End of the financial year is an important and busy time for small business owners - completing bookkeeping, tax returns and beginning to plan for the new financial year.
The ATO has been talking about Single Touch Payroll (STP) since as early as 2014, however, it hasn’t been until recently that information around what STP is & how it will affect employers has been made clear.
The Australian Government has increased compliance & its audit activity in relation to Fringe Benefits Tax (FBT). An FBT return will need to be prepared & lodged on your behalf as per ATO requirements prior to June 2018.
Why do Highview accountants and bookkeepers love Xero? Well that’s easy! Apart from being easy to use, Xero is the world leader in Cloud Accounting software so you know with Xero your business is in good hands.
Many readers will be familiar with a popular superannuation strategy referred to as ‘transition to retirement’, however some are questioning whether the transition to retirement is still a viable strategy.
