In this Issue:
REMINDER: Get your receipts to us – remember to send your bank statements.
To ensure we can provide our best service and support, can you please complete the tasks that are relevant to you:
Please ensure the tasks are completed and you notify us it is ready before the “Tasks Due” date, to take advantage of our guarantee that your BAS will be completed on time.
We appreciate your support!
Be careful with bank account changes received via email, particularly PDF. Fraudsters have the ability to intercept an email, edit the email or PDF with different bank account details, then send it on to the recipient with the changed bank details. If you pay the invoice to the incorrect account, you most likely will not recover the money, and you will still owe the original amount to your supplier.
The best course of action is to phone and confirm the change in account details.
An employee may be entitled to extra payments if they use their own vehicle for work purposes. These may be paid in advance as an allowance or in arrears as a reimbursement.
The following links will help you understand how this works:
GOOD RECORD KEEPING: A LEGAL REQUIREMENT:
Managing and protecting a business by good record keeping is vital. Keeping track of employees’ pay and entitlements is one of the obligatory responsibilities of employing staff. A business is required to keep records and issue payslips to all staff, including friends and family members
TO CHECK OUT SOME TRAINING WORKSHOPS TO MAKE SURE YOU'RE DOING THE RIGHT THING, CLICK > > > HERE.
Cybersecurity is the process of protecting and recovering computer systems, networks, devices, and programs from any type of cyber-attack.
TO TEST YOUR CYBER SECURITY, CLICK THIS LINK > > > HERE
MENTAL HEALTH COACHING FOR SMALL BUSINESS OWNERS:
Being a small business owner is a unique experience which can involve stress and pressure coming from many directions.
If you aren’t sleeping, struggling to concentrate, or are just feeling overwhelmed by day-to-day challenges, consider NewAccess for Small Business Owners.
TO LEARN MORE, CLICK THE LINK > > > HERE
Business Basics: Business Basics grants of up to $5,000 each support new and emerging businesses to increase core capabilities and adopt current best practice.
Business Boost: Business Boost grants of up to $15,000 will help small businesses to improve their efficiency and productivity through organizational development and upgrades through automated software and CRM systems.
Business Growth Fund Program: The program provides funding for small and medium-sized businesses experiencing high-growth to buy specialized equipment to unlock growth potential, increase production etc.
For more information:
AdminPro Solutions are now conducting workshops to help you better manage the everyday tasks required in the background to keep your business running smoothly.
Our Xero Workshops have been a success in helping business owners so far.
If you would like to ensure that your business runs more smoothly and that you know how to handle all tasks efficiently, contact us to book your spot.
NEXT WORKSHOP DATES:
Monday 26th July
Monday 30th August
Monday 27th September
It has come to our attention that the ATO is becoming increasingly strict on employers paying their employee Superannuation on time. For every day the Super is overdue and you do not inform the ATO that you have NOT paid it, you will be charged interest.
So, it is important for you to make sure that all Super payments are paid on time, or at least to discuss this with the ATO, so that you don't get dealt a hefty interest charge.
If you are having trouble keeping on top of this, contact us and we might be able to work something out to help you.
Important Advice for Employers
If you are an employer, it is a good idea to subscribe to the Fair Work Ombudsman Newsletter to make sure you remain in the loop about Fair Work and your rights and obligations.
To make sure you don't miss anything, click HERE to sign up.
The Annual Wage Review 2021, the Fair Work Commission has announced a 2.5% increase to minimum wages. This will also apply to all award wages, with the award increase happening in 3 different stages.
To read more about it, click HERE
CCIQ are calling for a COVID-19 Hotspot Recovery package to support small business in lockdown.
We’re calling for a dedicated COVID-19 Hotspot Recovery package, to ensure Queensland small business forced to close in the state’s third lockdown this year are able get back to business as soon as possible.
Affected businesses need payments of up to $25,000 to cover loss of stock and trade and support the reinstatement of business operations.
Do you support a COVID-19 Hotspot Recovery Package?
CLICK HERE TO HAVE YOUR SAY.
If you are wanting to know about any funding or grants that you may be eligible for, you can contact Vicki.
Vicki is the Entrepreneurship Facilitator, and she is here to help business with any problems they are having.
Ph: 1300 249 482
Effective from the first full pay on or after 20th November 2020 Fair Work Commission revised several (97) awards in relation to overtime payments, minimum engagement periods and conversion from casual to permanent employment.
Click this link to see these changes.
After receiving feedback from the profession about the issues that have arisen as a result of the change. As an interim approach, the ATO will issue paper PAYG and GST quarterly instalment notices starting with the June 2021 quarterly notices.
For more information on this, please click the link below.
If you're looking for more workshops, for links to help you if your business has been affected by COVID-19 or are just looking for other ways to help you with your business, click the link below.
It will take you to a page where you will have a number of links to choose from, depending on what you need.