Join our Team: Trainee Accountant

June 2, 2023

We are (still) growing!

trainee accountant

"𝑮𝒓𝒆𝒂𝒕 𝒕𝒉𝒊𝒏𝒈𝒔 𝒊𝒏 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒂𝒓𝒆 𝒏𝒆𝒗𝒆𝒓 𝒅𝒐𝒏𝒆 𝒃𝒚 𝒐𝒏𝒆 𝒑𝒆𝒓𝒔𝒐𝒏, 𝒕𝒉𝒆𝒚'𝒓𝒆 𝒅𝒐𝒏𝒆 𝒃𝒚 𝒂 𝒕𝒆𝒂𝒎 𝒐𝒇 𝒑𝒆𝒐𝒑𝒍𝒆."

-𝐒𝐭𝐞𝐯𝐞 𝐉𝐨𝐛𝐬

For anyone who knows us, knows our team is a vital part of our growth and success, and that for all our accomplishments we wouldn't have been able to do it alone.

Once again, we're looking to expand our team and have on offer a 𝗧𝗿𝗮𝗶𝗻𝗲𝗲 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁 role within our business. If you want to kick-start your career in accounting while completing your degree under the mentorship of our Director and team of accountants; we have the role for you.

With a fair bit on offer, including a great work/life balance, flexible hours and a really close and supportive team, 𝗔𝗣𝗣𝗟𝗬 𝗡𝗢𝗪 to join our accounting and business advisory family!

𝗕𝗲 𝗤𝗨𝗜𝗖𝗞 as applications are expected to close Friday, 23 June 2023 OR if a suitable candidate is found before then.

Join our Team: Trainee Accountant

January 13, 2023

We are (still) growing!

trainee accountant

"𝑮𝒓𝒆𝒂𝒕 𝒕𝒉𝒊𝒏𝒈𝒔 𝒊𝒏 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒂𝒓𝒆 𝒏𝒆𝒗𝒆𝒓 𝒅𝒐𝒏𝒆 𝒃𝒚 𝒐𝒏𝒆 𝒑𝒆𝒓𝒔𝒐𝒏, 𝒕𝒉𝒆𝒚'𝒓𝒆 𝒅𝒐𝒏𝒆 𝒃𝒚 𝒂 𝒕𝒆𝒂𝒎 𝒐𝒇 𝒑𝒆𝒐𝒑𝒍𝒆."

-𝐒𝐭𝐞𝐯𝐞 𝐉𝐨𝐛𝐬

For anyone who knows us, knows our team is a vital part of our growth and success, and that for all our accomplishments we wouldn't have been able to do it alone.

Once again, we're looking to expand our team and have on offer a 𝗧𝗿𝗮𝗶𝗻𝗲𝗲 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁 role within our business. If you want to kick-start your career in accounting while completing your degree under the mentorship of our Director and team of accountants; we have the role for you.

With a fair bit on offer, including a great work/life balance, flexible hours and a really close and supportive team, 𝗔𝗣𝗣𝗟𝗬 𝗡𝗢𝗪 to join our accounting and business advisory family!

𝗕𝗲 𝗤𝗨𝗜𝗖𝗞 as applications are expected to close Friday, 10 February 2023 OR if a suitable candidate is found before then.

Join our Team: Team Leader - Business Services & Advisory

January 13, 2023

We are growing…again!

TEAM LEADER - BUSINESS SERVICES & ADVISORY

And again, 𝐰𝐞'𝐫𝐞 𝐡𝐢𝐫𝐢𝐧𝐠 and are on the look-out for a 𝑻𝒆𝒂𝒎 𝑳𝒆𝒂𝒅𝒆𝒓 for our Business Service Accountants.

If you're a public-practice accountant with solid experience managing a team, we'd love to meet with you.

With all the regular perks on offer (great work/life balance, flexible hours and a really close and supportive team), we encourage interested and qualified candidates to APPLY NOW to join our business advisory family.

Applications are expected to close 𝟑𝟏 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟑 OR if a suitable candidate is found before then.

NEWSFLASH REGARDING DIRECTOR IDENTIFICATION NUMBERS

November 30, 2022

The Australian Business Registry Services (ABRS) has announced that the 𝗱𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗜𝗗 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲 has been extended by two weeks, from 30 November 2022 (𝘵𝘰𝘥𝘢𝘺) to 14 December 2022.

The ABRS registrar has further commented that, as long as individuals have met their director ID obligations by 14 December, they would not apply compliance resources to determine their director ID obligations have been met.

HAVE YOU APPLIED FOR YOUR DIRECTOR ID?

