Reckon Blog

News and insights for small businesses

Get the latest industry news, including top tips from accounting and small business experts.
Reckon Half Year Results 2025

Follow our social media

Making sure clouds get paid 🌤️ (Jkjk)⁠ ⁠ Cloud payroll software is a platform that lets you pay your employees completely online 💻 📲⁠ ⁠ With a cloud payroll system, your payroll teams can tackle jobs like: ⁠ 💸 Organise employee information, like tax file numbers and bank details⁠ 💸 Work out wages, deductions, tax, and superannuation⁠ 💸 Generate and issue payslips⁠ 💸 Stay compliant in real-time with requirements like single touch payroll (STP)⁠ 💸 Compile ATO-compliant reports for the end of the financial year (EOFY)⁠ ⁠ So long as your device has an internet connection, you can stay on top of your payroll, on the go 💃 ⁠ ⁠ And because your payroll information is backed up to the cloud, it helps keep it safe in case of data loss or breach 💀 ⁠ ⁠ Link in bio to learn why more small businesses are switching to the cloud 🔗 ✨
Unintentional red flag alert 😅 🚨 🚩⁠ ⁠ Not every small business needs social media AND a website, but it’s a good idea to have at least one ✅ Without it, you could lose potential customers!⁠ ⁠ Having an online presence makes it easy to:⁠ 😄 Find/contact your business⁠ 👋 Market your goods and services (often for free!)⁠ 🤝 Help customers trust you⁠ ⁠ After all, if a customer can’t find you, they won’t buy from you 🤷So if you wanna come up in the search results when they Google “businesses near me”, have a website or social media account 📲 💻⁠ ⁠ No worries if you’re not a web designer 😎 You can start basic and tailor it to your needs!⁠ ⁠ Link in bio for how to get started 🔗 ✨
Brb, tinkering under the hood ⚒️⁠ ⁠ Our tech team loves finding new ways to improve Reckon – often with your helpful feedback! 🙋⁠ ⁠ Here are the best changes we’ve made in 2025 (so far!)⁠ ✅ New pay templates! Makes onboarding new employees easier 😃⁠ ✅ Automated invoice reminders! Let the robot nudge that client for you 🤖⁠ ✅ Streamlined payroll finalisation! For a smooth EOFY 🎉⁠ ⁠ And there’s plenty more to come.⁠ ⁠ Link in bio for the deets 🔗 ✨
The GST threshold in Australian businesses is $75k a year, so good job! 🤑⁠ ⁠ You have to register for and charge the Goods & Services Tax if your small business makes more than $75k in a year or if your nonprofit makes more than $150k ✅⁠ ⁠ It’s the law: penalties apply! 😱 ⁠ ⁠ Don’t know how to register for GST? Hit the link in our bio 🔗 ✨
*Psst* There’s a top-secret, super-easy way to do this! 🤫 ⁠ ⁠ Actually, jk, there’s no one *right* way to itemise your receipts for tax deductions — but bookkeeping software like Reckon, or even the free ATO app, can help make this easy!⁠ ⁠ Simply log and upload your receipts for eligible expenses as they happen throughout the year ✅ That way, come EOFY, you’re organised! 💸 🧾⁠ ⁠ Link in bio for what you can *probably* claim without receipts on your taxes 🔗 ✨
It’s a new financial year! So what’s new 👀⁠ ⁠ Quite a lot, it turns out! In FY2026, small business owners have a few new rules to follow:⁠ 📈The minimum wage increased by 3.5%⁠ 💰The superannuation guarantee is now 12%⁠ 🏖️From August 2025, your employees will have the right to disconnect⁠ ⁠ These changes will affect your compliance obligations with the ATO and tax time paperwork for the next financial year ⭐⁠ ⁠ Hit the link in our bio to find out what else is coming in 2025 - 2026 🔗 ✨⁠
Closed for business, come back later 💀⁠ ⁠ Preparation makes EOFY easy! Hit the link in our bio for small business tax tips 💸 ✨️
The Superannuation Guarantee (SG) rate just increased to 12% 📈💸⁠ ⁠ After 1 July 2025, all eligible employees in Australia will earn slightly more in superannuation contributions from their employer 💰⁠ ⁠ The new SG rate is 12% of ordinary time earnings (OTE) ✨⁠ ⁠ Superannuation is critical to retirement, so this is a huge win for Aussie workers 🎉⁠ ⁠ It’s up to employers to accurately calculate their staff super payments and pay into nominated super funds by the quarterly due dates 🗓️⁠ ⁠ The right payroll software can make this process easy ✅ (especially if it comes with a super clearing house!). This facility lets you distribute payments for multiple employees at once.⁠ ⁠ Link in bio for more details 🔗 ✨

Latest News

Latest Insights

Latest Product Updates

Trending on Reckon