Business Accounting

Is your business ready for Single Touch Payroll?

The introduction of Single Touch Payroll (STP) from 1 July 2019 for businesses with 19 or less employees, will change the way salary/wages, PAYG and superannuation information is reported to the ATO.  So, what is it and what will it mean for your small business?   Robert McDowall, Partner at Arabon Accountants, explains the changes and […]

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Arabon Accountants three important business lessons

Three important business lessons to be learned from COVID-19

If you’re like many small business owners, you’re probably astounded by how the world has changed in a very short time. While we can all hope that the pandemic is a once-in-our-lifetime scenario, the truth is there is a lot in life and business that is uncertain, and there are many important business lessons to

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Arabon Accountants tax changes 1 July 2021

Tax changes and updates from 1 July 2021

The new financial year has arrived and so has several updates to the tax system and new policies impacting superannuation, healthcare, wages and tax rates.  Here’s what you need to know post 1 July 2021. Superannuation payments to increase Working Australians will receive a 0.5% boost to their superannuation fund.  Legislation requires superannuation contributions to

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