by MRG Redshaw | Dec 14, 2018 | Alerts, Announcements
From 1 July 2017, the Government introduced a ‘general Transfer Balance Cap’ (TBC) of $1.6 million to limit the total amount of capital that superannuation fund members can have in ‘retirement phase’ (where no tax is payable on earnings). In order to monitor the TBC,...
by MRG Redshaw | Dec 14, 2018 | Alerts, Announcements
Single Touch Payroll (STP) for employers with 19 or less employees will commence from 1 July 2019. STP requires employers to report payments such as salaries and wages, PAYG withholding and super information electronically to the Australian Taxation Office (ATO)...
by MRG Redshaw | Dec 14, 2018 | Alerts, Announcements
What is Cloud Based Software? Cloud based software generally runs on remote servers and is accessed via a web browser. Your data is saved in a secure data centre. The main players in cloud based accounting software are MYOB, Xero and Quickbooks. Benefits of...