For businesses with employees, it’s quarterly Superannuation payment time!
The deadline for superannuation payment for the September 2017 quarter is due 28 Oct 2017. For businesses using AutoSuper on Xero, the cut off date to have it submitted and approved is 4pm AEDT, Tuesday 24 October. This ensures they reach the super funds by 28 October.
If you require assistance, Aston is happy to help!
For those who have received Annual PAYG Instalments for the 2017 financial year with an amount to pay – the due date for payment is 23 October 2017.
Late payments will attract General Interest Charges (GIC) from the ATO.
If you have trouble making payment to the ATO, Aston can help you liaise with the ATO to apply for payment plans. Get in touch now!
Over 500,000 small businesses are now using Xero accounting software, including more than 130 of our client businesses. So Helen Hardegen & Emily Yip went to Melbourne last week to attend a XeroCon where over 3,000 accountants, bookkeepers and other interested parties gathered to learn more about the new things that are coming soon to Xero and how we can best help you, our clients, to use it.
There are some exciting new developments that we will contact you about in the near future including a new project management module, easy expense claims and many more.
With all the new technologies nowadays it is becoming more challenging for us keep on top of the technological advances, let alone new ways internet criminals (or often called scammers) can steal our money. In this article we will dig into a few common ways scammers can attempt to take our hard-earned dollars through emails, and also provide suggestions of what you can do (as an individual, or as a business owner) to reduce your exposure to scammers.
The following examines some common misunderstood rules around the employee vs contractor situation.
You may have an ABN but that does not make you a contractor.
Fact: The ATO has various checks to ensure business owners are treating their staff/contractors correctly.
To put it simply, the ATO will look at the work arrangement and the way the payments were calculated etc to determine whether one is an employee or not.
