Sullivan Rees is an experienced, pro-active accounting firm located in Coolangatta (Gold Coast) and TweedHeeds (Tweed Coast). We are trustworthy, friendly and helpful: we understand the obstacles you face everyday in your business, and our accounting services cover every angle to overcome these challenges. Our personal approach means you have the guaranteed stability and continuity of your own advisor assigned to focus on you and your business.
We can help you capitalise on opportunities, and when necessary minimise problems; we are there through the good and the not so good times.
Sometimes the only way to understand a person’s business or financial situation is by meeting face-to-face. All new clients or people looking to speak with an accounting professional are offered an initial consultation with the first hour at no charge. If you have some concerns and wish to take advantage of a confidential personal discussion simply call 07 5536 2111 to arrange a meeting.
Employees are arguably a business’s greatest asset and are vital to its growth and prosperity. But to make the most of this valuable resource, employers must ensure that they fulfil their legal responsibilities and moral obligations as an employer.
To help avoid having a call from the Fair Work Ombudsman, here are a few points to consider:
National Employment Standards (NES) The NES are a set of standards set forward by the Fair Work Act 2009 and acts as a guide that underpins modern awards, enterprise agreements and employment contracts. The ten NES include:
Maximum weekly hours of work
Requests for flexible working arrangements
Unpaid parental leave and related entitlements
Personal / carer’s leave and compassionate leave
Community service leave
Long service leave
Notice of termination of employment and redundancy pay
Ensuring you provide the Fair work information statement
Superannuation Guarantee When it comes to superannuation, your obligations as an employer are simple. All employers must contribute 9.5 per cent superannuation on behalf of their employees on a quarterly basis. Super contributions must now be processed through a registered clearing house to ensure compulsory and voluntary contributions are allocated accordingly.
Entitlements It is important that pay templates are setup immaculately so that all leave types accrue correctly from the moment you hire each employee. Allocating entitlements correctly from day one ensures that you will not find yourself in trouble down the track. Ideally, businesses may benefit from opening up a separate account so that money can be put aside for obligations.