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News and insights for small businesses

Get the latest industry news, including top tips from accounting and small business experts.
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Enter our photo contest for a chance to win $300 🤑⁠ ⁠ We're all for small, and small business owners have some of the coolest jobs in the world 😎⁠ ⁠ From running your own cafe to doing your payroll in a digger, we wanna see it! So tag us in a photo of you running your small business for a chance to win the grand prize 💰️⁠ ⁠ DEADLINE: Midnight 27th November AEST 🗓️⁠ ⁠ FULL RULES in the link in our bio 🔗 Post questions below! Runners-up announced on the 27th Nov, winner announced Friday 28th Nov 🎉
Need a nap before and after Black Friday 🛍️ 🥴⁠ ⁠ Black Friday is becoming one of the most profitable parts of the holiday season in Australia 💸 💸 ⁠ ⁠ In fact, the Australian Retailers Association says Aussies are set to spend up to $6.8 billion between Black Friday and Cyber Monday in 2025 🚀 🎄 📦 ⁠ ⁠ So Shop Small this holiday season 🫶 And be nice to small business owners. (They work hard!)⁠ ⁠ Black Friday survival tips for small business owners in the link in our bio 🔗 ✨
Will you have enough savings to retire? Payday Super might give you a boost 💰⁠ ⁠ Right now, Australian businesses only have to pay superannuation quarterly (although many do it more frequently) 🗓️ However, this delay means some Aussies miss out on interest! ⁠ ⁠ This is because interest is cumulative and depends on the *base* balance. So if your balance rises a little bit each month, you earn MORE interest than if it rises a lot every three months 📈 🤑⁠ ⁠ Essentially:⁠ ✨ Many smaller payments = more interest ✨⁠ 💀 Few large payments = less interest 💀⁠ ⁠ Payday Super plans to fix this gap! It will make it so that every business has to pay super alongside wages within 7 days, starting 1 July 2026. ⁠ Curious? Link in bio to see how it works and when this is happening 🔗 ✨
Not every employee in Australia gets the same benefits! 👷 💸 ⁠ ⁠ To be clear, most employees in Australia are eligible to receive Superannuation Guarantee (SG) contributions from their employers 🏦 This gives them savings for retirement 🧓⁠ ⁠ But contractors like tradies or freelancers fall into a special category 🚧 Because they run their own business, unless their contract says otherwise, they are responsible for topping up their own super funds.⁠ ⁠ Link in bio for more information on hiring contractors 🔗 ✨
Hub for do-gooders, now live ✨⁠ ⁠ Nonprofits have unique accounting, payroll, and invoicing needs 💸 Depending on their structure and purpose, they also have specific compliance requirements with the ATO and ACNC ✅⁠ ⁠ This includes *lots* of rules and regulations around:⁠ 💸 GST registration ⁠ 💌 Donor gift receipt eligibility⁠ 🏦 Tax-exempt status⁠ 🤑 Fundraising & member benefits⁠ 😱 What happens if you shut up shop⁠ 🙌 And more! ⁠ ⁠ A charity like Vinnies is NOT the same as a local sports club or a school canteen 🙅 However, they all have one thing in common: doing good in the community 🫶 ⁠ ⁠ So they deserve a fair go — and that means easy, helpful guides and affordable accounting software 💻 📲 Tips, tricks, and resources for nonprofits in bio 🔗 ✨
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