FORKS IN THE ROAD

Instead of advancing up a career ladder rung by rung, Bright sees the modern world of work as akin to a cocktail party. “If you are open to it, you can have these completely chance encounters with people, and opportunities can come from it,” he says.

Rather than waiting for changes to occur, the most “career resilient people” are those who are readily and routinely testing their abilities against market demands. They are also keeping their interview skills up to scratch by attending interviews “even if they won’t necessarily take the job”.

“Sometimes, our work myths and projections are based on the idea of stability, loyalty and long-term employment, but the reality of work is that there is a lot of unpredictability,” Bright says. “The more you can support yourself, the better off you will be.”

“People will come to me really broken, because they were promised an equity partnership in a business and then the owner sells because they get an offer they can’t refuse,” Bright says.

“I think a lot of employers want to do the right thing by their employees, but as events like COVID-19 show, things are not always in their control.”

SKILLS FOR THE NEW NORMAL

“That way, you end up with a collection of maps for different scenarios, so if anything does happen – negative or positive – you can whip out one of these blueprints,” he says.

Secondly, Bright recommends improving transferable skills – those that are not easily automated or replaced.

“People employ people they like, and they employ people who their friends have recommended, so that is why networking is so important.”

However, he advises against being too cynical about your networking efforts – do not only aim to meet people who are more senior than you to help you climb the ladder. Instead, be generous and collegial.

“Social media [is] a great place to network, especially LinkedIn groups or even Twitter,” Bright says.

THINK SIDEWAYS TO REACH THE TOP

“Employers want a business CFO rather than a finance CFO, and by that I mean somebody who has a wider perspective outside of the financial in the way they approach making business decisions,” Kularajah says.

The more cross-industry experience you have, the more versatile you become. “For example, if you are in FMCG [fast-moving consumer goods], then you should also start to look at other finance roles in other types of industries, such as technology, healthcare or banking,” Kularajah says.

However, it’s important that versatility and breadth of experience do not come at the cost of depth. “You have got to try and build both, because that is what employers are really looking for these days,” she says.

Employers want someone who is able to dive deep and look at an issue at a very granular level, as well as being able to telescope out and take a more strategic view. “People who are high performers are able to do both,” she says.

Ref: CPA

Decision-making tips to improve your work performance

 Tea or coffee? Toast or cereal? Bring an umbrella or chance it? According to American psychiatrist Lisa MacLean, the typical person makes about 35,000 decisions a day. No wonder when your partner asks what’s for dinner, it can feel like the last straw.

Know your values

At the heart of good decision-making is a level of self-knowledge: making the right decision for you. Any decision can have a bad outcome, but you will most regret the choices that go against your personal values.

Kimberly Singh FCPA, CFO and chief wellness officer at growth and leadership training company Populis, says the first step is to write down your personal values and beliefs. “If it’s difficult, think back on past decisions you have made and how you felt after you made those decisions and lived with the results,” she advises.

Examples of personal values include dependability, generosity, integrity, family open‑mindedness and sustainability. If you find yourself coming back to money or belongings as a driver of your decisions, look deeper: the underlying personal value might really be something like security or self-reliance.

Once you have a list of your values, rank them in order of importance. When you have a decision to make, consider how the choices align with this list of what’s most important to you.

The star model

Once you have identified your values and the traits that could influence your decisions, Alison points to the STAR model to guide your decision-making process.

Stories and scenarios: what is the situation, and what are your options? You should have at least three options: a best outcome, a worst outcome, and something in-between.

Time mastery: do you need to decide now? If not, how much time do you have? Use it to get more information.

Adaptation and assumptions: use additional information and discussion to test your hypotheses and consider alternatives.

Revision and resilience: know when to stick with a plan and when to reconsider, especially if new information becomes available.

Singh has one last piece of advice: do not waste your energy on decisions that will clearly take you in a different direction from your true north. “Distractions can often be disguised as opportunities. For us to not be distracted, we need to truly understand our personal path and how we intend to get there.”

Top tips for decision making

2. Get multiple views.

Ask for people’s opinions, but do not limit yourself to just asking friends or family. People who sometimes disagree with you may offer a perspective that is worth considering.

3. Use a decision tree.

Plot out the possible outcomes of different choices and see how they compare. Making lists of the pros and cons can also help you to determine the best choice.

4. Make big decisions in the morning.

Try to make big decisions when you feel well rested and energised.

7. Decide, then move on.

Once you make a decision and act on it, resist the urge to second-guess it. You made the best decision you could, based on the information you had.

Resilience in decision making

Health: Try for at least a small amount of semi-regular exercise, and eat well.

Purpose: Know that what you do makes a difference, at work and at home.

Feedback: Reflect on, share and discuss your successes and your failures.

Joy: Do things you enjoy: spend time with friends, dance, laugh and recharge.

“Think of these four pillars of resilience as the legs of a table,” says Alison.

“You might be able to neglect one pillar for a while, but it makes your table wobbly. Neglect two of these pillars for too long, and your table will become really unstable.

“You’ll be more prone to making the errors that can lead to bad decisions.”

Definition:

the final/last straw

idiom (also the straw that breaks the camel's back)

 

C1

the last in a series of unpleasant events that finally makes you feel that you cannot continue to accept a bad situation:

Losing my job was bad enough, but being evicted was the final straw.

She's always been rude to me, but it was the last straw when she started insulting my mother.

Ref: CPA

Taking a people-centric approach (and why it works)

 To Julian Hutabarat CPA, Beany Australia general manager, accountants do more than crunch numbers. They build partnerships with small business clients, nurture those relationships and help clients to achieve goals greater than simple tax compliance.

