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...
Super Payments due if intending to claim in current financial year
Business Owners Just a friendly reminder. If you would like to claim superannuation payments in the current financial year for the june quarter, you will need to finalise payments today so that they are processed. This will allow enough time for the super funds to...
Super Guarantee Changes Coming July 1st
June is now upon us, and that means many things - Tax planning, finishing off the years bookkeeping and much more. This year however, there will be major changes to super guarantee which will require changes to the way that super is paid. Up until now super...
Lodge your 2021 Tax Return before June 30 to avoid losing Family Tax Benefit and Child Care Subsidy
It's important to remember that you need to have your 2021 income tax return lodged before June 30 if you are the recipient of Family Tax Benefit (FTB) and/or Child Care Subsidy (CCS). Even if you have a deferral to lodge given by the ATO, this will not prevent...
Statewide Super Merger To Cause issues with Super Contributions
For employers that have employees that have a Statewide Super Superannuation Fund, the super accounts are being merged over to HostPlus at present. This will affect employees in a number of ways, and unfortunately there doesn't seem to be a solution to get around...
Quick Start Guide For Using Dext
Many of our clients are using Dext to take photos of their receipts and invoices, and this helps to keep their bookkeeping and accounts very organised. I thought I'd set up a quick guide to using Dext so that users know the 3 main ways to bring in invoices and...
South Australian support for Covid-19 impacted businesses – January 2022
Introduction With the onset of the Omicron variant, we've seen a huge spike in Covid-19 cases in South Australia and across Australia and the world. There have been some more relief packages released by the South Australian Government, which are designed to assist...
Superannuation Guarantee due on January 28
Just a short blog post to make sure that businesses don't fall into the trap of thinking that their quarterly Superannuation Guarantee isn't due, just because the post Xmas/New Year BAS has an additional month until it is due. 28th January 2022 - Superannuation...
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...
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 –...