Take advantage of a $30k instant asset write-off

The 2019-2020 Federal Budget announced a series of measures, some of which were legislated before the election was called. One of them was the extension and increase of an instant asset write-off for small businesses. The instant asset write-off was first introduced back in 2015 and has been extended every year since then. It has … Read more

Xerocon 2018

Today marks the end of a hectic, full and inspirational 2 days at Xerocon 2018 – the annual conference for Xero Partners including Accountants, Bookkeepers and Add on Partners. It really has been an amazing event with a total of 3702 people in attendance. It is truly an amazing experience and I am in awe … Read more

Downsizing contributions into superannuation

As of 1 July 2018, Aussies have one more tactic they can use to plan a successful retirement. Called the Downsizer Contributions Cap, it allows a once-off contribution to Superannuation of up to $300,000 per individual, from the sale of a residence. With this, the Government will encourage some older people to downsize from homes … Read more

Single Touch Payroll – next step in streamlining payroll reporting

From 1 July 2018, employers will need to report their employees’ tax and super information to the ATO through payroll software that is Single Touch Payroll (STP) ready. With Single Touch Payroll in Xero, you’ll be able to comply with the new requirements in just a few simple clicks.https://www.youtube.com/watch?v=tThdNY36eaY&t=1s From 1 July 2018, employers will … Read more