Cash flow is the movement of money in and out of a business. It is crucial for the financial health of a company as it determines its ability to pay bills, invest in growth, and cover unexpected expenses. Positive cash flow means that a company has more money coming in than going out, while [...]
Startup business advisory services are essential for entrepreneurs launching new ventures. These services provide guidance and support to help navigate the challenges and uncertainties associated with starting a business. Advisors offer expertise in developing business plans, identifying funding sources, and implementing strategies for growth. A key advantage of startup advisory services is access to [...]
An outsourced CFO (Chief Financial Officer) is a financial professional who provides expert financial guidance and strategic services to businesses on a part-time or contractual basis. Unlike traditional full-time CFOs, outsourced CFOs work with multiple clients, offering their expertise as needed. Their responsibilities encompass various financial aspects of a business, including financial planning, budgeting, [...]
New: Director ID requirement is coming soon! From 1 November 2021 any newly appointed director will have 28 days to apply for a director ID. The application MUST be completed by the director themselves and not by an accountant/ASIC agent. Detailed information about this change, including how a director can apply for their director [...]
As a small business owner, you can prepare for the end of financial year by making use of these small business tax concessions
Smaller employers with less than 19 employees will need to start reporting their payroll data via Single Touch Payroll (STP) by 1 July 2019. That’s not far away and if this affects you, you need to start getting ready now! Don’t panic though, Ample Finance are here to help and to that end, we have prepared a “Get ready for Single Touch Payroll” checklist to assist you.
The Fair Work Commission has announced a 3.0% increase to minimum wages. The new national minimum wage will be $740.80 per week or $19.49 per hour.
Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients.
2018 Annual Wage Review The Fair Work Commission has handed down its 2018 Annual Wage Review decision. The Fair Work Commission has announced a 3.5% increase to minimum wages. The new national minimum wage will be $719.20 per week or $18.93 per hour. The increase applies from the first full pay period starting on or [...]
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