May
10
Whether you are applying for a home loan, a business loan or other types of financing, your bank will often request a letter from your accountant. Banks will then use this letter to verify that the information you are declaring is accurate and figures have not been manipulated to obtain...
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May
10
The ATO has recently implemented various changes to the way they process ATO Mail. The new system will allow delivery of ATO correspondence to be sent out digitally and most importantly securely. The team at MJJ Accounting are currently implementing a new method of digital communication via ‘ATO SmartDocs’. We...
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May
10
Long service leave is an entitlement an employee may receive after an extended period of service with an employer. Each state and territory will hold varied standards around how long an employee must be employed for before becoming eligible for long service leave. Your state or territory will also dictate...
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May
10
Overall the budget will not have a significant effect for most businesses. The area’s of interest for small business are: Business owners Small Business Support – $20,000 instant asset write-off Small Business Support – Small Business Energy Incentive Hybrid and Fringe Benefits Tax Exemption Payday Superannuation Managing Tax Instalments Apprentice...
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Mar
21
New entitlements were introduced on 1 February 2023 for employees who experience family and domestic violence. The paid family and domestic violence leave is available for employees of non-small business employers. If you are an employer with less than 15 employees, this can be accessed starting from 1 August 2023....
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