It starts at understanding who a business owner is and what they want to achieve, he says. Being able to communicate in everyday language – not “accountant speak” – increasingly involves offering a whole business service that helps clients to realise their personal and professional goals.

“Good advice comes from solid compliance, so that business owners have confidence their government obligations are being taken care of and their financial information is accurate,” says Hutabarat. “But the value is in using that information to present opportunities, as well as highlight risks, for moving forward.”

Beany uses technology designed to provide high-quality business and accounting services and advice to small business owners at a fixed monthly cost, so they can focus on goals and growth.

The company has developed software to collect all the necessary information accountants need to undertake engagement, onboarding, compliance, forecasts, budgets and more for SMEs.

Once online onboarding is complete, Beany appoints a personal accountant – who has access to all the requisite information to start work immediately – to the client. Clients then have access to unlimited support and advice.

Hutabarat believes this allows business owners to reach out with concerns without fear of bill shock, allowing accountants to address issues and seize opportunities as they arise.

One piece of advice

“Always challenge the status quo, not for the sake of change, but with the desire to improve. Come with your vision in mind and a solution on how you want to achieve it in both your professional and personal capacities.”

Ref: CPA

Fair Entitlements Guarantee (FEG)

 A legislative safety net scheme of last resort with assistance available for eligible employees.

FEG is operating as usual and has arrangements in place to ensure services remain available to claimants and potential claimants.

By law, strict timeframes apply to FEG claims. Claimants are encouraged to submit their claims electronically wherever possible. This will ensure we are able to contact you quickly to discuss any further information we need for your claim to be effective, and assist with efficiency of processing.

What can I claim?

You may be able to claim:

• your unpaid wages—up to 13 weeks
• your unpaid annual leave and long service leave
• payment in lieu of notice—up to five weeks
• redundancy pay—up to four weeks per full year of service.

Note: unpaid Superannuation Guarantee Contributions cannot be claimed. You should pursue these through the Australian Taxation Office.

Find more information on what you can claim in the What assistance can FEG provide fact sheet.

Definition:

payment in lieu of notice - 

Instead of giving you the required period of notice, your employer can pay you an amount equal to your wages for the period of notice you are entitled to, and ask you to leave straight away. This is called a payment in lieu of notice.

Notice of termination & redundancy pay - Fair Work Ombudsman

Redundancy occurs when an employer either decides they no longer need an employee's job to be done by anyone, or the employer becomes insolvent or bankrupt, and terminates their employment.

Am I an eligible employee?

You may be eligible for FEG assistance if you:

• have lodged an effective claim within 12 months (of either the date you lost your job or the date of the liquidation or bankruptcy of your former employer)
• have lost your job due to the insolvency of your employer or were terminated after, or within six months before, the appointment of a liquidator or bankruptcy trustee for your employer
• are owed at least one of the entitlements mentioned above
• were an Australian citizen or the holder of a permanent visa or special category visa that allows you to stay and work in Australia at the time your employment ended.

Textile, clothing and footwear (TCF) contract outworkers may be eligible - see TCF contract outworkers scheme fact sheet for more information.

You won't be eligible if, for example, you:

• were a contractor
• were a director of the company within 12 months before liquidation
• were a relative (as defined by the Corporations Act 2001) of an employee director of the company within 12 months before liquidation
• do not meet all of the conditions of eligibility set out in the Fair Entitlements Guarantee Act 2012.

How do I make a claim?

Applying online is the quickest way to receive your entitlements:

• Lodge a claim for assistance online at FEG Online Services.
• Make sure you read the full FEG fact sheets (including the Protecting your information fact sheet) before submitting your claim.
• You will need to provide specified evidence of your citizenship status for your claim to be effective.
• Remember that you only have 12 months to lodge your effective claim.

Get more information on eligibility, how to apply and lodging a claim for assistance.

What if I can't make a claim online?

You can print and complete the FEG Claim Form and email or post it to us. Or you can call the FEG Hotline 1300 135 040 and we will post the claim form to you.

How is tax withheld from FEG payments?

If you are eligible for FEG assistance, the payment must be taxed in accordance with the notice of variation under section 15-15 of Schedule 1 to the Tax Administration Act 1953. The How is tax withheld under FEG fact sheet includes more information.

Want to know more?

Have a look at our service charter, frequently asked questions and fact sheets or contact us.

If you wish to nominate a person to act as the primary contact on your behalf please read the Role of an agent fact sheet.

Department of Employment and Workplace Relations link

Tapt By Hatch - The future of contact exchange.

 

3:30ish

 If someone says, "I'll be there at 3:30ish" does the "ish" include any time before 3:30, or only after 3:30?

“ish” translates roughly to “about” or “approximately.” 3:30ish spans the period from “a short time before 3:30” to “a short time after 3:30.”

It’s common to say something like, “I’ll be there 3:30ish, depending on traffic.” If I leave enough time to account for heavy traffic, but the traffic turns out to be very light, I may very well arrive earlier than 3:30

-ish suffix (QUITE)

used to form adjectives to give the meaning to some degree; fairly:

He had a sort of reddish beard.

She was oldish - about 60, I'd say.

