Insights by
Systema Group

Under new legislation, all directors of Australian companies (existing or in the future) are now required to have a director...

The Victorian Government recently announced a $10,000.00 support fund is available to small to medium businesses affected by the COVID...

Congratulations to the Systema team for achieving this result through such challenging circumstances. Given the hardships of COVID and...

On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. For salary and wage payments made on or after 1 July 2021, the...

The Victorian Government recently announced a $371 million support fund to assist eligible small to medium businesses most affected by...

PAYG AND DEDUCTIONS FOR PAYMENTS TO WORKERS The ATO has reminded business taxpayers they can no longer claim deductions for certain...

BACKGROUND From 1 July 2019, if you have a total superannuation balance of less than $500,000 on 30 June of the previous financial year,...

Forward-thinking the act of thinking about and planning for the future, not just the present. A forward-thinking business is one that...

Small businesses with big data Big data is not exclusively suited for large businesses it can also assist small businesses in gaining a...

We are now using Xero in our Accounting firm – Xero is an easy to use but powerful online accounting system that’s designed specifically...

Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO. STP works by sending tax and super information...

The revenue threshold for accessing the $30,000 write-off has been raised from $10 million to $50 million, and it can be used multiple...

Tax is probably one of the least concerns for two people in the unfortunate event of a divorce. However, often overlooked changes made by...

As of the 1st of July 2017, a new ATO law regarding the sale of properties for more than $750,000 has come into action, affecting all...