A recent article published in the Harvard Business Review by Bain & Co suggests that the pandemic has widened the Productivity Gap (is a phrase to describe a sustained difference in measured output per worker (or GDP per person employed) between one country and another) between top performing companies and others stating, “Some have remained […]
The Pandemic Productivity Gap Read More »
Single Touch Payroll (STP), is an Australian Government initiative to reduce employers’ reporting burdens to government agencies. With STP, you report employees’ payroll information to us each time you pay them through STP-enabled software. Payroll information includes: Salaries and wages Pay as you go (PAYG) withholding Superannuation. The ATO has made two important announcements
A New Announcement From ATO of Single Touch Payroll Read More »
Setting up a company may be the first step people think of when coming across starting up a business. Although that is not always the case, there are other structures also available for running a business like mentioned in our previous post “comparison-on-business-structures-in-Australia”. Thus a company is still the most common form that people
7 steps to set up a company in Australia Read More »
Do you know there are 3 Types of Dividends for company shareholders? If you have read our previous post “Comparison on Business Structures” you will find that company is the only structure that can distribute after taxed retain profits to its shareholders. This is so-called Dividends. What are the dividends? When companies make a
3 Types of Dividends for Company Shareholders Read More »