Blog

You are a long-time retired

Rohan Brown

For many retirees, there is now a reasonable expectation of increased life expectancy. For many this could mean 20-30 years of life after retirement. However, for many this is a challenge after a long working life. It is becoming a challenge for many and leading to mental health challenges for retirees. The issue is that […] Read More

Technology Boost

Kerry Schultz

On 29 March 2022, as part of the 2022–23 Budget, the then government announced it would support small business through these new measures. The measures became law on 23 June 2023. The technology boost provides eligible small businesses with a bonus tax deduction for qualifying expenditure that was incurred in the period commencing 7:30pm AEDT […] Read More

Xero Tips & Tricks

Emily Moore

Accounting software like Xero has made it much easier and quicker for small business owners to manage their finances. That being said, there are lots of shortcuts and features that could make Xero even easier that you may not know about. Following is some handy tips and tricks (at the general user access level) to help you get […] Read More

WorkCover Insurance & the Excess Buyout Option. 

Cassie Gerdtz

Did you know, just like Home or Car insurance, when one of your employees makes a workcover claim, as the employer, you are liable to pay an excess? You can avoid the risk of paying the employer excess by selecting the excess buy-out option on your WorkCover Insurance premium. The buy-out option is a feature you can add or remove from your […] Read More

Why is my tax refund so small this year?

David Hadley

The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue compared […] Read More

Tax Refund

Lewis Thomas

Looking at a Tax Refund this year?  (even though our refunds are probably reduced this year) Want some smart ideas of what to do with your Tax Refund? With some extra coin it is always tempting to go off and splurge, but that is not necessarily a good idea!  Try the following ideas of what […] Read More

HOW TO RE-ENGAGE QUIET QUITTERS

Ross Laycock

Employee turnover is a concern for employers, but the subtle phenomenon of quiet quitting can be equally detrimental to the workplace. Quiet quitting refers to when employees disengage from their work and discontinue their discretionary efforts without openly expressing their intentions to leave the organisation. This phenomenon can be challenging for employers to detect and […] Read More

Are You Planning For Your Future

Yishu Sharma

Here are a few simple steps you might at least consider when thinking about your future. Help your super grow Whether you’re employed or self-employed, it’s never too late to build up your super to boost your retirement savings. Make sure your employer is paying you the right amount of super. Develop an investment plan […] Read More

Managing HR in your Workplace

Ross Laycock

Recently GTP invited the Victorian Chamber of Commerce and Industry (VCCI) to attend and present a training session to our entire Team. This session was aimed as both a refresher and an update of current legislation related to : This session reinforced that everyone has a responsibility to understand the expectations on any workplace with […] Read More

Look For Solutions, Not Just Problems

Ryan Schirmer

Here’s an article for every member of every team. Problems (or challenges, as we prefer to call them) are a natural offspring of change, and plenty of them are seen in the workplace every day. Becoming a finder of solutions, as opposed to just pointing out problems or complaining about them will make you an […] Read More