Ace Business

New Changes to Xero Plans and Pricing

Paul Purczel — Fri, 07 Jun 2024 00:26:10 +0000

Effective Date: 1 July 2024 Xero, the cloud-based accounting software provider, has announced big changes to their plans including restructuring their old plans to simplify things. However there are some increases in pricing for equivalent plans. See here for xero’s announcement. The biggest part of these changes seem to be based around payroll with the […]

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Xero Summer Series 2024

Paul Purczel — Tue, 13 Feb 2024 23:57:29 +0000

Introduction: On 13th February 2024, Bec and Paul had the distinct pleasure of representing Ace Business in attending the Xero Summer Series 2024, held at the iconic National Wine Centre in Adelaide. This event was a different style of event from Xero aimed at providing a unique blend of insightful discussions about the state of […]

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Super Guarantee Payments due

Paul Purczel — Fri, 12 Jan 2024 01:17:36 +0000

As we navigate through the early weeks of 2024, it’s crucial for both employers and employees in Australia to be aware of the upcoming Superannuation Guarantee (SG) due date. The Super Guarantee (SG) is a mandatory contribution made by employers to their employees’ superannuation funds. This contribution forms a vital part of the retirement savings […]

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The Super Guarantee Charge: What Employers Need to Know

Paul Purczel — Fri, 06 Oct 2023 04:50:35 +0000

If you are an employer in Australia, you have a legal obligation to pay a minimum amount of superannuation for your eligible employees. This is called the super guarantee (SG), and it is currently 11% of your employees’ ordinary time earnings. The Super rate is set to increase by 0.5% per year until it reaches 12% in […]

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Reminder: Upcoming Xero Price Changes Effective 13 September 2023

Paul Purczel — Thu, 07 Sep 2023 21:34:01 +0000

Introduction As many of you may already know through Xero’s own announcements and emails, there will be some changes to the pricing of various Xero plans starting 13 September 2023. We wanted to ensure you’re well-informed about these upcoming changes and how they may affect you. Price Changes Overview The price adjustments are specific to […]

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Ace Business has a new home

Paul Purczel — Thu, 29 Jun 2023 04:16:43 +0000

After 15 months of searching, we have finally found a commercial premises. We made the move on the weekend of the 16th June, and are settling in well. The new premises is located at 1/74 Park Terrace, Salisbury. It is a progressive move, with us being in a section of the building to start with, […]

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Super Guarantee (SGC) Rates Increased to 11% from July 1, 2023: Key Super Information You Need to Know

Paul Purczel — Tue, 13 Jun 2023 01:14:59 +0000

Introduction As the new financial year approaches, it’s essential to stay informed about the latest changes to the Super Guarantee (SGC) rates. Effective from July 1, 2023, the SGC rate is set to increase from 10.5% to 11%. This is another crucial step in the scheduled increases to the SGC, which is a mandatory system […]

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Working From Home Tax Deduction Changes for 2022/23

Paul Purczel — Tue, 21 Mar 2023 00:42:00 +0000

The Australian Taxation Office (ATO) has announced changes to the fixed rate method for claiming working from home deductions, effective from 1 July 2022. Assistant Commissioner Tim Loh highlighted that taxpayers can use either the “actual cost” or “fixed rate” method to claim deductions, with only the latter undergoing changes. Key Changes Fixed rate increased: […]

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New Paid Family and Domestic Violence Leave Changes

Paul Purczel — Wed, 15 Mar 2023 06:46:54 +0000

The Fair Work Commission of Australia has announced the introduction of a new paid family and domestic violence leave. The leave is intended to support employees who have experienced or are experiencing family and domestic violence. Eligible employees will be entitled to 10 days of paid leave per year, which can be taken as a […]

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How To Restore Duplicate Receipts In Dext

Paul Purczel — Wed, 19 Oct 2022 08:13:10 +0000

Many of our clients are using Dext. It’s a great application to get receipts moving from your hand through to Xero. One issue that many people face at times though, is that sometimes a receipt will just disappear when it is pushed through to Dext. In the following guide you can see how to find […]

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