For the uninitiated, there is a perception that working as a bookkeeper is a very homogenous role with few options in terms of roles and career paths. The reality could not be further from the truth. If you take a look at various job search sites you will find that there are many different types […]
The many different faces of bookkeeping Read More »
As you undertake your studies in bookkeeping and accounting, have you ever wondered what the fastest-growing accounting and bookkeeping jobs might be in the next few years? Research undertaken by Accounting Principles indicates the fastest growing jobs in financial services include bookkeeping clerks, accountants and financial analysts. According to Seek, professionals with finance and accounting
Bookkeeping and accounting among top-trending jobs Read More »
Changes to Superannuation Guarantee and instant asset write off for small business The Palmer United Party senators have agreed to pass the Mining Tax Repeal Bill (now called Minerals Resource Rent Tax Repeal and Other Measures Bill 2014) and this Bill reduces the instant asset write off for small business. This means: The Superannuation Guarantee
Changes to Superannuation Guarantee and instant asset write off for small business Read More »
Company directors have a legal responsibility to ensure that their company meets its pay as you go (PAYG) withholding and superannuation guarantee charge (SGC) obligations. The director of a company that fails to meet a PAYG withholding or SGC liability by the due date automatically becomes personally liable for a penalty equal to the unpaid amount.
Director Penalty Notices Read More »
According to a recent study by CareerBuilder, in 2013 alone, a whopping 32 per cent of workers called in sick when they were actually feeling fine. In addition, 30 per cent of workers admitted to going to work when they were sick, in order to save their sick leave for when they are feeling well. So it
Employees take the ‘sickie’ to a new level Read More »
From 1 January 2014, employers need to make super contributions to a fund that offers a MySuper product for employees who haven’t selected a preferred fund. A ‘MySuper product’ is a new super account that will replace existing ‘default funds’ used for employees. A MySuper account has a simple set of product features, regardless of who
MySuper replaces your default superannuation fund Read More »