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...
Director ID’s reminder
We just wanted to remind everyone that director ID's are required if you are a director of a company. We previously outlined the process in a blog post. If you have previously applied for the director ID but not sent it through to us, please do so by emailing...
Xero Price Rise Coming In September
Unfortunately as with many of the online apps have been doing, Xero has decided that it will be raising it's prices in September. The latest price rise, follows a number of software price increases that we've endured in the past 12 months with a 750% increase in...
Ace Business Has A New Location And New Staff
We are excited to announce that Ace Business now has a new location. Last week we officially moved into our new office space at 928 North East Road Modbury. We are loving our new space, which is much bigger than the home office, and allows for much quieter work and...