What is Payroll Processing and Why is It Important?

What is Payroll Processing and Why is It Important?

Payroll processing is a major financial responsibility for businesses with employees. Employers are required to compensate their employees for all work time, including attending meetings and opening and closing retail stores. Salaries must be disbursed monthly through...
BAS Due Dates 2024 for Lodging and Paying BAS

BAS Due Dates 2024 for Lodging and Paying BAS

Today’s blog post will share information on BAS due dates in 2024. Let’s know when you should lodge and pay BAS to avoid penalties. BAS Lodgment and Payment You will have several options for lodging your business activity statement (BAS). Filing electronically is...
What are Non-Commercial Losses and How to Defer Them?

What are Non-Commercial Losses and How to Defer Them?

See how you might be able to offset your business loss against other income if you are a sole trader or in a partnership. What are non-commercial losses? If you have a business that is not your main source of income and operates with a commercial purpose, you may...