March 24, 2022

Director Identification Numbers (DIN): Important Changes from 5 April 2022

⚠️ Changes from 5 April 2022

Until now - and from 1 November 2021 - newly appointed directors had 28 days to apply for their DIN.

This will now be the standard process for director appointments moving forward, and means that you will need your DIN before you set-up any new company registrations of which you will be a director.

What if I was appointed as a director before 5 April 2022?

If you were appointed as a director between 1 November 2021 and 4 April 2022 you have 28 days from the date of your appointment to apply for your DIN.

If you were appointed as a director on or before 31 October 2021, you have until 30 November 2022 to apply for your DIN.

Failure to satisfy the new requirements may result in both civil and criminal penalties so it is important that you meet the government’s application requirements by the application deadlines.

Not sure how to apply for a DIN?

We have prepared a handy Guide to assist our clients with this process. Please click the below link to access the PDF document:

GUIDE: Apply for a Director ID (DIN)

As always, we are here to help. Please reach out to us if you need a hand.

The McCallum Partners Team

EVENT: Reset Your Mind, Reboot Your Business

March 7, 2022

𝗥𝗘𝗦𝗘𝗧 𝗬𝗢𝗨𝗥 𝗠𝗜𝗡𝗗, 𝗥𝗘𝗕𝗢𝗢𝗧 𝗬𝗢𝗨𝗥 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦

It's been a whirlwind couple of years for all of us, and especially for business. But how do you move forward in your business with confidence and renewed energy?

Lake Macquarie Business is offering the 𝗥𝗲𝘀𝗲𝘁 𝗬𝗼𝘂𝗿 𝗠𝗶𝗻𝗱, 𝗥𝗲𝗯𝗼𝗼𝘁 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗘𝘃𝗲𝗻𝘁 tomorrow in two sessions (Morning or Evening).

Not only will you walk away with practical, sustainable tools that will help you to 𝙘𝙝𝙖𝙣𝙜𝙚 𝙮𝙤𝙪𝙧 𝙢𝙞𝙣𝙙𝙨𝙚𝙩, 𝙘𝙧𝙚𝙖𝙩𝙚 𝙖 𝙘𝙡𝙚𝙖𝙧𝙚𝙧 𝙫𝙞𝙨𝙞𝙤𝙣 𝙖𝙣𝙙 𝙡𝙚𝙖𝙧𝙣 𝙩𝙤 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙩𝙞𝙢𝙚 but you'll receive all of this from some of the top leaders in local business and mental health and wellbeing from Mint Dynamics, Wellbeings & Co, and Recruit Personnel.

Trust us when we say you won't want to miss this. Follow this link to register your spot now, which includes a complimentary planner and light refreshments.

Office Closure

December 24, 2021

We are now closed for the Christmas and New Year break, and will be returning to the office Monday, 10 January 2022.

As always, it’s been a pleasure - nothing is possible without our valued team, clients, friends, and community.

It’s been another one of those years this year, and from our families to yours we hope you find rest most of all this holiday season!

The McCallum Partners team

DO YOU NEED A DIRECTOR ID?

November 25, 2021

Are you a director of a company? You now need a Director ID!

New legislation requires that all directors of Australian companies must have a director identification number (DIN).

What is a DIN?

A DIN is a unique 15-digit identifier that a director will apply for once and will keep forever - even if they cease to be a director, change their name, or move interstate or overseas.

The purpose of introducing DINs is to prevent the use of fictitious director identities, assist regulators to trace directors’ relationships with companies and to better identify directors involved in unlawful activity.

When do I need to apply for a DIN?

When you must apply for a DIN depends on the date you became a director.

If you were appointed as a director:

on or before 31 October 2021, you must apply for your DIN by 30 November 2022
between 1 November 2021 and 4 April 2022, you must apply within 28 days of your appointment
from 5 April 2022, you must apply before you are appointed as a director

Failure to comply with the new DIN requirements may result in both civil and criminal penalties, so we encourage existing directors to complete this requirement as soon as possible.

How do I apply?

We have prepared a Guide to assist our clients in completing this process. Please contact us if you would like a copy.

As always, we are here to help. Please reach out to us if you need a hand.

The McCallum Partners Team

Join our Team

November 8, 2021

We are growing…again!

Intermediate or Senior Accountant

Are you an experienced accountant with at least 3 years public practice experience, or know someone who is? We want YOU for our newly created role of Intermediate or Senior Accountant.

With a fair bit on offer, including a great work/life balance, flexible hours and a really close and supportive team, APPLY NOW to join our accounting and business advisory family!

BE QUICK as applications will close Friday, 26 November 2021.

