An envelope with 981 messages - ATO changes blog image

Are You Across the ATO Correspondence Changes?

Advivo Business Advisors and Accountants explain the new changes to ATO correspondence.   For years, Advivo (like most accounting firms) has been receiving correspondence from the ATO and other relevant government bodies on behalf of our clients, which we peruse before sending on to you. However, we are now more commonly finding that this information is…

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Get Ready for Single Touch Payroll (STP) Phase 2

The team at Advivo Business Advisors and Accountants explain what you should expect from the expansion of STP.   Single Touch Payroll (STP) works by having employers report their employee’s tax and super information to the ATO each time a pay run is processed. In the 2019-20 Budget, the Government announced that STP would be expanded to include additional information. This…

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Is your business ready for digital transformation?

The team at Advivo Business Advisors and Accountants share insights on digital transformation and the benefits for small business.   Digital transformation is essential for businesses of any size to stay relevant and competitive in today’s market. For a small business with a limited budget, it could sound like an intimidating undertaking. However, you simply…

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Stricter Provisions for Casual Employment

Business 360 explain all you need to know to discuss and review your current casual employment arrangements.   From 27 March 2021, businesses are required to issue the Casual Employment Information Statement (CEIS) to all new casual employees when they start work. This document explains to casual employees’ their rights to become permanent if they…

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Is Your Bookkeeping and Payroll Accurate and Efficient?

Advivo Business Advisors and Accountants explain the benefits of accurate and efficient bookkeeping and payroll.   The importance of accurate Bookkeeping We understand better than anyone that bookkeeping is an essential part of your small business and without accurate and efficient bookkeeping, your accounting will be inaccurate. To properly manage your business, you need to…

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Tax Planning Strategies for Your Business

Advivo Business Advisors and Accountants explain how having effective tax planning strategies will assist to minimise your tax.   Effective tax planning minimises tax liability so that you are not paying more tax than necessary.  We have compiled some strategies which you may find useful for your business.  These can be implemented at any time…