Business News
The latest from Jules and the Breese Dynamics team.
NSW Covid-19 Recovery Grant
If your small business has experienced a decline in turnover as a result of COVID-19, you may be eligible for a recovery grant of between $500 and $3000 to help you meet the costs of safely reopening or up-scaling your business. These expenses include, but are not...
Single Touch Payroll – are you ready?
As you would may be aware from 1 July 2018, employers with 20 or more employees will be required to report to the ATO using Single Touch Payroll (‘STP’). Real Time Reporting to the ATO STP requires employers to report to the Australian Taxation Office (‘ATO’)...
Superannuation Changes 2017
With less than 7 weeks left to take advantage of topping up your super balances before the new, more restrictive superannuation regime comes into force on 1 July 2017 now is the time to seek advice to take advantage of the current superannuation concessions, as...
Employee or Contractor myths – written agreements
Stating in a written agreement that your worker is a contractor doesn’t mean they are, nor does it protect you from potential penalties for getting it wrong. This is a myth. The fact is, if your worker is legally an employee, having a written agreement will not:...
How I saved a Small Business $8000 in 24 hours
Everyone loves a feel-good story and it only took one Saturday morning to achieve this remarkable result. All too often I’m called in when clients feel something is not quite right with their books but they have no means of working out why.
Financial Year End Tax Planning TIPS
End of financial year is a time many businesses dread because it means additional time spent ensuring their accounts are up to date and in order.
Credit Rating Changes in Australia – effective March 2014
This post comes with a 'warning' and reasons why you should not pay your bills late from March 14. New credit laws come into play mid March 2014 so everyone will need to pay their bills on time or run the risk of a bad credit rating that will mark you for 5 years! Fur...
WEConnect International – Empowering Women Globally
I have recently become a certified assessor with WEConnect International, a corporate-led non-profit that helps build sustainable communities by empowering women business owners to succeed in local and global markets. Since 2009, WEConnect International has provided...
Workers Comp reforms announced today
Click on link to read Media Release Workers Compensation Changes
Account Reconciliations
All companies need to regularly reconcile their general ledger (GL) accounts as a key function of their accounting. Given the time and effort spent on reconciliations it is critical that the process is efficient and effective. We cover the important principles of...