DFK Crosbie Blog
We have seen a rise in the number of enquiries from the Australian Taxation Office (ATO) in relation to employer’s compliance with the Superannuation Guarantee.
This increased activity is in line with a recent announcement by the ATO that they will be conducting additional audits in an attempt to recover the significant amounts of... more
When it comes to public holidays, business owners have the responsibility of getting it right. Consider the following:
National public holidays
Under the National Employment Standards (NES), the following days are national public holidays:
- 1 January (New Year’s Day)
Making sure employees are engaged and committed to their work will ensure they are making a valuable and profitable contribution to the business.
While daily tasks vary based on the type of business and industry, there are universal strategies employers and managers can implement to ensure employees are optimally engaged... more
Creating an efficient workplace is desirable for both staff and business owners alike. Not only does it save money and time, it can also improve productivity and morale.
Here are five ways to improve efficiency in your business:
Examine what is and isn’t working
Identifying your business’... more
Hospitality management trends of 2018 often revolve around improving a social media presence or customer service attention. While these are important, we also need to hone in on what's happening behind the scenes. Nothing can really trump the hard numbers - the real good old fashioned data on what's happening in and around your business.
For a long time, one of the best ways the hospitality industry could support its community was simply by hiring the locals. Hotels employ 300,000 people across Australia, generating between $11 and $14 billion a year in domestic economic activity, according to Tourism Accommodation Australia. So they do a good deal for the economy as is.
The decision between living debt free and having sufficient savings for retirement is often a difficult one.
There are benefits to allocating money to both your super and your mortgage. Take your personal circumstances into consideration with the following pros and cons of each:
To retire comfortably, you should be doing everything you can while still in the workforce to make sure your superannuation is as fruitful as possible.
Consider the following:
Consolidate super into one account
Super account fees can eat away at your super balance, especially if you have numerous