Blog

It’s calculated on the amount of wages you pay per month. You need to pay payroll tax if your total Australian wages exceed the exemption threshold in your state or territory – this varies between states but for this blog... Read more

Looking to 2014 we see great things happening, all of which are only going to improve our service and scope for our clients. Like all good relationships, we think it’s important to share our vision for the coming year and... Read more

Back in the junior accountant days our clients looked very different. The number one concern was around “what can I claim to reduce my tax bill?” Fast forward to 2013 and clients are painting a different picture. Now, clients are... Read more

Q: What’s the definition of an accountant? A: Someone who solves a problem you didn’t know you had in a way you don’t understand. We think this joke is funny. But unfortunately for some business owners – it’s a reality.... Read more

As paperless accountants, we make no secret of being advocates for cloud accounting. We do understand however that not all business owners are as eager to join the cloud as we are. Often clients that are tentative to join the... Read more

Last month we announced the exciting news that we had integrated eWAY into our payment methods. We got inundated with positive feedback and requests for more information.  So this month we thought we would cast a spotlight over eWAY and... Read more

At 542 Partners we like to see our clients not just at tax time, but all year round. We pride ourselves on building long lasting solid relationships with our clients. Our office is the place where all the magic happens.... Read more

Every day business owners create more work for themselves with unnecessary double business processes. Time sheets, expense claims, daily POS and supplier invoices do not have to be manually entered. We all know that time is money, so why not... Read more

  We are thrilled to be now up and running and would like to extend a big thank you to all those who have so generously offered their support from day 1. Over the coming weeks and months we plan... Read more

Make your superannuation contributions before 30 June For businesses, your June quarterly superannuation contributions are not due until July. However, by paying the contribution before 30 June you can bring forward the deduction into the current financial year. For individuals,... Read more