From 1 July this year, most small businesses will need to be STP compliant. This includes small employers with closely held payees, as well as some micro businesses and seasonal employers.
Our team is available to assist you to capitalise on any of the Budget measures or minimise your risk. As always, the detail is important so please let us know if we can assist. We’ll keep you up to date as the detail of these measures comes to hand.
A new study explores the impact of COVID-19 on small businesses, and identifies some strategies that have proven successful in helping small businesses survive and even thrive.
The 2020 Budget is all about jobs, jobs and spending to make more jobs. We already have JobSeeker and JobKeeper, and now we have JobMaker and JobTrainer.
⚠️ The Queensland Government’s Small Business COVID-19 Adaption Grant Program Round 2 will open on 1 July 2020. To get ready to submit an application, follow the ‘how to apply’ information here or call OBT’s friendly Business Solutions team on 07 5462 2277. Hurry! The first round closed fast.
In response to the coronavirus (‘COVID-19’) pandemic currently impacting the economy and businesses generally, each Australian State and Territory Government has announced relief and other support packages as part of the broader economic stimulus measures. We look at some of the Queensland Government’s key initiatives.
Join the ATO to learn about tax for small business at free face to face tax workshops in Gatton run by ATO staff in September.
We stress how pricing is a critical component of a profitable business and the numbers to track while improving profitability.
What’s the difference between Joe’s Burger Bar and a McDonald’s franchise? One is completely reliant on the owner and the other has a fully documented system of operation. Which do you think is worth more? Find out how this could apply to maximising your business value.
MYOB has launched a low-cost payroll product for micro businesses, enabling Single Touch Payroll (STP) compliance in time for the ATO’s 1 July deadline.