Our Blog

Learn how to prepare for the Taxable Payments Annual Report (TPAR) in Australia. Ensure compliance by identifying eligible payments, verifying contractor details, and lodging your report accurately and on time with the ATO.

Discover why an emergency fund is crucial for personal financial stability. Learn how much you should save and tips for building a fund to handle life’s unexpected events, ensuring peace of mind and financial security

Comprehensive guide on employing staff in Australia, covering essential legal requirements and documentation, including TFN declaration, Fair Work Information Statement, employment contracts, superannuation, right to work checks, company policies, payroll setup, and workplace health and safety compliance

Learn about the latest updates to Xero’s subscription plans and pricing for Australian customers, effective from 1 July 2024. Discover the streamlined new plan options and significant changes including the retirement of Planday and a new partnership with Deputy.

Explore the latest changes to Victoria’s Vacancy Residential Land Tax (VRLT), including new tax bases and exemption criteria. Understand how these updates affect residential land owners in Victoria and ensure your properties comply by July 1, 2024

May edition of the Practice Update relating to ATO news and updates. Make sure you’re informed of any news that might affect you.

Effective April 9, 2024, key changes to 147 employment awards impact superannuation choices. Employers must now offer super choice, and familiarize with stapled funds procedures. Learn how these updates affect you.

Discover how the Victorian Government’s 2024 reforms will transition from stamp duty to a new Commercial and Industrial Property Tax.

Explore the enduring consequences of data breaches on businesses, including financial impact, reputational damage, and regulatory challenges.

April edition of the Practice Update relating to ATO news and updates. Make sure you’re informed of any news that might affect you.

Navigating Tax Landscape: Key Changes for Australians in 2023/24At Plus 1 Group, a leading accounting firm in Shepparton, Victoria, we understand navigating tax changes can be complex. Here's a breakdown of key tax changes for Australians in the 2023/24 financial year...

Learn about the Stage 3 tax cuts effective from July 1, 2024, in Australia: Discover how the new tax rates and brackets will impact your income and tax payments.

Starting in 2024, all employees in Australia can sue employers for not meeting the 11% superannuation guarantee. This update extends rights, introducing penalties for non-compliance but includes exemptions for high-income earners. Understand the critical changes affecting employers and employees.

March edition of the Practice Update relating to ATO news and updates. Make sure you’re informed of any news that might affect you.

Your employee’s super contribution is only considered ‘paid’ on the date it’s received by the super fund. Significant penalties will apply for late payments.

The Victorian Government imposes a $264,352 fine on a company and its director for engaging unlicensed labor hire, underscoring strict enforcement of licensing laws in 2024. The case reflects ongoing efforts to combat exploitation in the labor market, emphasizing the legal necessity for businesses to verify labor hire licenses.

Starting in 2024, all employees in Australia can sue employers for not meeting the 11% superannuation guarantee. This update extends rights, introducing penalties for non-compliance but includes exemptions for high-income earners. Understand the critical changes affecting employers and employees.