We'll start at sevenish (= about seven o'clock).

https://dictionary.cambridge.org/dictionary/english/ish

A ။ အောင်မြင်ခြင်းနဲ့ သတ္တိ

 A ။ အောင်မြင်ခြင်းနဲ့ သတ္တိ

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၁။ အောင်မြင်တဲ့ လုပ်ငန်းရှင်များဟာ 

ပိုက်ဆံ အရင်ရှိတာမဟုတ်ပါ။ 

သတ္တိအရင်ရှိတာပါ။

၂။ သူများမစဉ်းစားရဲတာကို စဉ်းစားရဲတယ်၊ 

သများမလုပ်ရဲတာကို စလုပ်ရဲတယ်။

၃။ မစွန့်စားကြည့်ပဲနဲ့ သင်မဖြစ်နိုင်ဘူးဆိုတာ 

ဘယ်လိုလို့ သိတာလဲ၊

၄။ သတ္တိရှိတဲ့ ပထမခြေလှမ်းဟာ 

ဘ၀ကွာခြားမှုရဲ့ အစပါ။

၅။ မစွန့်စားရဲခြင်းဟာ 

အကြီးမားဆုံးစွန့်စားခြင်းဖြစ်တယ်။ 

၆။ ဆုံးရူံးမှုကို စိုးရွှံ့ ခြင်းဟာ 

အောင်မြင်မူကို ငြင်းဆိုခြင်းဖြစ်တယ်။ 

ရ။  ရေဆိုတာ အနံ့အရသာ မရှိဘူးလို့ 

သိပ္ဗံဘာသာက ဆိုပါတယ်။ 

ရေမှာ အရသာရှိပါတယ်။ 

ရေတွင်းတစ်တွင်းနဲ့ တစ်တွင်း၊

ရေချောင်းတစ်ချောင်းနဲ့ တစ်ချောင်း၊ 

အရသာလုံး၀ကွာခြားပါတယ်။ 

ရေရဲ့ အရသာ ရှင်းပြရတာ ခက်ပါတယ်၊ 

သင်ကိုယ်တိုင် သောက်ကြည့်မှ သိနိုင်မှာပါ။

B ။ အခွင့်အရေးနဲ့ ပြတ်သားခြင်း

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၁။ ယုံကြည်အားထားရတဲ့ ဦးဆောင်သူမှာ 

ချီတုံချတုံ မရှိပါ။

 ပြောတဲ့အတိုင်းလည်း ဖြစ်အောင်လုပ်ပါတယ်။ 

၂။ အချိန်ဆွဲတတ်တဲ့အကျင့်ဟာ 

မကောင်းဆုံးအကျင့်ထဲမှာ ပါပါတယ်။

၃။ ကိုယ်နဲ့ မဆိုင်တဲ့အလုပ်လည်း 

ကူလုပ်တတ်ပြီဆိုရင် အခွင့်အရေး 

ကျရောက်လာပါတော့မယ်။ 

၄။ ပါးနပ်လိမ္မာတဲ့ လူအဖို့ ကိစ္စတစ်ခု 

ကြုံရတိုင်း အခွင့်အရေး ဖြစ်သွားတတ်ပါတယ်။ 

၅။ “ တကယ်လို့များ” ဆိုတဲ့ အတွေးနဲ့ 

သင့်ရဲ့ ပြတ်သားမူကို မတားဆီးမိပါစေနဲ့၊

၆။  တစ်ခါတစ်လေ မှားယွင်းသွားတဲ့ 

ဆုံးဖြတ်ချက်ဟာ 

မဆုံးဖြတ်တာထက် သာပါတယ်။ 

၇။ အခွင့်အရေးဆိုတာ အချိန်တိုင်းမှာ ရှိပါတယ်။ 

အသက်ရှင်နေသေးသ၍ ရှိနေမှာပါ။ 

C ။ ဖြစ်ကိုဖြစ်ရမယ်ဆိုတဲ့ ( ပြင်းပြတဲ့ စိတ်ဆန္ဒ)

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၁။ ငါ “ လိုချင်လိုက်တာ” ဆိုတာ မအောင်မြင်နိုင်ပါ။ 

 ငါ“ ရကိုရရမယ်” ဆိုမှ အောင်မြင်မှာပါ။

၂။ အောင်မြင်တဲ့ နောင်မျိုးဆက် မဖြစ်ခဲ့ရပေမဲ့လို့၊

 အောင်မြင်တဲ့ ပထမမျိုးဆက် ဖြစ်စေရမယ်။

၃။ ဖောင်ဖျက်ပြီး တိုက်ပွဲ၀င်ရင် နိုင်ဖို့ ပိုသေချာတယ်။

၄။ စိတ်နေစိတ်ထားဟာ 

ကိုယ်တက်လှမ်းမဲ့ အမြင့်ကို 

အဆုံးအဖြတ်ပေးပါတယ်။

၅။ မတူညီတဲ့ အတွေ့အကြုံဟာ ကွဲပြားခြားနားတဲ့ 

အနာဂတ်ကို တည်ဆောက်တယ်။ 

၆။ ခြံစည်းရိုးကို မရမက ခုန်ကျော်ချင်ရင် 

ဦးထုတ်ကို 

ဟိုဘက်ခြမ်း အရင်လှမ်းပစ်ထားရဲတဲ့ 

ယုံကြည်မူမျိုး ရှိရပါမယ်။ 

D ။ ရှာဖွေတွေ့ရှိမှု ( ဆုံးဖြတ်တတ်မှု)

