Monthly Archives: April 2016

Are you ready for Superstream?

Deadline

The new way of processing Superannuation Payments is almost here.

In its bid to streamline the processing of transaction for superannuation funds, the ATO has introduced SuperStream. The main aim of SuperStream is to ensure employer superannuation contributions are paid in a consistent, timely and efficient manner.

The key component of SuperStream is that it is compulsory to make your superannuation contributions online with products that are SuperStream compliant. The easiest way to become SuperStream compliant is to use software in your business that enables electronic super payments.

When does my business need to become SuperStream compliant?

If you are running a business with 19 or less employees, you have until 30 June 2016 to be making your employer superannuation contributions electronically. If your business has 20 or more employees your cut-off date was 1 November 2015 so you will need to start making these electronic payments ASAP!

How we can help you

If you’re not sure if your business is SuperStream compliant let us know and we can do an assessment for you. We can also help you implement Xero, an online accounting software, into your business so you can easily make SuperStream compliant superannuation payments for your employees.

To make an appointment please contact the office on (03) 9744 7144

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Would you like to learn how to cut thousands off your tax bill?

tax cuts

McMahon Osborne Group is hosting a Trades and Small Business Breakfast focusing on the Top 5 year end planning strategies to complete before 30 June, 2016

Topics include;

Asset protection issues for small business

  • Protecting your home
  • Dealing with personal guarantees
  • Dealing with tax office and superannuation debt

Changes to accounting & tax systems for small business & trades

  • What is cloud computing?
  • What are my options?
  • How can I work out which way to go?
When: Thursday 14th April
Time: 7am- 9am
Venue: Sunbury Football Club  Riddell Road, Sunbury
Cost: $77 per person (GST included)  Light breakfast provided
Contact Kristie on (03 9744 7144) to book or click on the link below to register on line

 

book-now

Free* to the first 30 businesses to register

*Limit 2 people per business

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