In the past 12 to 18 months, there have been some important changes to the rules surrounding self managed superannuation funds that you should be aware of, namely: Changes to rules about who can audit

BUDGET SUMMARY The Government has been clear: the way out of our budget crisis is to create jobs and grow the economy, and the Government has used this to include a focus on women –

Action Points All wages must be reported via Single Touch Payroll  from 1 July 2021 – and this includes payments to owners. If you do not have payroll software, now is the time to get

Action Points Employers must provide a “Casual Employment Information Statement” (obtained from the below links or directly here) to all casual employees ASAP. Employers should also immediately review their casual employees to ensure they meet

HOW PASSWORDS ARE CRACKED There are a few ways that hackers can gain access to your online services – some cleverer than others – but the main ones we’ll focus on here are: Data breaches

THE PROBLEM With digital being the primary method of communication these days, it’s important to ensure that you are receiving the emails you should be. This is primarily done with the following methods: Add the

WHAT IS A VIRTUAL BANK? To put it simply, Virtual = Online. It is a bank with no physical branch. While all banks have online capabilities, a virtual bank is designed from scratch to work

NOT YET LEGISLATED It is important to note that any announcements made by the Government are not guaranteed to become Law. These announcements need to pass Parliament first, and it’s possible that the Government may

UPDATE 23/07/21: The following links will also be of assistance should you be looking for more up to date info… https://www.charteredaccountantsanz.com/news-and-analysis/news/summary-of-vic-covid-19-business-support goes over all of the Government support available for Victorian businesses and employees (there