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Home » Upcoming and Proposed Changes to Superannuation Are your bookkeeping systems ready for the next changes to superannuation? Upcoming and Proposed Changes to Super Superannuation Payment Increases Threshold Changes Learn More Superannuation Payment Increases On 1 July 2021 the Superanuation Guarantee contributions by employers increases from 9.5% to 10%. Depending on the software that […]

Home » What is Fringe Benefits Tax (FBT) and how is FBT calculated? What is Fringe Benefits Tax (FBT) and how is FBT calculated? Fringe benefits tax was introduced in legislation in 1986; prior to this businesses were providing things like cars, corporate boxes and lunches tax-free to employees, their families and executives with very […]

Home » MYOB AccountRight Latest 2020 Version Update 2020 has been a massive year for both accountants and bookkeepers. As this year draws to the end, MYOB has launched an important update in response to the recent JobKeeper 2020-21 Personal – ATO Payroll Process Requirement Updates. MYOB Latest Version Updates AccountRight 2020.3 Release Multi-Currency Enhancements […]

Home » The long awaited 2020 Federal Budget is finally here. 2020 Federal Budget What does the budget mean for bookkeepers and your clients? We have highlighted two key benefits that will have an immediate impact for bookkeepers and business owners. Instant Asset write off Losses carried back 2020 Federal Budget – Instant Asset Write […]