DFK Crosbie Blog
“I own a business and this is my dilemma…It’s a family business but it’s time for us to think about moving on. The problem is, we’re not sure who should take it over. Should we keep it in the family? And how do you choose the best person to run the business without creating a rift about who’s getting what?... more
Superannuation does not have to be time consuming or difficult.
Do the five-step super check to help sort out and grow your super.
Managing a self-managed super fund (SMSF) in the event a trustee passes can be a difficult and complicated process.
While succession planning may not be one of the first responsibilities which comes to mind when managing a SMSF, it can ensure the funds stability for remaining members as well as providing certainty and peace of... more
It’s known by a variety of names, such as the black economy, or even the cash or hidden economy. It is when people or businesses deliberately hide income to avoid paying the right amount of tax or superannuation. One of the ways they do this is by not recording or reporting all their cash income or electronic transactions.
Do you have your new Single Touch Payroll system sorted out and running smoothly?
No doubt, there were plenty of people in our industry who weren’t exactly thrilled at the prospect of yet another regulation to adhere to as of 1 July 2019. Single Touch Payroll (or STP) is a significant change, especially if your business isn’t... more
Medical practitioners, more so than business owners in other industries, are time poor. That makes outsourcing to specialists an important part of running a successful practice.
Many business owners choose to partner with an accounting firm rather than hiring in-house.
One vital element of operations... more
To date the majority of digital innovation in hospitality businesses, including hotels, pubs and clubs, has come in consumer-facing functions - customer service, administration, travel. In fact 64% of hotel guests said it was extremely/very important for hotels to continue investing in new technology to enhance the customer experience,... more
AUSKey will be retired in March 2020 to make way for the new online services systems the ATO is developing, “MyGovID” and Relationship Authorisation Manager (RAM).
MyGovID is an authentication service that will allow individuals to prove who they are online. This system will work by establishing your identity once online and... more
Effective negotiation strategies leave all parties satisfied while improving and maintaining personal relationships.
The key to success is remembering that everything is negotiable, and to get a deal you must ask for one. Negotiating is not always a straightforward process, with many people even finding it uncomfortable. It doesn’t... more