Payday Super Starts 1 July 2026: What Gold Coast Employers Need to Do
From 1 July 2026, the way every Australian business pays superannuation changes. From 1 July 2026 “Payday super” requires business employers to pay their employees (and some contractors) superannuation within 7 days of paying them. What is payday super? Until now, you can pay employee super quarterly – up to 28 days after the end […]
What you need to do if your company is insolvent
As a director of an Australian company, it is your responsibility to ensure that the company remains solvent and can meet its financial obligations. Insolvent trading happens when a company incurs a debt while it is insolvent or becomes insolvent by incurring that debt. Insolvency happens when a company is unable to pay its debts […]
A Key to Navigating a Potential Downturn – Planning your cashflow
A cash flow forecast is a critical tool that helps our businesses plan for their future financial stability and navigate economic downturns. It provides a comprehensive view of the inflows and outflows of cash and identifies patterns to help make informed decisions about spending, savings, and investments. Here are some ways preparing a cash flow […]
5 Trading Account Tips
Trading Accounts can be complicated to look at, but having insider tricks can make it work for you. Traders using trading accounts to hold financial assets such as stocks, bonds, foreign exchange, and other investment vehicles need to know these top 5 trading account tips to make the most of a Trading Account. Definition of […]
7 Ways to Grow Your Business
Business growth should always be at the forefront of the minds of business owners. However, it can become unclear sometimes just how to achieve that growth. This article seeks to clarify some ways that you can increase the value and size of your business. 1. Increase client retention rate Most business owners are already aware […]
Why running a sustainable business improves revenue
Consumers and investors are driving increasing demand for sustainability in the market in response to climate change. Investors are doing so by increasingly seeking accountability and transparency from the businesses they support. As we find new ways to do better business in a sustainability focused environment, now is the time to push for investment in […]
Everything you need to know about annual leave
Holidays are an important part of the working world; if no one ever took holidays, we probably wouldn’t live to an average age of 85. Making sure your employees get breaks is important, and so is understanding leave entitlements. This article explains when and why annual leave needs to be paid. What is annual leave? […]
Fringe Benefit Tax explained
In a recent article, we explained how to make your Christmas party Fringe Benefit Tax (FBT)-friendly and avoid some unwelcome surprises. Employers may be confused, or unaware of the scope of FBT, how and when to pay it, and how to reduce it. Knowing the basics of FBT and how you can avoid and reduce […]
Four things every employer should know about superannuation
If you are an employer, your superannuation is a huge part of the payroll process. Superannuation payments are often overlooked when cash flow gets tight or when internal processes aren’t in place to handle it. Super needs to be paid on time, every month. If not paid on time, you run the risk of encountering […]
What you should be asking your business accountant
When meeting with a financial professional, be it a financial advisor, a tax agent, or a BAS accountant, it is important to know what to look for when it comes to choosing your financial management team. A few practices you should assess include: Regularly assessing your financial situation Current and future options A strong understanding […]