Employer Changes to Super Choice Rules

September 30, 2021

From 1 November 2021 if you hire a new employee you will need to complete an 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯𝘢𝘭 𝘴𝘵𝘦𝘱 to complete your employer obligations.

Currently when a new employee starts work, they are able to nominate their own super fund to accept Super Guarantee (SG) contributions.

Where an employee 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 nominate their choice of super fund, you can pay their contributions into your complying nominated (default) super fund, otherwise known as the "employer-nominated fund".

However, from November 2021 there is an additional step that must be completed to ensure that employers are meeting their choice of super fund requirements.

𝙍𝙚𝙦𝙪𝙚𝙨𝙩 𝙎𝙩𝙖𝙥𝙡𝙚𝙙 𝙎𝙪𝙥𝙚𝙧 𝙁𝙪𝙣𝙙 𝘿𝙚𝙩𝙖𝙞𝙡𝙨

Where an employee does not nominate their choice of a super fund, employers may now need to request their 'stapled super fund' details from the Australian Taxation Office (ATO).

A stapled super fund is an existing super account of an employee that follows them as they change jobs.

The good news is that this change means that new employees will avoid paying excess account fees for unintended super accounts set up when they start a new job.

𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝗧𝗼 𝗗𝗼 𝗙𝗿𝗼𝗺 𝟭 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟭

1. 𝑶𝒇𝒇𝒆𝒓 𝒚𝒐𝒖𝒓 𝒆𝒍𝒊𝒈𝒊𝒃𝒍𝒆 𝒆𝒎𝒑𝒍𝒐𝒚𝒆𝒆𝒔 𝒂 𝒄𝒉𝒐𝒊𝒄𝒆 𝒐𝒇 𝒔𝒖𝒑𝒆𝒓 𝒇𝒖𝒏𝒅 (there is no change to this step of your super obligations) by providing eligible new employees with a Super standard choice form.

2. 𝑹𝒆𝒒𝒖𝒆𝒔𝒕 𝒔𝒕𝒂𝒑𝒍𝒆𝒅 𝒔𝒖𝒑𝒆𝒓 𝒇𝒖𝒏𝒅 𝒅𝒆𝒕𝒂𝒊𝒍𝒔 for employees who do not nominate a super fund. To do this, you will need to login to Online Services for Business and go to 'Employee Super Accounts' to request their stapled super fund details. If the ATO provides these details, you must pay your employee's super using the stapled super fund details.

3. 𝑷𝒂𝒚 𝒔𝒖𝒑𝒆𝒓 𝒊𝒏𝒕𝒐 𝒂 𝒅𝒆𝒇𝒂𝒖𝒍𝒕 𝒇𝒖𝒏𝒅 if your employee doesn't nominate a super fund, and the ATO have advised you that they don't have a stapled super fund.

For more information, see the ATO's website or t h is link or contact our team!

IMPORTANT UPDATES: NSW COVID-19 BUSINESS GRANT & JOBSAVER

August 11, 2021

🆕 𝗔𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝗺𝗽𝗮𝗿𝗶𝘀𝗼𝗻 𝗽𝗲𝗿𝗶𝗼𝗱𝘀 𝘁𝗼 𝗽𝗿𝗼𝘃𝗲 𝗲𝗹𝗶𝗴𝗶𝗯𝗶𝗹𝗶𝘁𝘆

Previously businesses needed to show a decline in turnover of at least 30% over a minimum two-week period compared to the same period in 2019. However, this has now been updated to also include the same period in 2020 or the two-week period before the Greater Sydney lock began (11 June 2021 to 25 June 2021).

🆕 𝗣𝗮𝘆𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 𝘄𝗵𝗶𝗹𝘀𝘁 𝗿𝗲𝗰𝗲𝗶𝘃𝗶𝗻𝗴 𝗝𝗼𝗯𝗦𝗮𝘃𝗲𝗿

It is not a requirement that you keep paying your employees whilst your business is receiving JobSaver. It is only a requirement that you 𝑚𝑎𝑖𝑛𝑡𝑎𝑖𝑛 𝑦𝑜𝑢𝑟 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒 ℎ𝑒𝑎𝑑 𝑐𝑜𝑢𝑛𝑡 by keeping them on your books.

Employees that have been stood down under the Fair Work Act 2009 or take leave without pay will still be consider employees for the purposes of the headcount, and these employees will be able to apply for the COVID-19 Disaster Payment instead.

𝗠𝗼𝗿𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻:

COVID-19 Business Grant

JobSaver

JobSaver Guidelines

COVID-19 Disaster Payment