Latest News
The latest news in finance for McFillin Accounting.
Stapled Superannuation Funds
It has been common practice for employers to set-up superannuation accounts for employees who do not provide their superannuation account details. This practice has led to many employees having multiple superannuation funds and paying unnecessary fees on these...
Tax inVoice – ATO Podcast
Did you know the Australian Tax Office have a podcast. Tax inVoice is an easy way to keep updated about the latest tax and super information and how you can meet your obligations. You can listen on the ATO website here, or find it on platforms including Apple Podcasts...
Engaging Contractors
A common part of running a business is hiring workers. Just like when you hire employees, when engaging contractors, there are important steps you must take to ensure you are meeting your business obligations. We have included below a simple checklist to follow when...
Are you Getting the Most out of Your Accounting Software?
At McFillin our preferred accounting software is Xero. If you are not already familiar with Xero, you can learn more on their website here. Xero has many features available to make running your business easier. If you are new to using Xero, or already use Xero every...
2-Step Authentication – What to do When You Get a New Phone
2-Step Authentication (2FA) is that additional layer of security in your login process that provides a little extra peace of mind when it comes to protecting your accounts and identity from cyber breeches. The favoured 2FA login option is obtaining the six digit code...
Director Identification Numbers
From November 2021, directors will need to verify their identity as part of a new director ID requirement. A director ID is a unique identifier that a director will apply for once and keep forever. It will help prevent the use of false or fraudulent director...
Team Profiles
Cam Overs Director Cam is a driven person and works tirelessly, both in the office and at home with his wife Danielle and two children. His parents taught him to give 100% every time you do something, to never give up and no matter the result, get back out there and...
Single Touch Payroll (STP) for Closely Held Payees
The ATO have announced that they will allow deferral of Single Touch Payroll (STP) Phase 2 transition (for closely held payees). Where employers can start reporting from 1 January 2022, the ATO will support and encourage them to transition. If employers can start...
NSW CoVid-19 Support Grants
The New South Wales Government has numerous COVID-19 support grants including the following: JobSaver payment If your business has an annual turnover between $75,000 and $250 million and you’ve experienced a decline in turnover of at least 30% due to COVID-19...
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Brisbane
07 3263 7030
Suite 3, North Park Business Centre,
6 Babarra Street, Stafford
PO Box 6133, Mitchelton, QLD 4053
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1/134 Alexandra
Parade,
Alexandra Headland
PO Box 181, Mooloolaba QLD 4557