------------------------------

၁။ အောင်မြင်သူတို့ဟာ 

ဆုံးဖြတ်ချက်ချဖို့ ၀န်မလေးကြပါ။ 

၂။ ကျွန်တော်တို့ ပတ်၀န်းကျင်မှာ အောင်မြင်ဖို့ 

အခွင့်အရေး မရှားပါးပါ။ 

တွေ့ရှိတတ်တဲ့ မျက်လုံး၊ အနှံခံတတ်တဲ့ 

နာခေါင်း ရှားပါးနေခြင်းဖြစ်တယ်။ 

၃။ လူထူးချွန်ဖြစ်ချင်ရင်တော့၊ 

လူသာမာန်တို့ရဲ့  အထင်အမြင်ကို 

သင့်ဝေးကွာရပါလိမ့်မယ်။

၄။ ရည်ရွယ်ချက်တိကျပါစေ၊ 

ဆုံးဖြတ်ချက်ခိုင်မာပါစေ။ 

ကိုယ်ဘယ်နေရာသွားမယ်ဆိုတာ 

အဓိအကျ သိသများကို 

ကံကြမ္မာက ပိုပြီးအခွင့်အရေးပေးပါတယ်။ 

၅။ စီးပွားရေးသမားတို့ရဲ့ ဆဋ္ဌအာရုံဆိုတာ 

မွေးရာပါမဟုတ်ပါ။ 

အတွေ့အကြုံရဲ့ အသီးအပွင့်သာဖြစ်တယ်။ 

E ။ ဥာဏ်ပညာ

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၁။ အောင်မြင်သူများဟာ သူများဦးနောက်ကို 

ဖောက်စားတတ်သူများဖြစ်ကြတယ်။ 

၂။ ညံ့တဲ့လူများရဲ့ ဆရာလုပ်နေခြင်းထက်၊

 တော်တဲ့သူများရဲ့ တပည့်ခံခြင်းဟာ 

အထက်ကို ပိုရောက်လွယ်ပါတယ်။ 

ဒါကြောင့် အချွေအရံ ပေါများခြင်းသည် 

မင်္ဂလာမဟုတ်ပါ။ 

၃။ အသိမဲ့တဲ့ စွန့်စားမှုဟာ 

သင့်ကိုပိုမိုဆုံးရူံးစေတတ်ပါတယ်။

၄။ သတ္တိလည်းရှိမယ်၊ သတိလည်းကြီးမယ်၊

စေ့စပ်သေချာမယ်၊

၅။ သင်ကိုယ်တိုင် ဥာဏ်ကြီးရှင် ဖြစ်နေစရာမလိုပါ။ 

သင်အားသာချက်ကို ဖေါ်ထုတ်တတ်ဖို့တော့လိုသည်။

၆။ လှပတဲ့ စာရေးကရိယာရောင်းတယ်ဆိုပေမဲ့ 

တစ်ခါတစ်လေ ဘဲဥရောင်းတဲ့ဆိုင်လောက်

အမြတ်မထွက်ပါ။ 

၇။ စီးပွားရေး အောင်မြင်လိုလျင် စျေးပတ်၀န်းကျင်တွင် 

၀င်ဆန့်ရပ်တည်နိုင်သူဖြစ်အောင် အရင်ကြိုးစားရပါမည်။ 

F ။ ဦးစီးဦးဆောင်မှု 

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၁။ အောင်မြင်တဲ့ လုပ်ငန်းရှင်စစ်စစ်ဆိုတာ 

စီမံခန့်ခွဲတတ်တဲ့အပြင် 

သတ္တိကောင်းသူများဖြစ်ကြပါတယ်။ 

၂။ ခင်မင်စရာကောင်းပြီး သြဇာရှိတဲ့

ခေါင်းဆောင်ဖြစ်ပါစေ၊

၃။ သင့်ရဲ့ အသင်းကို အမြဲတက်ကြွနေပါစေ၊

၄။ နောက်လိုက်ကောင်းများလိုချင်ရင် 

သင်ပေးဆပ်ရဲတဲ့ သတ္တိအရင်လိုပါတယ်။

၅။ သင်၀န်ထမ်းကိုအပြည့်အ၀ ယုံကြည်ပါ။ 

သူတို့သင့်ကို ပြန်ယုံကြည်လာပါလိမ့်မည်။

G။ အကြောက်တရား

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၁။ ကိုယ့်အကြောက်တရားကြောင့် 

အသတ်ခံရတာမျိုး မဖြစ်ပါစေနှင့်၊

၂။ သင်ကြောက်လို့ရသည်၊ သို့သော် မျက်စိရှေ့ က

ရန်သူကိုတော့ နိုင်အောင်တိုက်ပါ။ 

၃။ ချီတက်ပါ၊ ချီတက်ပါ၊ ဆက်ပြီးချီတက်ပါ။ 

ကြောက်စရာစိတ်ထားသည်သာ 

ကြောက်စရာ အကောင်းဆုံး ဖြစ်ပါတယ်။

၄။ ကြောက်လျင် ပိုလုပ်ပါ။ 

အကြောက်ပျောက်ဆုံးသွားပါမည်။ 

၅။ အဆိုးဆုံး အခြေအနေကို တွက်ချက်ထားပါ။ 

မျက်စိရှေ့ ပြသနာ အသေးအဖွဲ ဖြစ်သွားပါမည်။ 

၆။ သင်အရူံးပေးမှ တကယ်ရူံးမည်။

ရ။ အောင်မြင်ခါနီးလေ၊ ခက်ခဲလေ ဖြစ်တတ်သည်။ 

H ။ အကောင်းဆုံး ကြိုးစားခြင်း

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၁။ သင်ကိုယ့်အတွက် အလုပ်လုပ်နေခြင်းဖြစ်သည်။ 

