Single Touch Payroll is Mandatory (even if you are your only employee)
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
New Rules For Casual Employees
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
Using Secure Passwords
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
Email Deliverability
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
The Rise of Virtual Banks (AKA NeoBanks)
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
Federal Budget 2020
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
Some Victorian COVID Grants Are Not Taxable
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
JobKeeper 2.0 Alternate Turnover Tests
Check out our easy to use Alternate Test Calculator at https://www.mcaaccountants.com.au/download-files/9025/ With 4 days until JobKeeper 2.0 begins, the Government has released the alternate tests available to businesses when working out if they have suffered
Further JobKeeper 2.0 Clarity
This follows our previous post which can be read at https://www.mcaaccountants.com.au/resources/blog/vic-covid-support-jobkeeper-update/. Further clarification – but still not complete clarification – on the operation of JobKeeper 2.0 was released by the Government on 15 September 2020.
