Hello EOFY It’s that time of year again when employees will be eagerly awaiting their Annual Income Statement needed to have their individual tax returns done. To avoid disappointment and issues we suggest employers advise employees not make appointments with...
Super Deadline If after consulting with your Accountant, you are planning to bring forward payment of your June quarter super to secure a tax deduction in the year ending 30/6/23 please be aware that it must reach the employee’s super fund by 30th June. As we are...
Team Beam are Finalists! Team Beam have been announced as finalists in 2 categories for the Australian Accounting Awards; Bookkeeping Firm of the Year and Fastest Growing Firm of the Year! This is an incredibly sentimental reminder for the Beam Team that we have...
What is a Key Person? A Key Person is someone with a proven skill and/or critical knowledge behind that skill, in a particular area of a business who is relied on heavily. This person is seen as the ‘go to’ person but doesn’t necessarily need to be in a leadership...
Here’s what you need to know about the 2 changes to Fuel Tax Credits in the last quarter. The first change was on 1st February 2022 due to CPI Indexation. The second change was on 30th March 2022 as a result of the halving of the excise duty rates...
Late or Unpaid Employee Super It’s important for employers to educate themselves and/or seek assistance to remain compliant where employee super is concerned. Apart from taking care of their employee’s future nest egg, it’s compulsory by law and comes with...
