The Government will follow through on its pre-election announcement to freeze the current 9.25% Superannuation Guarantee for a further two and a half years. Under the current law which was introduced by the former Labor Government, the Superannuation Guarantee rate (currently 9.25%) was to increase to 9.5% on 1 July 2014, incrementally increasing to 12% by 1 July 2019. Read more
If you are a small business owner who wants your business to be profitable, it is very important to practice bookkeeping techniques. This involves the recording of every financial transaction that takes place in the business. Small business owners can simplify bookkeeping processes by using different financial software that are designed to meet the needs of a small business.