Slide - We Are Slide - Value Slide - Pride Slide - Focus
A new Xero update was released today which expands the number of payroll reports available.You can find out more about the update at Xero's blogĀ or watch their video below.Xero are holding two webinars, tomorrow 18 April, to demonstrate the update in more detail. You can register to watch here. More...
Written by Adele WardleyThe Federal Labor party today announced that they plan to make changes to the superannuation taxation system. These changes are only announcements - they are not yet law, in fact the legislation has not been provided to Parliament which may make it difficult to pass prior to the election being called. Should the Labor party not be re-elected the announcements may come to nothing.In any case, the announced reforms will:Cap the tax exemption for earnings on superannuati... More...
From 1 July 2013 employers will need to pay 9.25% superannuation contributions on ordinary times earnings of their workers, an increase from the current rate of 9%. The superannuation guarantee percentage will continue to rise each year, until it reaches 12% in the year commencing 1 July 2019.This change will hit businesses bottom line, and you should ensure your budgets for the coming year reflect the increase. For larger employers the change may be substantial. It is also worth reviewing y... More...