Unless you have a tried and tested succession plan like royalty, many small businesses can suffer following the exit of a significant individual. This is particularly true of family enterprises. Some issues are: • Repayments of loans can be
Bogus phone calls and letters
We had a call from one of our clients during the week stating that she had received a call from a Government Department, “The Reclaim Department Sydney” advising her that she had an amount owing to her of over $5,000. She was quoted a reference
Xero update
Xero have recently added two new training resources with Xero TV which has videos and guides and Xero U which has structured education and training. Xero TV Below are the two main sections within Xero TV to provide help for small business in the
Pension Changes from 1.1.15
Age Pension and Seniors Health Card (CSHC) Changes New measures to deem account-based pensions for the purposes of eligibility for the age pension and CSHC scheme. Individuals who are existing age pension and CSHC holders and receive income from an
Xero Tip!
Reconciling in Xero.. Cash coding Xero has already made reconciling bank statements easier by creating bank rules and auto suggestion; another quick and easy way to save time reconciling transactions is by using Cash Coding. This gives you the
Accruing Leave Entitlements…
Did you know know the following about accruing leave entitlements? 1. All leave entitlements start from Day 1 2. Leave entitlements can be taken during probationary period. 3. Unused annual and personal leave entitlements keep accruing over the
Stand Up Desks
Here at our office, our very own Anne Noakes (Customised Financial Planning) decided 12months ago, that she no longer wanted to sit all day at her desk. In fact, since that day, Anne has been standing all day at her desk! More recently, Stephen
Xero Update
Xero have recently added two new training resources with Xero TV which has videos and guides and Xero U which has structured education and training. Xero TV Below are the two main sections within Xero TV to provide help for small business in the
Audit Insurances
We've recently sent the renewal invitation for the audit insurance we offer business and superannuation fund clients The insurance is designed to pay our fees in handling an audit you may receive from a statutory body e.g. ATO, Workcover, Office of
Super Changes
As of 1 July 2014 the Super Guarantee rate for Employers has risen from 9.25% to 9.5%
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