WELCOME TO THE NEW FINANCIAL YEAR - what a busy time of year for all of us. When owning and operating a business there are so many things to do, and usually tax and financial due dates are the last thing on your mind, making deadlines an easy thing to forget. We thought we would help you by providing all of the important due dates for this financial year, all in an easy to use table which you can view on any device. (more…)
We are very excited to welcome back Hayley, as she returns after giving birth to her beautiful baby girl, Bonnie. If you were to give us a call on a Wednesday or a Friday, you may be lucky enough to speak to her!
Wishing Bec and the NSW Performance Team the greatest of luck and safe travels as they complete their gymnastics tour around Germany. Bec, the photos look great, but I'm sure that you are missing the Summit team too much already. As the Germans say, viel Glück!
Re: SuperStream – Changes to reporting regulations and payment for superannuation contributions The SuperStream standard is part of the Australian government's Super Reform package. It will provide a consistent, reliable electronic method of transacting linked data and payments for superannuation. The goal is to improve the efficiency of the superannuation system, to improve the timeliness of processing of rollovers and contributions, and reduce the number of lost accounts and unclaimed monies. The standard requires employers to: - Send all data electronically ( for example employee’s details and the amount of super being paid) in a standard format - Make super contribution payments electronically. Cheque payment will no longer be accepted. - Link data and money with a unique payment reference number - Ensure data and payments are sent on the same day - Respond to fund requests for complete information within 10 business days Large and medium employers (with 20 or more employees) will need to start using the SuperStream standard for sending contributions to funds from 1 July 2014 and will have until 30 June 2015 to complete their implementation. A small business, with less than 20 employees, will begin to use the SuperStream standard for contributions from 1 July 2015. Due to the complexities associated with these changes, it is strongly suggested that you utilise the services of a superannuation clearinghouse or the payroll software to process your superannuation payments to ensure your compliance with SuperStream. If you have less than 20 employees you can utilise the Small Business Superannuation Clearinghouse, it is a free service administered by the Australian Taxation Office.
We are very happy to be supporting our local Anytime Fitness clubs in their BUILDING BETTER HUMANS campaign. On Friday 17th June from 7pm, at Club Macquarie Argenton, a trivia night is being held at $15pp on tables of 10. There will be tons of prizes, raffles and games to enjoy! The goal is to raise $75,000 within our local community, to smash the stigma of mental health and help educate and empower 1500 kids within the Newcastle Hunter region. The money raised goes straight back into the community, educating and empowering the young people to start a positive conversation about mental health and encouraging them to reach out for support, when they need it. To RSVP a table, or two, contact email@example.com. We look forward to seeing you there!
We are thrilled to announce the safe arrival of Hayley, and her husband Ben's, beautiful baby girl, Bonnie Jean Porch, who was born on 15 April. Both Mum and Bub are happy and healthy, and Hubby is quite chuffed.
MYOB has annouced a new update AccountRight 2016.1 has arrived! What's new? Speed it up! Faster and more stable experience Email from within AccountRight - And its simple to set up. Online, real-time invoicing - Its easy for both your business, and the customer. PLUS, There are new ways to get paid faster! MYOB PayDirect Online is coming soon to those businesses that registered their interest - This let's your customers pay you conveniently online. In just a few clicks, customers can pay using their Visa or MasterCard credit card. When viewing their invoices online, your customers won’t miss the big green Pay now button. Once the payment has been made, the details will automatically appear in your AccountRight company file, and the payment will be applied to the invoice it relates to, saving you from having to record the payment yourself. To offer online invoicing and payments to your customers, you AccountRight company file needs to be online. If you are unsure on how to do that, Learn about setting up your MYOB PayDirect Online for your business here. Want more information? Click here. Why wait? Download it now!
Summit Business Support would like to welcome the newest addition to our team, Lara Gurr. Lara joins Summit with experience gained from supporting a range of businesses including specialist medical and event management. She brings her remarkable organisational and time management skills to the administration position, working hand in hand with our team and clients. Lara looks forward to engaging with all of our clients and their businesses and furthering her bookkeeping knowledge. Lara's interests include spending quality time with her loved ones, watching sport and playing with puppies.
We are happy to announce that one of our team members, Hayley and her husband Ben, are expecting their first child this coming April. Both are extremely excited about the new addition to their family. Hayley will take maternity leave from 1st April 2016 returning on a part-time basis in August 2016. We wish Hayley and her family all the best for the impending arrival and look forward to welcoming her back later in the year. The girls at Summit, along with our fantastic clients, have made working during this time an enjoyable experience by ensuring a non-stop supply of delicious goodies! She would like to thank everyone for their expert advice on all things pregnancy and baby related.