The Super Guarantee Charge (SGC) is a mechanism as part of our Superannuation system which ensures employers make the required superannuation contributions on behalf of their eligible employees.
If your business is temporarily closing for the holiday period, there are several steps you need to take to ensure a smooth closure period for your team and your customers.
Maintaining accurate and organised financial records is vital for the success of any business. It will not only ensure you are compliant with legal requirements but will also help to monitor the financial health of your business, make informed decisions, and streamline your tax.
This time of year can often be stressful as the complexities and ever-changing regulations of lodging your tax can make the process seem overwhelming. In an effort to save time and money some people, particularly those who are at a younger age, may choose to take on the task of preparing their tax returns themselves. However, what might seem like a simple task can actually cause you quite a bit of trouble if executed incorrectly.
It can be easy to ignore emails and text messages from myGov, however we cannot stress enough just how crucial it is to pay attention to these alerts. These messages could contain vital information regarding outstanding lodgements or debts to the ATO.