the right amounts of tax and super too. Here’s your quick-start guide to paying yourself in your business. Step 1: Start with your business structure The way you pay yourself depends on the structure of your business. We have...