မိမိအတွက် အလုပ်လုပ်ခြင်းဖြစ်သည်။

၂။ အောင်မြင်သူတို့သည် မွေးရာပါ 

အလုပ်ရူးများဖြစ်ကြသည်။ 

၃။ အားကောင်းသော ရှင်ပြိုင်ဘက်ရှိခြင်းသည် 

မင်္ဂလာတစ်ပါးဖြစ်သည်။ 

၄။ အရူးတစ်ယောက်ကဲ့သို့ အရူံးမပေးကြေး၊

၅။ စစ်သူကြီး မဖြစ်ချင်တဲ့ စစ်သား၊ 

စစ်သားကောင်းမဟုတ်ပါ။ 

၆။ အောင်မြင်သူတို့ဟာ ဝေဖန်မှု၊ 

လှောင်ပြောင်မှု ကို ဂရုမစိုက်တတ်သူများဖြစ်ကြသည်။ 

     #အ_လီ_ဘာ_ဘာ

A ။ အောင်မြင်ခြင်းနဲ့ သတ္တိ

-----------------------

၁။ အောင်မြင်တဲ့ လုပ်ငန်းရှင်များဟာ

ပိုက်ဆံ အရင်ရှိတာမဟုတ်ပါ။

သတ္တိအရင်ရှိတာပါ။

၂။ သူများမစဉ်းစားရဲတာကို စဉ်းစားရဲတယ်၊

သများမလုပ်ရဲတာကို စလုပ်ရဲတယ်။

၃။ မစွန့်စားကြည့်ပဲနဲ့ သင်မဖြစ်နိုင်ဘူးဆိုတာ

ဘယ်လိုလို့ သိတာလဲ၊

၄။ သတ္တိရှိတဲ့ ပထမခြေလှမ်းဟာ

ဘ၀ကွာခြားမှုရဲ့ အစပါ။

၅။ မစွန့်စားရဲခြင်းဟာ

အကြီးမားဆုံးစွန့်စားခြင်းဖြစ်တယ်။

၆။ ဆုံးရူံးမှုကို စိုးရွှံ့ ခြင်းဟာ

အောင်မြင်မူကို ငြင်းဆိုခြင်းဖြစ်တယ်။

ရ။ ရေဆိုတာ အနံ့အရသာ မရှိဘူးလို့

သိပ္ဗံဘာသာက ဆိုပါတယ်။

ရေမှာ အရသာရှိပါတယ်။

ရေတွင်းတစ်တွင်းနဲ့ တစ်တွင်း၊

ရေချောင်းတစ်ချောင်းနဲ့ တစ်ချောင်း၊

အရသာလုံး၀ကွာခြားပါတယ်။

ရေရဲ့ အရသာ ရှင်းပြရတာ ခက်ပါတယ်၊

သင်ကိုယ်တိုင် သောက်ကြည့်မှ သိနိုင်မှာပါ။

B ။ အခွင့်အရေးနဲ့ ပြတ်သားခြင်း

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၁။ ယုံကြည်အားထားရတဲ့ ဦးဆောင်သူမှာ

ချီတုံချတုံ မရှိပါ။

ပြောတဲ့အတိုင်းလည်း ဖြစ်အောင်လုပ်ပါတယ်။

၂။ အချိန်ဆွဲတတ်တဲ့အကျင့်ဟာ

မကောင်းဆုံးအကျင့်ထဲမှာ ပါပါတယ်။

၃။ ကိုယ်နဲ့ မဆိုင်တဲ့အလုပ်လည်း

ကူလုပ်တတ်ပြီဆိုရင် အခွင့်အရေး

ကျရောက်လာပါတော့မယ်။

၄။ ပါးနပ်လိမ္မာတဲ့ လူအဖို့ ကိစ္စတစ်ခု

ကြုံရတိုင်း အခွင့်အရေး ဖြစ်သွားတတ်ပါတယ်။

၅။ “ တကယ်လို့များ” ဆိုတဲ့ အတွေးနဲ့

သင့်ရဲ့ ပြတ်သားမူကို မတားဆီးမိပါစေနဲ့၊

၆။ တစ်ခါတစ်လေ မှားယွင်းသွားတဲ့

ဆုံးဖြတ်ချက်ဟာ

မဆုံးဖြတ်တာထက် သာပါတယ်။

၇။ အခွင့်အရေးဆိုတာ အချိန်တိုင်းမှာ ရှိပါတယ်။

အသက်ရှင်နေသေးသ၍ ရှိနေမှာပါ။

C ။ ဖြစ်ကိုဖြစ်ရမယ်ဆိုတဲ့ ( ပြင်းပြတဲ့ စိတ်ဆန္ဒ)

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၁။ ငါ “ လိုချင်လိုက်တာ” ဆိုတာ မအောင်မြင်နိုင်ပါ။

ငါ“ ရကိုရရမယ်” ဆိုမှ အောင်မြင်မှာပါ။

၂။ အောင်မြင်တဲ့ နောင်မျိုးဆက် မဖြစ်ခဲ့ရပေမဲ့လို့၊

အောင်မြင်တဲ့ ပထမမျိုးဆက် ဖြစ်စေရမယ်။

၃။ ဖောင်ဖျက်ပြီး တိုက်ပွဲ၀င်ရင် နိုင်ဖို့ ပိုသေချာတယ်။

၄။ စိတ်နေစိတ်ထားဟာ

ကိုယ်တက်လှမ်းမဲ့ အမြင့်ကို

အဆုံးအဖြတ်ပေးပါတယ်။

၅။ မတူညီတဲ့ အတွေ့အကြုံဟာ ကွဲပြားခြားနားတဲ့

အနာဂတ်ကို တည်ဆောက်တယ်။

၆။ ခြံစည်းရိုးကို မရမက ခုန်ကျော်ချင်ရင်

ဦးထုတ်ကို

ဟိုဘက်ခြမ်း အရင်လှမ်းပစ်ထားရဲတဲ့

ယုံကြည်မူမျိုး ရှိရပါမယ်။

D ။ ရှာဖွေတွေ့ရှိမှု ( ဆုံးဖြတ်တတ်မှု)

