Easily Track Your Transactions and Business Records With ReceiptBank How often have you looked at your business records and struggled to work out what a transaction was for in order to correctly allocate it or answer the inevitable question from the accountant? You can’t remember what it was for, because it was a long time…
Know If Your Business Can Take Advantage of the Instant Asset Write-off On 29th January 2019, the Prime Minister (Scott Morrison at the time) announced that the government will propose legislation to increase the $20,000 instant asset write-off threshold to $25,000 from 29 January until 30 June 2020. This is proposal and not yet law.…
Update on the Period of STP Reporting On Tuesday 12th February 2019 the extension to the Single Touch Payroll (STP) Bill was passed by the government. The result of which now requires all Australian businesses will be required to comply with STP reporting from July 1, 2019. What is STP Reporting? For those who have…
Key Points to Remember in Keeping Your SMSF Compliant A self-managed super fund (SMSF) is a way of saving for your retirement. It is different from a regular super fund as the members are usually also the trustees. This means the members make the investment decisions for the fund and are responsible for complying with…
You May Need To Renew Your PPSR Registration Time is up! It has been 7 years since the inception of the Central Registry, developed as a result of the Personal Property Securities Act 2009 (PPSA). If you registered at the time, you may need to renew your PPSR registration, if you are not sure, just…
Keep the ATO Happy and They Will Work with You Better Whether you’re an individual, a new business or have been “in the game” for a long time, there is one government agency we all have to report to…the Australian Taxation Office (ATO). Now, for some this may seem daunting, especially when you’re taking the…
Special Service To Help You Grow Your Childcare Business At Advivo, we have recently introduced our specialty service in the Childcare arena. Our presence in the market has steadily increased by consulting with several childcare businesses in the southeast and we are starting to see the “fruits of our labour”. We want to share with…
Advivo March 2019 Business Seminar – ‘Speed Dating’ Style We understand businesses and our clients are confronted & challenged by an enormous range of issues and changes while also maintaining the day to day operations, not to mention the legislative changes and compliance that applies to different industries. Education is key and an important…
Easy-To-Use Business Scoreboard To Ascertain Your Business’s Health January is the time to take a step back and reflect on the financial year to date. At Advivo, we understand that business owners are busy at this time of year. However, prioritising a monthly processing of financials and undertaking regular reporting will help you to identify…
Keep Up With The Changes To Payroll We have written a length about the changes to payroll over the last months, Single Touch Payroll has been one of the bigger changes that are happening, but there are more! Minimum Wage The Minimum wage review was completed by the Fair Work Commission and the new rates…
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