Blog
Director ID and Penalties For Not Applying
Directors Who Have Not Met Their Obligations The Australian Business Registry Services (ABRS) continues to engage with directors who haven’t met their obligations, and if you are a director of an organisation that has yet to...
Super Payment Due Dates
An employee’s fund must receive their superannuation (super) payments on or before the quarterly super due dates, including the compulsory Employer Superannuation known as the Superannuation Guarantee (SG) Super must be paid to...
February 2024 Update
Evaluating Your Business Idea Create a Custom Business Plan For those thinking about starting a new business or wanting to improve your existing business plan, the business plan tool from business.gov.au is an easy way...
January 2024 Update
Setting Goals for the New Year Some Thoughts For Business Owners Business owners have a unique opportunity at this time of year to reflect on their company’s achievements and set the stage for financial success in the upcoming...
December 2023 Update
Small Business Resilience: Disaster Preparedness Disaster Recovery and Business Continuity Planning Australia’s summer brings the promise of warmth and sunshine and the potential for natural disasters such as bushfires, storms,...
November 2023 Update
Annual Shutdown Guide It is coming to that time of year again where Christmas is around the corner and the New Year follows shortly thereafter. While it is commonly a time for celebration and an annual vacation, it can be a...
October 2023 Update
PAYG Instalments Understanding and Choosing the Right Method for a Business Pay As You Go Instalments or PAYG Instalments are implemented by the Australian Taxation Office (ATO) to help businesses and individuals meet their...
September 2023 Update
Managing Small Business Debt How a Bookkeeper Can Help Assist a Business in Financial Trouble Bookkeepers can play a crucial role in identifying the signs of a small business in debt. By closely monitoring the financial records...
Small Business – Plan For Cost Rises
Plan The Increase in Costs to Business From 1st July The end of the financial year (EOFY) is an important time for business owners to request financials from the bookkeeper to help measure the success, identify issues from the year just finalised, and plan ahead...
Minimum Wage & Superannuation Guarantee Increase
Effective July 1, there's a noteworthy uptick in Australia's minimum wage by 5.75%, to $859.32 weekly. This adjustment will undeniably impact small businesses as their wage expenses increase, though it falls short in bridging the gap caused by the soaring cost of...
STP2 – What is it and why do we need it?
STP2: new payroll rules. Employers must report detailed pay and super information. Raven Accounting can help you stay within the ATO rules!
January 2022 Update
The Vital Role Bookkeepers Play in Helping Business
Bookkeeping plays a vital role in small business operations, but how much business owners know about the profession? What do Bookkeepers do, and what are some of the benefits of bookkeeping?