When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you’re at allows for more effective planning, early warning about any issues, and the chance to better chart a course for success. There are some quick ratios that will help you in order to gauge the health of your business. We can help you to assess your business health and show you ho

What is it? Single Touch Payroll (STP) is a new system of reporting wages, tax and superannuation information to the Australian Taxation Office (ATO). Initially, large employers were required to report from 1 July 2018. Now, all employers must enter into the reporting system from 1 July 2019. (Small and micro employers have until 30 September to enter the system.) STP is a reporting obligation only—it does not change the way you pay employees. How it works Employers must subm