STP to put spotlight on super contributions

STP to put spotlight on super contributions

Ian Morante, head of SME specialist superannuation fund Nationwide Super, told My Business that business cash flows will come under greater scrutiny once the Single Touch Payroll (STP) reporting system is rolled out to small and microbusinesses by the Tax Office.Read...
Risky business: The trap of forgoing super

Risky business: The trap of forgoing super

As the CEO of SME specialist super fund Nationwide Super, Ian Morante admits he has something of a vested interest in encouraging business owners into superannuation. But working specifically with businesses and having previously worked for many years as a financial...
Perth business loses $65,000 to invoice scam

Perth business loses $65,000 to invoice scam

Western Australia’s commissioner for consumer protection, David Hillyard, said that businesses frequently transferring large sums of money, such as car dealers and other businesses selling high-value items as well as real estate agencies, are a particularly strong...
Businesses collectively forgoing $500m annually

Businesses collectively forgoing $500m annually

According to global tax reclamation firm VAT IT, businesses are entitled to reclaim foreign Value Added Tax (VAT) – effectively what Australians know as GST – on a range of expenses incurred overseas.Read the full article at My Business.
New payments platform to shake-up invoicing, payroll

New payments platform to shake-up invoicing, payroll

Speaking at MYOB Partner Connect 2018 in Melbourne, NPP Australia chief executive, Adrian Lovney said the new platform has now reached critical mass, with 51 million accounts now connected, up from 35 million accounts when it first rolled out in February.Read the full...