OUR CHECKLIST We often get asked, typically by new business owners, what they need to do when they start hiring staff. The answer – a lot! There is a wide range of great information on

Key Message Be wary of any change to bank accounts via email, and unless you are happy paying an invoice twice you should always confirm a bank account change via a known phone number (and

Summary Your SMSF deed contains the “rules” that your SMSF must abide by, and these are in addition to the rules set down by the Law. Often, trust deeds contain rules that mirror the Law

Action Points Every company Director will be required to obtain a Director ID number with registrations opening from 1 November 2021. Existing Directors will have 13 months to get their Director ID – and while

Action Points From 1 November 2021, when an employer takes on a new staff member, they may be required to ask the ATO if they have a “stapled” superannuation fund that they should make future

Action Points On 8 October 2021, the Victorian Government released a public health order that all employers that employ workers in certain industries cannot allow non-vaccinated workers to work from anywhere other than their homes.

As we continue to remain locked down as we approach the required vaccination rates, the Victorian and Federal Governments are continually changing the support available to individuals and businesses. Key Links We suggest you keep

This article will go over how to create your MyGov Account, link it to the ATO, and how to access your ATO information. It will also cover adding any businesses or other entities you control

Summary The Victorian Small Business COVID Hardship Fund offers $10,000 to businesses that suffer a 70% decline in turnover due to COVID restrictions. An “accountant’s certificate”is preferred in order to verify this decline in turnover.