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၁။ အောင်မြင်သူတို့ဟာ

ဆုံးဖြတ်ချက်ချဖို့ ၀န်မလေးကြပါ။

၂။ ကျွန်တော်တို့ ပတ်၀န်းကျင်မှာ အောင်မြင်ဖို့

အခွင့်အရေး မရှားပါးပါ။

တွေ့ရှိတတ်တဲ့ မျက်လုံး၊ အနှံခံတတ်တဲ့

နာခေါင်း ရှားပါးနေခြင်းဖြစ်တယ်။

၃။ လူထူးချွန်ဖြစ်ချင်ရင်တော့၊

လူသာမာန်တို့ရဲ့ အထင်အမြင်ကို

သင့်ဝေးကွာရပါလိမ့်မယ်။

၄။ ရည်ရွယ်ချက်တိကျပါစေ၊

ဆုံးဖြတ်ချက်ခိုင်မာပါစေ။

ကိုယ်ဘယ်နေရာသွားမယ်ဆိုတာ

အဓိအကျ သိသများကို

ကံကြမ္မာက ပိုပြီးအခွင့်အရေးပေးပါတယ်။

၅။ စီးပွားရေးသမားတို့ရဲ့ ဆဋ္ဌအာရုံဆိုတာ

မွေးရာပါမဟုတ်ပါ။

အတွေ့အကြုံရဲ့ အသီးအပွင့်သာဖြစ်တယ်။

E ။ ဥာဏ်ပညာ

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၁။ အောင်မြင်သူများဟာ သူများဦးနောက်ကို

ဖောက်စားတတ်သူများဖြစ်ကြတယ်။

၂။ ညံ့တဲ့လူများရဲ့ ဆရာလုပ်နေခြင်းထက်၊

တော်တဲ့သူများရဲ့ တပည့်ခံခြင်းဟာ

အထက်ကို ပိုရောက်လွယ်ပါတယ်။

ဒါကြောင့် အချွေအရံ ပေါများခြင်းသည်

မင်္ဂလာမဟုတ်ပါ။

၃။ အသိမဲ့တဲ့ စွန့်စားမှုဟာ

သင့်ကိုပိုမိုဆုံးရူံးစေတတ်ပါတယ်။

၄။ သတ္တိလည်းရှိမယ်၊ သတိလည်းကြီးမယ်၊

စေ့စပ်သေချာမယ်၊

၅။ သင်ကိုယ်တိုင် ဥာဏ်ကြီးရှင် ဖြစ်နေစရာမလိုပါ။

သင်အားသာချက်ကို ဖေါ်ထုတ်တတ်ဖို့တော့လိုသည်။

၆။ လှပတဲ့ စာရေးကရိယာရောင်းတယ်ဆိုပေမဲ့

တစ်ခါတစ်လေ ဘဲဥရောင်းတဲ့ဆိုင်လောက်

အမြတ်မထွက်ပါ။

၇။ စီးပွားရေး အောင်မြင်လိုလျင် စျေးပတ်၀န်းကျင်တွင်

၀င်ဆန့်ရပ်တည်နိုင်သူဖြစ်အောင် အရင်ကြိုးစားရပါမည်။

F ။ ဦးစီးဦးဆောင်မှု

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၁။ အောင်မြင်တဲ့ လုပ်ငန်းရှင်စစ်စစ်ဆိုတာ

စီမံခန့်ခွဲတတ်တဲ့အပြင်

သတ္တိကောင်းသူများဖြစ်ကြပါတယ်။

၂။ ခင်မင်စရာကောင်းပြီး သြဇာရှိတဲ့

ခေါင်းဆောင်ဖြစ်ပါစေ၊

၃။ သင့်ရဲ့ အသင်းကို အမြဲတက်ကြွနေပါစေ၊

၄။ နောက်လိုက်ကောင်းများလိုချင်ရင်

သင်ပေးဆပ်ရဲတဲ့ သတ္တိအရင်လိုပါတယ်။

၅။ သင်၀န်ထမ်းကိုအပြည့်အ၀ ယုံကြည်ပါ။

သူတို့သင့်ကို ပြန်ယုံကြည်လာပါလိမ့်မည်။

G။ အကြောက်တရား

-----------------

၁။ ကိုယ့်အကြောက်တရားကြောင့်

အသတ်ခံရတာမျိုး မဖြစ်ပါစေနှင့်၊

၂။ သင်ကြောက်လို့ရသည်၊ သို့သော် မျက်စိရှေ့ က

ရန်သူကိုတော့ နိုင်အောင်တိုက်ပါ။

၃။ ချီတက်ပါ၊ ချီတက်ပါ၊ ဆက်ပြီးချီတက်ပါ။

ကြောက်စရာစိတ်ထားသည်သာ

ကြောက်စရာ အကောင်းဆုံး ဖြစ်ပါတယ်။

၄။ ကြောက်လျင် ပိုလုပ်ပါ။

အကြောက်ပျောက်ဆုံးသွားပါမည်။

၅။ အဆိုးဆုံး အခြေအနေကို တွက်ချက်ထားပါ။

မျက်စိရှေ့ ပြသနာ အသေးအဖွဲ ဖြစ်သွားပါမည်။

၆။ သင်အရူံးပေးမှ တကယ်ရူံးမည်။

ရ။ အောင်မြင်ခါနီးလေ၊ ခက်ခဲလေ ဖြစ်တတ်သည်။

H ။ အကောင်းဆုံး ကြိုးစားခြင်း

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၁။ သင်ကိုယ့်အတွက် အလုပ်လုပ်နေခြင်းဖြစ်သည်။

