What does Automation mean for your Accounting?
There is less than two weeks until our last Business Booster event for 2022. This event will be a little different from those we’ve had in the past. The How to Retain and Find Staff for your Business event will be a panel discussion. Kim Acworth, from Acworth Recruitment and Darrin Drew from Business360, will be sharing insights about how to find staff in the current climate, and what we can do to retain the current staff we have. This will be a highly interactive event, where participants will have to opportunity to ask questions to people who are working in Recruitment and HR. There is still time to register, and you can do so here! Our main article this month discusses the road map for digital transformation. It Explores the options and benefits of digitalisation, automation, and the use of Artificial Intelligence (AI). With automation and the adoption of AI, you can find ways to keep abreast of technological changes that may benefit your business and help you provide a better work environment for your staff while reducing business costs. In our other articles this month, we investigate the advantages and disadvantages of Business Intelligence, how you can use automation to help your cash flow and the potential discuss the potential FBT Free Electric Car bill that has been introduced into Parliament. As your business advisors and accountants, we are here to work alongside you and provide everything you need to make the important decisions around your business. Kind Regards, Leon Stephan Partner
A Road Map for Digital Transformation
Advivo Partner, Chris Morris, explores the options and benefits of digitalisation, automation, and the use of Artificial Intelligence (AI) to provide better Business Intelligence.
Read more here.
Advantages and Disadvantages to Business Intelligence (BI)
BI has been around for a few years now, but why isn’t everyone using it, or using it more than they already are? We discuss some of the key pros and cons of adopting BI for your business.
How to Use Automation to Help your Cashflow
We understand that taking control of your cash flow and managing debtors are challenging elements to running a successful business. So here are some ways to use automation to improve your productivity and cash flow.
Electric Car Discount Bill introduced into Parliament
The Electric Car Discount Bill 2022 has been drafted and it includes removing the 5% customs duty and it also makes eligible Elective Vehicles exempt from FBT. What does this mean for business owners?
How to Retain and Find Staff for your Business – A Panel Discussion
Date: Wednesday 26th October
Time: 1 – 2pm Location: Online via ZoomThere is still time to register for our final Business Booster Event for 2022 where we will be having a panel discussion with Kim Acworth from Acworth Recruitment and Darrin Drew from Business360. This will be a highly interactive event, where participants will have to opportunity to ask questions to people who are working in Recruitment and HR. This event will be majorly driven by participant engagement, but we will be discussing the broader topics of Staff Retention and Recruitment. Kim and Darrin will be sharing advice about how to keep the staff you have and how to recruit new talent in this competitive space .
Advivo's Charity of the Month!
Don’t forget if you would like us to include a charity of your choice, just drop us a line at info@advivo.com.au
Staff Spotlight: Anthony Greenhill
Using Advivo’s MSPs, he aims to maximise his client’s financial opportunities and help them grow in the field to better their financial situation.
His favourite place in the world to visit is Hakuba, Japan for the premium snowboarding slopes and if he could have any super power, it would be teleportation!
Anthony’s main interest is soccer, and he plays in social and competitive clubs in his spare time, even making it to Nationals for Futsal in 2018. He attributes his discipline, teamwork, organisation, and self confidence to his time playing.
Key Dates:
- Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount or use the rate method to calculate the instalment.
- Lodge and pay quarter 1, 2022–23 PAYG instalment activity statement for head companies of consolidated groups.
- Lodge and pay September 2022 monthly business activity statement.
28 October
- Lodge and pay quarter 1, 2022–23 activity statement if electing to receive and lodge by paper and not an active STP reporter. Pay quarter 1, 2022–23 instalment notice (form R, S, or T). Lodge the notice only if you vary the instalment amount.
- Make super guarantee contributions for quarter 1, 2022–23 to funds by this date.
- Employers who do not pay minimum super contributions for quarter 1 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement by 28 November 2022.
- Note: The super guarantee charge is not tax deductible. Lodge and pay annual activity statement for TFN withholding for closely held trusts where a trustee withheld amounts from payments to beneficiaries during the 2021–22 income year.
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