Tips for navigating year-end

As the end of the financial year (EOFY) approaches, businesses are gearing up for the flurry of activities that come with it. From reconciling accounts to preparing financial statements, there’s a lot to manage. Following are some hints and tips to ensure a smooth EOFY process as you navigate year-end challenges.

Paying super on the same day as payroll is coming

From July 1st 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.  This is known as Payday superannuation. The start date will provide employers, super funds, and payroll providers with sufficient time to prepare for the change. This measure is not yet law.

Whilst there are benefits to Payday superannuation, there are also some potential problems to consider.
Read on to learn more.

Highlights from our Inspiring Team Retreat

We’re excited to share with you the highlights from our recent Inspiring Team Retreat. In a world dominated by virtual connections, our Team Retreats serve as cherished opportunities to bridge the gap between screens and faces, fostering meaningful interactions and forging stronger bonds.

Client-to-Agent Linking for Enhanced Security

The Australian Taxation Office (ATO) has introduced Client-to-Agent linking as a measure to enhance the security of their online services. For enhanced security, starting from 13 November 2023, all entities with an Australian Business Number (ABN), must nominate their agent before the agent can add them to their client list. This change is being implemented […]

Superannuation Guarantee

Superannuation Guarantee due dates With the final quarterly Superannuation Guarantee (SG) payment for the year coming up, it’s a good time to review your obligations as an employer. SG payments must be received into the employees’ funds by the due date. Quarter 1 | July – September | October 28thQuarter 2 | October – December […]