The Bottom Line – September 2022

Overview of the Jobs and Skills Summit 2022 The Jobs and Skills Summit brought together Australians, including unions, employers, civil society, and governments to agree on immediate actions to help build a stronger economy and a stronger Australia. The Albanese Government has agreed to 36 immediate initiatives, which are details here – https://www.pm.gov.au/media/outcomes-jobs-and-skills-summit MYOB wrote a…

The Bottom Line – July 2022

Can a BAS agent lodge super guarantee charge? Yes. From 6 November 2020, registered BAS agents can legally provide a wider range of services relating to the superannuation guarantee (SG) and superannuation guarantee charge (SGC)   More about your Accounts Reports… As mentioned in May’s newsletter, Accounting reports let you keep track of business transactions,…

The Bottom Line – June 2022

The Bottom Line Of All Things Finance This Month The RBA responds to “higher than expected” inflation with a rise of 50 basis points in the cash rate to 0.85 per cent, its highest level for two years. ATO promises 12-day turnaround on error-free returns. But common mistakes will lead to longer processing times, it says. By waiting for prefill information…

The Bottom Line – May 2022

Why You Are Sent Your Monthly Reports? Accounting reports will let you keep track of business transactions, but they will also – and this is an important point – help you maintain a budget, predict cash flow, and forecast revenue. They also allow for an assessment of the current situation compared to a previous one. Included…

The Bottom Line – March 2022

Welcome to the inaugural Monthly Newsletter from A Girl Friday! The basics of the financial world with tips, hints, links & summaries to interest you. Superannuation A number of superannuation changes will take effect from 1 July 2022 including: 1) The $450 monthly earnings threshold for superannuation contributions will be removed. Employers will now be required to…

STP2

STP2 Deferral

Employers who have not already done so should start to prepare for what STP2 means for them. New employers who haven’t started STP reporting and need more time to transition can themselves, or through their registered tax or BAS agent,

The (extended) Bottom Line of the Federal Budget 2021-22

Federal Budget 2021-22 Building a healthy recovery The October 2020 Budget was a stimulus Budget designed to soften the blow of COVID-19-related impacts for Australians. Now 6 months on and the report card is largely positive.  Economically we are in a much better position than the Government’s forecasts in October last year. The focus of the…

The Bottom Line of the Federal Budget 2021-22

Federal Budget 2021-22 The October 2020 Budget was a stimulus Budget designed to soften the blow of COVID-19-related impacts for Australians. Now 6 months on and the report card is largely positive. Economically we are in a much better position than the Government’s forecasts in October last year. The focus of the 2021-22 Federal Budget…