Entries by Salisbury Accountants & Business Advisors

ABRS Video: Director ID in 3 steps

July 25, 2022 in /by

Director Identification Number deadline November 2022

If you need a director identification number (director ID), this video may help with your online application — outlined in 3 easy steps.

The ABRS is reaching out to directors who haven’t applied for their director ID within prescribed timeframes.

Directors are encouraged to avoid penalties for non-compliance by […]

7 Ways to Navigate the Changing Employment Landscape

June 20, 2022 in /by

COVID-19 has had a big impact on employment, though the impact is not yet fully understood

No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces to better serve shareholders, customers and employees.

One thing won’t change. Most businesses will still need people […]

Can you build a profitable business without financial skills?

June 10, 2022 in /by

Got a grasp of your business numbers?

While most businesses have a basic financial function in place, many do not have access to the quality financial management information required to capitalise on opportunities, increase profitability, and mitigate risk:

Read Dynamic Business article »

Define your success

Salisbury’s Business Coaching Program has been […]

Single Touch Payroll changes 2022

June 7, 2022 in /by

There have been changes to Single Touch Payroll (STP)

Employers are required to report additional payroll information now or once your payroll product is ready.

You need to start reporting additional information on or before each pay day — this is known as STP Phase 2.

STP Phase 2 started on 1 January 2022

Some […]

Protect your business with the PPSR

May 23, 2022 in /by

Personal Property Security Register (PPSR)

Registering on the PPSR is a way to let people know if personal property such as cars, goods or company assets have security interests over them.

With the difficulties that small businesses are facing from the effects of the pandemic and natural disasters, business owners are increasingly having to put […]

Reduce Your 2022 Tax

May 12, 2022 in /by

Tax planning key priorities

With the end of financial year approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June 2022 to reduce your tax and grow your wealth.

Many business owners have reduced their 2022 PAYG instalments to Nil during the COVID-19 period, but now you […]