Articles Accounting + Taxation
Salary sacrifice – Tips for employers
Allowing your employees to salary sacrifice can help them reduce their tax bill and it boosts engagement with your business. Another overlooked benefit is if your employee salary sacrifices into their super, you can claim a tax deduction for their contributions, as they are considered employer contributions.
Accounting + Taxation | Business Growth | Software
Xero Activity Statement Reporting – Unfiled GST Amounts
The Xero team has put together a short video describing the addition to the GST Activity Summary report, Unfiled GST Amounts.
Xero have added this feature to pick up the transactions that can sometimes get missed when completing your activity summary due to timing of transactions and coding.