Find out more about the pros and cons of short term leases and one could be right for your business.
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...
We’ve put together this summary of temporary full expensing to help you decide if it is the right depreciation option for your business.
It’s no secret that the cost of practically everything seems to have risen. As a commercial leasing tenant, it’s important to understand the outgoing clauses in your lease, so there are no surprises later on. Our business advisers spend a lot of time speaking with small business owners across WA. One question appears to be coming up frequently in...
If you are applying for a grant via the SBDC, it’s now essential that you use myGovID to verify your identity before commencing your claim. What is myGovID? myGovID is a national digital identity tool that operates through smart devices, such as your mobile phone. It has been designed to help individuals prove their identity, in a similar way to a...
Small business owners with a business tax debt are encouraged to work with the Australian Taxation Office (ATO) to help manage it through a mutually acceptable plan. Dealing with financial stress while running a business can be difficult, and a tax debt notification from the ATO can be something you’d prefer to ignore. While it is often tempting to...
Sometimes the simplest business tips are the most important pieces of advice you can adopt, and that’s definitely the case when it comes to ‘get it in writing’.
Avoid putting your business at risk by checking that the agent you are using is actually registered.
When deciding to structure your business as a Pty Ltd Company, it’s important to understand exactly what protections operating under a company structure does and doesn’t offer. An incorporated company, often recognised by the addition of Pty Ltd after the company name, is one of the structures you may consider for your new business. A company is a...
Do you make promises to customers about what you’ll do if the goods or services they buy from you are defective? Any promises or guarantees relating to goods or services are classified as a ‘warranty against defects’, if made at or around the time they are supplied. As these promises are voluntary and often go beyond the protections provided under...
The recent launch of 13 regional and metropolitan TAFE Jobs and Skills Centres (JSCs) has provided a one-stop shop for small businesses looking to recruit or train staff. The centres provide careers, training, and employment advice and assistance and serve as a direct link between businesses seeking staff and TAFE trainees and apprentices looking...
Follow these tips to help you effectively oversee occupational health and safety matters in your business.
