Key Dates 2018
11 June - Queen's Birthday public holiday (office closed).
18 June - Plant: Grow: Reap coaching session.
21 June - May monthly BAS due.
29 June - End of Term 2.
30 June - End of Financial Year.
Single Touch Payroll
A reminder that if you have a business with more than 20 employees, you will be required to use the Single Touch Payroll system from 30 June.
Claiming Super as Personal Tax Deductions
Anyone eligible to make personal super contributions can now claim that contribution as a personal tax deduction, regardless of their work status. This includes people who are employed, who were previously excluded from claiming this deduction due to the now removed '10% test'.
This strategy suits people who:
- In the past have been reluctant to salary sacrifice as they were uncertain about their cash flow needs.
- Receive unexpected employment income and no prior salary sacrifice agreement was put in to place (e.g. bonus).
- Earned too much in the past to meet the 10% test, but not enough to fully use CC cap via salary sacrifice.
You need to make your super contributions before 30 June 2018 if you want them counted towards this year’s cap.
The business support program designed to help you grow!
Plant: Grow: Reap provides business owners with a wealth of expertise all in the one place, so that the knowledge you need is easily accessible, and tailored to your own goals. Read More…
Quick Budget Breakdown 2018
A quick recap of the 2018 Australian Federal Budget key points, including taxes, business and superannuation matters.
Not everyone is entitled to an ABN!
Employees in irregular or casual jobs (such as performers, musicians, labourers and some consultants) are being asked to get an ABN by employers, when they are not actually eligible for one.
Your Screen Saver - Recruitment Services
If you're planning to grow or restructure your business in the new financial year, we have someone to keep in mind to help with recruiting and hiring.
Your Screen Saver is a modern take on the typical recruitment agency model, giving you choice and control over which services you want to use.
With over 25 years in the recruiting industry, Jane Devereux has a passion for finding you only the very best staff of all levels, saving
you time going through hundreds of applications. She also provides mentoring, training and human resources support services to business
Find out more about how Your Screen Saver can save you time.
Supporting Kaylen Bassett in Europe
We're stoked to be sponsoring Canoe Slalom athlete Kaylen Bassett for his international slalom competitions in Europe this month.
Kaylen competes in Canoe Slalom and Wildwater. This year he has made it into the Australian Under 23 and Senior Wildwater team.
"I started paddling when I was 17, and although I've only been in the sport a short time, i have already seen some success and will continue to develop in the years to come".
We're very excited to see what Kaylen achieves in Europe and going forward!
Find out more about Kaylen.
Find out more about our sponsorship programs and community involvement.
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