မိမိအတွက် အလုပ်လုပ်ခြင်းဖြစ်သည်။

၂။ အောင်မြင်သူတို့သည် မွေးရာပါ

အလုပ်ရူးများဖြစ်ကြသည်။

၃။ အားကောင်းသော ရှင်ပြိုင်ဘက်ရှိခြင်းသည်

မင်္ဂလာတစ်ပါးဖြစ်သည်။

၄။ အရူးတစ်ယောက်ကဲ့သို့ အရူံးမပေးကြေး၊

၅။ စစ်သူကြီး မဖြစ်ချင်တဲ့ စစ်သား၊

စစ်သားကောင်းမဟုတ်ပါ။

၆။ အောင်မြင်သူတို့ဟာ ဝေဖန်မှု၊

လှောင်ပြောင်မှု ကို ဂရုမစိုက်တတ်သူများဖြစ်ကြသည်။

#အ_လီ_ဘာ_ဘာ

STP Phase 2: Everything you need to know

 Single Touch Payroll (STP) is being expanded to reduce the burden on employers who need to report employee information to multiple government agencies.

By now most businesses will be well versed in using the first phase of Single Touch Payroll (STP), an ATO initiative designed to streamline the reporting of employee pay, tax withheld and superannuation with the help of software providers like MYOB.

Phase 2 of the initiative is now underway. From 1 January 2022, businesses are required to report additional information via STP, eliminating existing reporting requirements in some instances.

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What is STP Phase 2?

This expansion of the Single Touch Payroll (STP) scheme changes reporting requirements for employers when it comes to what information they give to the ATO regarding their payroll.

Like STP, STP Phase 2 has some impact on all businesses that employ staff. These changes and impacts are covered in this article.

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Why should I worry about STP Phase 2?

Business owners must comply with STP Phase 2 or potentially face penalties from the ATO.

“The first installment of Single Touch Payroll was introduced to reduce businesses’ reporting requirements, enabling Australian businesses to digitally engage with Government agencies in a single process,” wrote bookkeeper and MYOB small business expert, Chris McComb in an article for Kochie’s Business Builders.

“This was invaluable during the pandemic for enabling JobKeeper delivery. However, in expanding this model to STP2, the additional reporting businesses will be required to undertake will lead to an adjustment for many.”

For this reason, McComb and MYOB are urging all employers to make sure they’re having conversations with trusted advisors and putting plans in place to ensure compliance deadlines are met.

“Five months out from the 1 January 2022 deadline, MYOB data revealed an overwhelming 69 percent of small business owners did not understand what was needed to become STP2 ready,” wrote McComb.

“We’re reminding Australian [small and medium enterprises] that the deadline is approaching and encouraging them to engage an advisor to help become STP2 compliant.”

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Are there deferrals available for STP Phase 2?

For MYOB’s small business customers, the software provider has secured deferrals extending the compliance deadline by 12 months to 1 January 2023.

Larger organisations using MYOB’s enterprise solutions — including MYOB Advanced Payroll, MYOB PayGlobal, MYOB Greentree and MYOB Exo ES — have until August 2022.

Now is the time to work with advisors to update your employee onboarding processes and take the burden out of upcoming payroll compliance dates.

This article offers answers for the most frequently asked questions, so you can get your processes up to speed, fast.

What are the main changes in STP Phase 2?

STP Phase 2 introduces changes that reduce reporting requirements across the following four areas.

1. Tax File Number Declarations

Information collected from TFN declarations – including the TFN itself, employment type and whether the employee has a HECS-HELP debt — is to be included in STP reports and the declaration itself will no longer need to be sent to the ATO.

2. Employee Separation Certificates

These certificates are no longer required, as the reason why an employee has left the business will now be provided via STP reports.

3. Lump Sum E payments

Previously, if an employer makes a payment owing from previous years a Lump Sum E letter would need to be provided to the employee. This information must now be included in Phase 2 reporting, with details of the payment appearing in the employee’s income statement.

4. Child Support

Businesses will have the option to include child support garnishees and deductions in their STP report, reducing the need to provide separate advice to the Child Support Registrar. (Please note: this option is not yet available in MYOB products.)

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Are there additional reporting requirements?

Additional reporting requirements are introduced for employment type, disaggregation of gross income and the inclusion of country codes as per the below.

1. Employment Type

Previously optional, reporting of employment type will be mandated under Phase 2 reporting. Businesses will need to declare whether their employees are full-time, part-time or casual, in addition to new categories such as labour hire or volunteer.

2. Disaggregation of Gross

Income will no longer be reported as a gross sum, instead each component must be itemised including salary sacrifice, overtime, paid leave, bonuses, commissions, director’s fees and allowances (allowances must also be individually itemised).

3. Country Codes

If you have Australian resident employees working overseas, businesses will need to provide details of the host country.

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What isn’t changing with STP in Phase 2?

The way you submit your STP report, the due date and the end-of-year finalisation declaration for each employee will not change.

