Our Blog

How Dext is saving our clients time for free!

One of the things we are passionate about here at Ace Business, is making business owners lives easier. Whether that is through tax advice, improving clients accounting and bookkeeping systems and recommending or offering apps that make processes easier. We also refer...

Director ID’s now required for Companies

ASIC has now implemented a new Director ID system. Company directors need to verify their identity as part of a new director identification number (director ID) requirement. A director ID is a unique identifier that a director will apply for once and keep forever –...

Super Choice Rules Changing From 1st November

When you have new employees who start from 1st November 2021, and they don't choose a super fund, there will be new steps that will need to be taken. You may now need to request their "stapled super fund" from the Australian Taxation Office (ATO). The ATO has...

Important Changes To Casual Employment Laws 27th September 2021

By 27th September 2021, all employers with 15 or more employees, will need to assess whether existing casual employees (employed before 27th March 2021), are eligible to be offered to convert to permanent employment. Employers will be required to either make a written...

Make sure your wage rates are correct

With award rates having gone up on July 1st 2021, we are just giving a reminder to make sure that the wages you are paying are correct. We just received an email from the Fair Work Ombudsman, which includes a tool to help work out the correct rates for this financial...

Updates on COVID Assistance – 11th August 2021

With the constant updates that are occurring, we thought we would put out an update on information regarding Covid-19 Support in the various states. The National Tax & Accountants' Association emailed us with a great pdf which had a summary of all the various...

Unsolicited Letters To Be Careful Of

Whilst we often are concerned about many different email scams there are also some letters that might arrive in your traditional mailbox (snail mail/letters), that can be expensive and confusing. They are sent to businesses as unsolicited letters to look like an...

Applications For Covid Business Lockdown Grant Now Available

Business Lockdown Grant The application process is now available to get the $1000 or $3000 SA State Government Grants. This is for businesses. The eligibility questions are as follows: To be eligible for the $3000 employing grant, as of 12:01am Tuesday 20 July 2021...

South Australian Lockdown Assistance July 2021

South Australia is in lockdown again for 7 days (at this stage). We have heard an announcement today that new financial assistance will be available to businesses along with the individual employee financial assistance that will be available. $3000 and $1000 Emergency...

NSW Covid-19 June 2021 Lockdown Relief

There is no doubt that the current times are unprecedented and Australia is going through a very difficult time at the moment with the lockdowns taking effect throughout a lot of the country. Although we have managed to avoid a lock down in South Australia we have...

Are you ready for June 30?

How did it get to June already? The month of June is upon us, and that means that the end of financial year is closing in. It's important to be prepared, so we've prepared a list of items below that you might need to think about before and after the June 30th End of...

Australia’s Biggest Morning Tea 2021

For the first time on Thursday 28th May 2021, Ace Business hosted Australia's Biggest Morning Tea at our office in Gulfview Heights. Australia's Biggest Morning Tea is an event to help raise vital money for cancer. We were delighted with the turn out, and also very...