Happy New Year to you and your families and all the best for 2014!
Our office has re-opened as of Monday 6th January 2014 ready for the new year ahead.
For any queries, please don't hesitate to contact us.
For our direct contact details, please click here...
Unfortunately for us, Caitlin O'Shea will be leaving our office to begin her university studies in January 2014. We have valued having her in the office and wish her all the best for the future.
We would like to take the opportunity to introduce our new Accountant, Liz McGovern. Liz commenced with us in late December 2013 and is quickly becoming an asset to our team. Liz has had extensive experience in Individual & Small Business Tax and is looking forward to progressing her career with Mark Trovato Chartered Accountants.
As mentioned in our last newsletter, XERO has revised their pricing plans. The plans have extended from 3 main choices to over 6 options for all XERO users. All current XERO users would have automatically been allocated to the most suitable plan based on the size and usage of their data file.
Should you wish to review your new plan, please don't hesitate to contact Alison Trovato at our office to discuss.
From 1st July 2014 (2015), all employers with 20 employees or more (less), will be required to use the Data and Payment Standard to pay their compulsory Superannuation Guarantee Contribution.
The "Standard" is the act of engaging a third party centralised payment point which the employer sends all employee and SGC information electronically to and in turn is distributed to each employee's superannuation fund. The employer will not be required to make individual payments to each superannuation fund, they will make one lump sum payment to the centralised third party who will distribute the funds on behalf of the employer.
For example one such centralised third party is the Medicare Superannuation Clearing House has been operating the "Standard" practice for over 2 years.
This will save most employers time in making payments to various super funds.
For more information on the "Standard" requirements, please click here or contact our office.
For any other enquiries, please find our contact details below.
Mark Trovato Chartered Accountants