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New Grants Available

We have attached a list of grants available that you may be eligible for. If you are wanting to expand your business or upgrade equipment then one of these grants may be for you! Enquire with Plus 1 Group about the newest grants available and let us help you and your business grow and succeed!

Accelerate Small Business Grants Program

Provider: Queensland Government
Amount: Up to $10,000
Location:  QLD
Round 1: Closed
Round 2: Opens - 30 Aug 2017 closes - 20 Jun 2018
Summary: Provides targeted assistance to small businesses that demonstrate high-growth and employment aspirations, to engage high-level expertise for their business.

Automotive Transformation Scheme

Provider: Australian Department of Industry, Innovation & Science
Amount: Unspecified
Location: National (Australia)
Round 1: Closed
Round 2: Closes - 31 Dec 2017
Summary: Aims to encourage competitive investment and innovation in the Australian automotive industry and place it on an economically sustainable footing.

Seasons Greetings

Seasons Greetings from Plus 1 Group!

CPA Review

We are delighted to advise you the Plus 1 Group have had a very successful Professional Standards review with CPA Australia with the best result by some way we have ever achieved.

The CPA review is conducted every 4 years and requires substantive testing of the caliber of our internal work papers, Quality Assurance, Compliance, Professional Development and Training and Statutory requirements across taxation, GST and both general and specific advice.

We were also approached by our comparable industry professional body to consider moving to their designation.  Whilst we were extremely honored to be considered, we have decided to stay with our current professional accreditation.

Thank you to those who have given letters of recommendation and made their files available for the review process.  We hope you are equally thrilled to know the quality of your files are maintained by Best in Practise standards.

Single Touch Payroll

New ATO legislation commencing from 1 July 2018  


To download the payroll chart click here

For further information regarding Single Touch Payroll click here 

 

Tax Season 2017

Employment Opportunities

 

Want to join Plus 1 Group in 2017? 

We have the below job opportunities available:

Intermediate Accountant

Financial Planner

 

From the 1st July 2016, the ATO is requiring all employers to comply with new regulations relating to the payments of superannuation. SuperStream is a package of reforms designed to enhance the 'back office' of superannuation and is part of the Australian Government's Stronger Super reform.

SuperStream provides a simpler, consistent method for making super contributions, registering new employee super accounts and providing associated data. There are a number of options available for employers to use which ensure they meet the new reporting requirements. These include software packages such as Xero and MYOB, as well as Clearing Houses provided by the ATO, Retail, and Industry Funds.

If we haven't already done so a member of our team will be contacting you shortly to ensure you are ready for the 1 July deadline.

More information can be found here and a video explaining further can be found here.

Foodshare update

Foodshare update

Plus 1 Group Accountants recently presented Shepparton Foodshare with a cheque for $4,468. Kelly Jeffers from Plus 1 Group presented Ron Nicholls with the cheque for amounts raised by Plus 1 Group staff.

Plus 1 Group was thrilled to have raised an amount that will help so many members of our local community in need, and is committed to supporting Shepparton Foodshare and the great work it does into the future.

Supporting Shepparton Foodshare


SHOWING OUR SUPPORT TO LOCAL ORGANISATIONS MAKING A DIFFERENCE

As a firm, Plus 1 Group have been searching for local organisations that are making a difference to the lives of people in the Goulburn Valley. In late 2013 we came across Shepparton Foodshare â€" an organisation that is based on giving to those most in need. This organisation works closely with local businesses to reclaim food that would otherwise end up as waste. Foodshare then distribute the reclaimed food to local organisations that support the underprivileged. Sometimes this is a matter of a family being able to have food for Christmas lunch, or for parents to be able to feed their children breakfast, or provide a packed lunch for school.

Plus 1 Group are teaming up to try and raise funds and awareness to help support the positive impacts that Shepparton Foodshare is having on the local community. Over the next 12 months Plus 1 Group will strive to raise $50,000 to support Shepparton Foodshare. We are seeking the support of the local community to contribute to this worthy organisation, to ensure that it is here to stay for the long term.

Fundraiser committee members, Jacqui Pell, Kelly Jeffers and Matthew O'Bryan have set the wheels in motion to help get the first $10,000 raised before the end of September. Each staff member will be working towards raising $250 each, to help support the local organisation. 

Help us to support Foodshare, and make a difference! If you would like to donate, please email bba@brownbaldwin.com.au and we will make arrangements with you.

 

ASIC - New Business APP

A new smartphone application developed by ASIC will help small business owners undertake important checks before they enter into business transactions with other organisations.

ASIC Commissioner Greg Tanzer said, 'What you see on the surface isn't always what you get.

'Due diligence needs to start the moment you're thinking about starting a relationship with a business, not after you find out you're chasing money from a business that doesn't exist.

'ASIC's Business Checks app provides some general guidance on the steps small businesses can take to reduce the risk of being swindled by unreliable operators and fly-by-night businesses.

'There will always be an element of risk when you enter into business transactions, but you can help protect your interests by doing your homework and checking for warning signs'.

Available for smartphones and tablets, ASIC Business Checks encourages business owners to:

  • ask the right questions about the company, business and individuals they're dealing with.
  • check ASIC's registers and verify that the information they've been given is accurate
  • seek ASIC's help if they need more information or the support of a professional business adviser, and
  • report suspected misconduct to ASIC if they believe a company, business or individual is acting unlawfully.

'We understand that time and resources are tight for small businesses, which is why we've developed a tool which is free and easy to use.

'Small businesses account for 96% of businesses registered with ASIC, so a big focus for us in 2014-15 is providing the sector with information that is not only easily understood, but relevant and accessible', Mr Tanzer said.

ASIC Business Checks is available now on iTunes and Google Play.