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STP Phase 2 starts January 2022

Single Touch Payroll (STP) Phase 2 reporting starts 1 January 2022; learn what it means for employers.

Superannuation guarantee increase on 1 July

An SG base rate rise is set from 1 July which will increase from 9.5% to 10%, followed by incremental half percentage point increases each year to 12% on 1 July 2025.
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Single Touch Payroll changes

From 1 July 2021, most small businesses will need to be STP compliant. This includes small employers with closely held payees, as well as some microbusinesses and seasonal employers.
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Digital bookkeeping for business

At Notch Above Bookkeeping, our team is passionate and committed to working with business owners to get their bookkeeping on track — via the cloud. Whilst we're adjusting to a new world post-COVID, there's every reason to embrace a more streamlined, efficient approach to business bookkeeping.
The team from Notch Above Bookkeeping

Winning and keeping talent

If you’re a small business owner, here are four ways to set yourself apart as a top employer to win and keep your employee talent.
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Cost control measures

Effective cost control measures are crucial to cash flow for running a sustainable business at any time – but even more so during periods of economic uncertainty.
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Insurance broker’s bookkeeping now a breeze

Insurance broker now has peace of mind knowing that Notch Above’s bookkeeping processes produce accurate monthly data which is available to her whenever she needs it. It not only helps her in her business decision-making but it also makes for easy end-of-financial-year processing.
JobKeeper2020 Notch Above Bookkeeping

JobKeeper is changing

It’s good to hear JobKeeper has been extended, with some notable changes. We’ve tried to capture what’s new with the wage-subsidy program in this article.
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JobKeeper audits underway

Imagine going through the rigmarole to apply for JobKeeper when COVID-19 restrictions were rife, only to find your application rejected months later by Tax Office auditors. That is what happened to one small business who took a DIY approach to their JobKeeper application.