New Changes to Xero Plans and Pricing
Effective Date: 1 July 2024 Xero, the cloud-based accounting software provider, has announced big changes to their plans including restructuring their old plans to simplify things. However there are some increases in pricing for equivalent plans. See here for...
Xero Summer Series 2024
Introduction: On 13th February 2024, Bec and Paul had the distinct pleasure of representing Ace Business in attending the Xero Summer Series 2024, held at the iconic National Wine Centre in Adelaide. This event was a different style of event from Xero aimed at...
Super Guarantee Payments due
As we navigate through the early weeks of 2024, it's crucial for both employers and employees in Australia to be aware of the upcoming Superannuation Guarantee (SG) due date. The Super Guarantee (SG) is a mandatory contribution made by employers to their employees'...
The Super Guarantee Charge: What Employers Need to Know
If you are an employer in Australia, you have a legal obligation to pay a minimum amount of superannuation for your eligible employees. This is called the super guarantee (SG), and it is currently 11% of your employees’ ordinary time earnings. The Super...
Reminder: Upcoming Xero Price Changes Effective 13 September 2023
Introduction As many of you may already know through Xero's own announcements and emails, there will be some changes to the pricing of various Xero plans starting 13 September 2023. We wanted to ensure you're well-informed about these upcoming changes and how they...
Ace Business has a new home
After 15 months of searching, we have finally found a commercial premises. We made the move on the weekend of the 16th June, and are settling in well. The new premises is located at 1/74 Park Terrace, Salisbury. It is a progressive move, with us being in a section...
Super Guarantee (SGC) Rates Increased to 11% from July 1, 2023: Key Super Information You Need to Know
Introduction As the new financial year approaches, it's essential to stay informed about the latest changes to the Super Guarantee (SGC) rates. Effective from July 1, 2023, the SGC rate is set to increase from 10.5% to 11%. This is another crucial step in the...
Working From Home Tax Deduction Changes for 2022/23
The Australian Taxation Office (ATO) has announced changes to the fixed rate method for claiming working from home deductions, effective from 1 July 2022. Assistant Commissioner Tim Loh highlighted that taxpayers can use either the "actual cost" or "fixed rate"...
New Paid Family and Domestic Violence Leave Changes
The Fair Work Commission of Australia has announced the introduction of a new paid family and domestic violence leave. The leave is intended to support employees who have experienced or are experiencing family and domestic violence. Eligible employees will be...
How To Restore Duplicate Receipts In Dext
Many of our clients are using Dext. It's a great application to get receipts moving from your hand through to Xero. One issue that many people face at times though, is that sometimes a receipt will just disappear when it is pushed through to Dext. In the following...
Make sure your super guarantee payments are current and correct
To make sure you are not hit by additional charges, employers need to make sure that they are paying the correct amount of super for all eligible employees by the quarterly due date. For the July to September 2022 period is due by 28th October 2022. It is important...
Outcome of assessment changes
Here at Ace Business we are continually refining our processes to improve our efficiencies and to also better meet our clients needs. We are making some minor adjustments to our process for sending Outcome of assessments after the ATO has processed them. We will...