New Rules for Fixed Term Contracts

New Rules for Fixed Term Contracts

From 6 December 2023, new rules apply when engaging employees on fixed term contracts. These changes include:- Time Limitations- Renewal Limitations- Consecutive Contract Limitations A fixed term contract terminates at the end of a set period (for example, the...
PAYG Instalment Methods

PAYG Instalment Methods

Understanding and Choosing the Right Method for a Business Pay As You Go Instalments or PAYG Instalments are implemented by the Australian Taxation Office (ATO) to help businesses and individuals meet their income tax obligations throughout the financial year. It is...
Annual Shutdown Guide

Annual Shutdown Guide

It is coming to that time of year again where Christmas is around the corner and the New Year follows shortly thereafter. While it is commonly a time for celebration and an annual vacation, it can be a complex time for your Bookkeeper. The complexity comes when...
Our Top 5 Apps for Small Business

Our Top 5 Apps for Small Business

A Digital Era In today’s digital world, technology has revolutionised the way small businesses operate. With the advancement of mobile and web applications, there are a plethora of tools available to manage and grow your business. That being said – there...
Managing Small Business Debt

Managing Small Business Debt

How a Bookkeeper Can Assist a Business in Financial Trouble Bookkeepers can play a crucial role in identifying the signs of a small business in debt. By closely monitoring the financial records and analysing key financial indicators, they can spot warning signs that...