Answers to Common Questions on Single Touch Payroll and Reporting We have had a lot of enquiries following the changes to payroll and reporting requirements, not only from clients but from all over, so we thought we would get something together to help answer some of the more common questions. Of course, we invite you…
Many businesses discover solutions to their own industry challenges, only to realise they’re sitting on an opportunity that could transform their business globally. The question is: could you be sitting on such a goldmine? Identifying Opportunities in Your Industry As a business owner, you’re intimately familiar with the challenges of your industry. If you’ve tried…
A couple of years ago, pre covid, Chris Morris wrote the below article- Future Proofing Your Business: A Road Map for Digital Transformation. This has proven to be extremely relevant given the events since it was written and so we have updated it for today’s environment. Exploring the options and benefits of digitalisation, automation, and the…
Making Your Life Easier with STP Everyone should be aware of the changes regarding Single Touch Payroll (STP) and the reporting requirements that come with it. For those that need a refresher, we have put together a quick recap. STP Reporting Start Dates If you are an employer with 20 or more employees, you will…
What is Fringe Benefits Tax or FBT? A fringe benefit is a benefit provided in respect of employment, essentially a benefit provided to an employee (or their associate) because they are an employee. An example of a fringe benefit being provided to an employee may be one of the following: Allowing your employees to use…
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…
Understanding The Value of a Minimum Viable Product When it comes to commercialising an innovative idea, as business owners we often fill driven to have everything absolutely perfect before we feel comfortable releasing that idea to market. But is this the wise way to go about it? Of course, you may have put time, effort…
Welcome to Spring! We have had a frenetic month with our Businesses Driving A Difference Seminar on 22nd August. The night was a huge success with over 220 businesses registered to learn more about how they can have a greater corporate social responsibility and make a difference in our community. Thank you to all those involved in…
New Legislations and Guidelines For Financial Year 2019 The new financial year is now in full swing! So too are some of the new legislations and guidelines that may affect the way you report to the ATO for the 2019 financial year. First off, I encourage you to read our FBT blog (FBT Exempt Vehicles…
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