Posts by nathan-creativeserumcom
Developing Better Money Habits
The cost of goods and services will always be on the rise. The increasing cost of goods and services is a reality most Australians have to deal with. Data from the Australian Bureau of Statistics shows that living expenses for employee households were up by 1.1% from March 2020, compared to March 2019. This may…
Read MoreEmployers – Have You Met Your Super Guarantee Obligations?
We have recently received correspondence from the ATO informing us that Superannuation Funds now provide information to the ATO when they receive superannuation guarantee (SG) contributions for employees. The ATO are using this information as well as Single Touch Payroll (STP) reporting to identify employers who have paid some or all of their super contributions…
Read MoreWhat Financial Mistakes have you made? Could they have been Avoided?
Have you made a big financial mistake in the past? One that cost you a lot of time and money to fix? One that caused you a big headache? Financial stress can be a major trigger for a lot of people, it is a big burden to carry around, but not one you need to…
Read MoreIs it a good time to invest?
Investors are well and truly jumping back into the property market. Nationally, the value of new investor loans increased by 0.7% in June compared to the value of new owner- occupier loans, which dropped by 2.5%. Compared to this time last year, owner-occupier loans are up by 75.9%, but investor loans are up by 102%.^…
Read MoreFinancial Tips Anyone can Use
There are lots of tips when it comes to getting ahead, financial speaking. Most of them are really simple so if you are struggling to get on top of your finances and it is a burden you could live without, take a look at our suggestions, below, and make a commitment to just start with…
Read MoreManaging an Irregular Income
If you have an irregular income stream, one that is not a fixed amount on a certain day, or days, of the month, you may find it difficult to stick to a budget and possibly be caught out with unexpected expenses. If an irregular income is the norm for you, how can you plan for…
Read MoreManaging Payroll for EOFY
In preparation for the end of the financial year, Xero has prepared some useful resources including the below Payroll checklist and webinar. Learn what to review and reconcile in payroll so you can lodge the STP finalisation declaration to the ATO. Download payroll checklist Register for beginners payroll webinar
Read MoreFederal Budget 2021-22
Read below our summary of the Federal Budget announcements: Personal Taxation PERSONAL TAX RATES UNCHANGED FOR 2021–2022 In the Budget, the Government did not announce any personal tax rates changes, having already brought forward the Stage 2 tax rates to 1 July 2020 in the October 2020 Budget. The Stage 3 tax changes will commence from 1…
Read MoreWindow of opportunity for Income Protection Insurance
HAVE YOU GOT INCOME PROTECTION? Also known as ‘salary continuance insurance’, income protection provides a portion of your income if you are unable to work due to injury or sickness for a certain period of time. The portion of income paid could be up to 75% of your salary depending on the policy. INCOME PROTECTION…
Read MoreCash flow can make or break your business, so take time to safeguard it
According to a recent survey by research firm East & Partners for lender Scottish Pacific, nearly 80 per cent of owners of small and medium enterprises said cash flow issues caused them the most sleepless nights.[1] So what might you do to improve your cash flow and sleep better at night? Here are five tips.…
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