by MRG Redshaw | May 14, 2020 | Alerts
The ATO have received reports of scammers pretending to be them and calling members of the public asking for their bank account details. The scammers are explaining that their employer has registered them for the JobKeeper Payment, but that the ATO needs their bank...
by MRG Redshaw | Apr 18, 2019 | Alerts
Businesses need to be more aware than ever when it comes to cyber security. Scammers have increasingly complex ways to defraud businesses and email compromised scams are examples of this. There are a number of ways in which you can protect your business against these...
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...
by MRG Redshaw | Jun 8, 2018 | Alerts, Announcements, Superannuation
Over the past year there have been a number of changes in the world of superannuation which have imposed greater limitations in getting monies into super, however there is one new rule that can help get more into super. For the 2017/2018 financial year, anyone can...