Entries by Salisbury Accountants & Business Advisors

Getting STP Phase 2 reporting right

October 19, 2022 in /by

Single Touch Payroll (STP) Phase 2 reporting started 1 January 2022

So far, more than 200,000 employers have started reporting STP Phase 2 information for over 3 million individuals.

There are some mistakes being made with the move to STP Phase 2 reporting.

We’re sharing the most common errors so employers can avoid making them:

Re-mapping […]

Farm businesses warned as scams targeting agricultural sector grow

October 14, 2022 in /by

Spike in scams targeting the agricultural sector

Farmers and small businesses in rural and regional areas are urged to be cautious, particularly when buying heavy machinery, following a spike in scams targeting the agricultural sector this year.

Reports to the ACCC’s Scamwatch show Australian farm businesses lost more than $1.2 million to scammers between 1 […]

SG changes apply now

October 13, 2022 in /by

Super guarantee changes have been in place since July — is your payroll system up to date?

To avoid additional costs, including the superannuation guarantee charge (SGC), employers must pay the correct amount of super for all eligible employees by the quarterly due date.

Whether you’re paying super weekly, monthly or quarterly, it’s important […]

Industry Growth Centres Initiative

October 10, 2022 in /by

Support for priority industry sectors

Are you an ambitious Australian business owner in one of our 6 priority industry sectors?

An Industry Growth Centre may be able to help you achieve your goals.

There are 6 growth centres for the 6 sectors of competitive strength and strategic priority:

advanced manufacturing cyber security food and agribusiness […]

Hiring and Working with Subcontractors

October 4, 2022 in /by

9 Best Practices in Hiring and Working with Subcontractors

The employment environment is always changing as workers consider their options and businesses look for flexible, cost-effective solutions.

Let’s look at some ADVANTAGES of working with independent contractors (or subcontractors).

Independent contractors help you quickly fill skills gaps in your team. This enables business growth without taking on employee […]