by Jeanette Korporaal | Apr 26, 2022 | Church finance services, Churches, Financial Management, Superannuation
The 2022 Federal Budget made some changes to the superannuation that are relevant to small-medium Churches and Not for Profit organisations. 1. Superannuation Guarantee (SG) contribution for low-income earners The $450 monthly earnings threshold for superannuation...
by Jeanette Korporaal | Apr 1, 2022 | Church finance services, Churches, Financial Management, Not For Profit, Payroll, Systems, Xero
I’d like to share with you how we can work together to assist the treasurer in the financial management of your church or organisation. One of those ways is by providing bookkeeping and accounting services. We’ve worked with churches and NFPs for decades in a...
by Jeanette Korporaal | Nov 19, 2021 | Churches, Financial Management, Payroll, Xero
We have all been submitting STP to the ATO for over a year now. Soon STP will be expanding to STP Phase 2 The ATO says that STP Phase 2 “will reduce reporting burden for employers who need to report information about their employees to multiple government agencies. It...
by Jeanette Korporaal | Jun 7, 2021 | Churches, End of Year, Financial Management, Not For Profit, Payroll
Payroll Year end & STP Finalisations + Register for Live webinar on how to Process EOFY payroll in Xero June 30 is almost here and the STP Finalisations must be finalised and submitted to the ATO by 14th July. Here are some tips to help you get ready and to...
by Jeanette Korporaal | Jul 7, 2020 | Churches, Covid 19, Financial Management, Payroll, Risk
The basic principle is that “each employee’s annual wage is high enough to cover the award entitlements” Many churches have people working on their staff who fall under the Clerks—Private Sector Award. On the 1st March 2020 the Fair Work Commission introduced a major...