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Minimum Wage Increase

The Fair Work Commission has made 2 big announcements: the minimum wage will increase by 5.2% from the 1st of July 2022 (this applies to all workers not covered by an award or registered agreement). award minimum wage will increase by 4.6% from the 1st of July 2022. This means that the minimum weekly salary… Continue reading Minimum Wage Increase

Choosing the Right Accounting Software

Comparing Accounting Software For Your Business Regardless of their size, any business should have a strong and reliable accounting process. Accounting software allows you to organize your business finances, from invoicing to receivables, and stay compliant with the ATO. How can you choose the right software for your business? There are so many out there… Continue reading Choosing the Right Accounting Software

Starting Your Own Business

Starting your own business is exciting and fun, however, there are a few things you need to know, including: the tax implication of your business structure (e.g. sole trader, trust, company, partnership) the deduction you can claim the records you must keep and for how long registering your business (ABN & Business Name) setting up… Continue reading Starting Your Own Business