Time, Attendance and Payroll
Payroll – Confidence that your payroll is right.
We have all seen enough in the media in recent times about wage underpayments by large corporates to make any business owner anxious! This highlights how complex payroll compliance is for any business. The Business Lighthouse team can take all the stress out of this critical part of your business.
Getting payroll right relies on good knowledge backed up by good payroll software.
Business Lighthouse has specialist team members with the right knowledge dedicated to payroll and superannuation compliance.
We work with small to medium-sized businesses to ensure complete compliance in all payroll activities. We advise and assist, ensuring that employees are paid correctly, on time and that staff entitlements are correctly accounted for.
Investing in the best help in this area. will ensure that your business does not end up in ‘hot water’ over payroll - Don't stint on great advice! At Business Lighthouse we work closely with HR specialists to ensure you are payroll compliant.
Business Lighthouse have been critical to the development of our Aboriginal community organisation since 2014 when we first opened our doors. The financial services support, expertise and advice we have received over the last five years has enabled us to flourish. We have really appreciated our relationships with their friendly staff who have always been approachable and committed to Willum Warrain's success.
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Maddingley Montessori Centre appointed Business Lighthouse over 2 years ago as our Virtual Finance division. The team at Business Lighthouse are exceptional and no task is ever a problem, no matter how easy or complex the task.
We can't recommend Business Lighthouse highly enough - if you are a small business looking for an extremely efficient and trustworthy team to help you handle your accounts, business processes and cash flow, these are the guys for you.
It started with the integration of Xero with our inventory system Trade Gecko & our POS system Shopify and now they provide the full Virtual Finance Dept service for us, run our payroll, look after our quarterly BAS and lodge our annual returns.
PILOT real estate agents has had numerous accountants as we've gone about our business journey in two States. I haven't yet found an accountant team as nice, as highly effective or as honest as Business Lighthouse. We love working with them and suggest you might too.
Fill out an enquiry form and someone from our team will be in touch with you.
Business Lighthouse provides innovative solutions, with a client-centred approach, to help build local businesses into a force for social good. Yes there is a lot in that sentence. We understand that compliance is necessary however it is only one part of what we do to support businesses. We understand the importance of solid processes and systems to strengthen operations as well as the need to support your business strategy through comprehensive financial forecasting.
The infrastructure of the Australian community such as health, education and public transport, etc are largely funded through various local, state, and federal government revenue-raising activities as part of a broad taxation system. Central to our taxation system are a raft of compliance requirements which help ensure the correct amounts of revenue are collected from taxpayers. Compliance requirements in this area include GST (BAS lodgements), PAYGWH (tax withholding on employee wages, various payroll reporting), and Income Tax return lodgements (income tax liability). The Australian taxation system provided nearly $600b of revenue in 2020/21, nearly 30% of GDP! Additionally, our business and organizational activities are regulated to provide various protections to customers, employees and other stakeholders. Compliance activities in this area are extensive and include those related to workover, fairwork, ASIC, SRO and the ACCC.
Increasingly the Australian tax and accounting system is becoming increasingly complicated and non-compliance creates the risk of penalties. To ensure your exposure to risk in these areas is minimized, a qualified accountant or bookkeeper is in the best position to help and guide you. Trying to do it yourself will inevitably cost you more money in the long run. Do not make that mistake. You are good at what you do. Let a committed skilled accountant 'partner' remove the burden and risks of this area of the business from you allowing you to concentrate on growing your business.
Our team of experienced finance professionals will take the stress and anxiety out of your bookkeeping and accounting.
