In our last newsletter for the year, we offer simple ways to get your bookkeeping on track (with some great ideas for your New Year’s resolutions!), and discuss the risks of switching or consolidating super funds on your own. Danny shares his thoughts on the significance of your business’ purpose, and we check in on what #teamsynectic are up to in our community.
Months of uncertainty for small businesses ended yesterday with the Senate passing the Bill to now extend compulsory Single Touch Payroll (STP) reporting to employers with 19 or less employees. Effective from 1 July 2019, it comes on the back of STP rolling out to larger employers from 1 July 2018.
If you’re in business, you already know that careful financial management is important. But do you really aspire to spending your time dealing with numbers and paperwork? That’s probably not why you went into business!
Do you know whether your worker is legally an employee or a contractor?
There are plenty of myths and assumptions made when it comes to deciding the status of a worker. Many employers (and workers) rely on inaccurate indicators of what makes a worker an employee or contractor. However, the employee-or-contractor status is important to get right.
Xerocon2018 brought us several sessions that asked us to think about the way we think. They were an excellent, and timely, reminder for me of what’s important in my life.
With a young family, I’ve found myself at one of those times in life when it’s valuable to pause a moment. To check that you understand your priorities. Because they change over time. And sometimes a significant event, or a minor event, a comment, a chance meeting, or a speaker at a conference can trigger reflection.
Do you ever question whether your business is being all that it can be? Are your customers, employees, even your community, getting the best of you? Why does your business exist? What’s your business’ purpose?
What you stand for may have more impact than you think.
In this month’s newsletter we share the first in a series of highlights from our team’s attendance at Xerocon2018. Always an exciting conference for industry innovation, this year gave us some particularly thought-provoking takeaways. We also discuss an interesting strategy for business owners who have an SMSF. And we dig into how one organisation is adapting to the NDIS.
One of the highlights of Xerocon2018 for me was a presentation from Professor Genevieve Bell: Preparing for artificial intelligence, or the fourth wave of industrialisation.
I want to share with you one of my personal highlights from attending Xerocon 2018.
It was a presentation by Trent Innes (Managing Director, Xero Australia & Asia) on why the 1% is everything. Trent’s message resonated with me as both a business owner and a business adviser.
In this newsletter we want to make sure employers are ready for Single Touch Payroll (STP) and that small businesses are ready for EOFY. We discuss some great tax planning opportunities for primary producers and outline developments in personal superannuation. Plus, check out what #teamsynectic have been up to lately.
