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...
Find out more about the ban on single use plastics and what you can do to get your business ready.
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.
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...
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.
If you’ve wondered whether your food based business could benefit from using delivery apps, here’s some food for thought. With so many delivery apps to choose from, it’s never been easier for someone to have a meal, snack or special treat delivered to their door. If you run a food based business, you might have wondered if it’s time to get your...
Starting his business five years ago and completing nearly 20 of our SBDC business skills workshops so far, Laundon Peacock is someone who loves to learn! Here he shares some of his experiences and lessons from his videography business, LP Visuals. Laundon Peacock launched his small business, LP Visuals, while he was a university student. What...
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...
On 1 July 2024, Business Local became SBDC Regional. While the name has changed, we’re still here providing you with free business advice and support in your area. Find your SBDC Regional provider . For self-taught bakers Sam Dawson and Rhiannon Moon, their successful business story has hinged on ingenuity, opportunity and sheer hard work – all in...