Tax and superannuation details will still be required as usual.

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Does my business need to comply with STP?

From 1 July 2019, STP became a mandatory obligation for all businesses that withheld PAYG contributions for employees or contractors. Phase 2 is a continuation of STP and remains mandatory.

Sole traders and freelancers that do not employ others do not need to comply with STP requirements.

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What do I need to do to prepare for STP Phase 2?

For employers and their advisors, the first thing to do is familiarise yourself with STP2 requirements and specifically, how they impact your reporting requirements.

Making time for an in-depth discussion between key decision makers and key advisors will be an important aspect to this. Employees should also be brought into the discussion once a clear view of the individual organisation’s requirements has been determined.

From that point on, preparation becomes a case of implementing a plan that will step you towards your compliance deadline.

For MYOB’s customers, the software provider is currently updating its software in advance of these changes and has already begun rolling them out in products, allowing businesses and their advisors the ability to begin uploading new information.

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How will these changes impact business?

These changes will mean at least a minor adjustment to payroll processes for all employers, with the extent to which the additional reporting is required will ultimately depend on the size, structure and type of employees of each individual organisation, as well as the systems and processes they already have in place.

To help ease the transition of employee information over to STP Phase 2, MYOB will be providing additional support and resources prior to and during the change period.

Employees will also benefit from Phase 2, with the information provided feeding directly into Services Australia agencies such as Centrelink and Child Support. This reduces the amount of documentation required to report and make claims and will increase the accuracy of payments due.

Individual tax time will also be made simpler as income details will be pre-filled in each employee’s tax return.

What are the benefits of STP Phase 2?

The ATO describes the major benefits for employers as per the below.

1. TFN declarations

Employers no longer need to send employee TFN declarations (they do need to be collected and filed in employee records).

2. Closely held payees and inbound assignees

For businesses using concessional reporting, such as is the case for closely held payees or for inbound assignees, this is communicated through income types.

3. Lump Sum E payments

When making Lump Sum E payments, employers don’t need to provide Lump Sum E letters to employees.

4. Payroll data integrates with Services Australia

Payroll information employers give to the ATO is shared in near real-time with Services Australia, who can use it to streamline requests.

Are there penalties for STP non-compliance?

Under STP, the penalty for late or missed reporting is $210 days for every 28 days your report is overdue to a maximum of $1,050 for small businesses, $2,100 for medium entities, $5,250 for large entities and $525,000 for global entities.

However, under Phase 2, genuine reporting mistakes will not be penalised in the first year until 31 December 2022.

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Where can I go for more information?

For all the official details on STP compliance, deadlines and more, the ATO website should be your first port of call.

For MYOB small business customers and for those who want to know how accounting software can help make STP Phase 2 simple, visit the STP Phase 2 Hub.

For bigger businesses using MYOB, STP Phase 2 information is available for the following products:

MYOB PayGlobal
MYOB Exo
MYOB Advanced PayGlobal

https://www.myob.com/au/blog/stp-phase-2/

https://help.myob.com/wiki/display/ar/Getting+ready+for+STP+Phase+2

Broken Braces Brackets: What You Need To Know!

 

[BRACES EXPLAINED] Elastics / Rubber Bands

 

Seniors and pensioners tax offset

 Check if you are eligible for the seniors and pensioners offset (SAPTO).

On this page

Eligibility for the seniors and pensioners tax offset

Amount of seniors and pensioners tax offset

Eligibility for the seniors and pensioners tax offset

To be eligible for the seniors and pensioners tax offset (SAPTO), you must meet certain conditions relating to:

• your eligibility for an Australian Government pension or allowance
• your and your spouse's income

The SAPTO can reduce the amount of income tax you pay. However, you can't claim the SAPTO if you were in jail for the whole income year.

SAPTO is available on assessment of your tax return. It is a non-refundable tax offset.

What are Australian Government pensions and allowances?

• age pension

Income

You meet this condition if any of the following applied to you in 2021–22:

you didn't have a spouse and your rebate income was less than $50,119

you had a spouse and the combined rebate income of you and your spouse was less than $83,580 (less than $41,790 income for each partner)

at any time during the year

• you and your spouse had to live apart due to illness or because one of you was in a nursing home, and
• the combined rebate income of you and your spouse was less than $95,198 (less than $47,599 income for each partner).

 

The phrase 'had to live apart' due to illness, refers to situations where you and your spouse don't live together because one or both of you have an indefinitely continuing illness or infirmity and as a result your combined living expenses were increased.

The combined rebate income is the total of all of the following:

your rebate income

your spouse’s rebate income

the amount on which a trustee of a trust was liable to pay tax in respect of your spouse because your spouse was under a legal disability, such as being an undischarged bankrupt or a person who was declared legally incapable because of a mental condition.

Seniors and Pensioners Tax Offset ATO

Seniors and Pensioners Tax Offset (SAPTO) calculator on the link below

https://www.ato.gov.au/calculators-and-tools/beneficiary-tax-offset-and-seniors-and-pensioner-tax-offset-calculator/

Rebate income (definition)

We work out what we call 'rebate income' to determine whether you are eligible for the seniors and pensioners tax offset.

Your rebate income is the total amount of your taxable income (disregarding your assessable First home super saver released amount), plus the following amounts if they apply to you:

reportable super contributions (includes both reportable employer super contributions and deductible personal super contributions)

total net investment loss (includes both net financial investment loss and net rental property loss)

adjusted fringe benefits total, that is the sum of      

reportable fringe benefits amounts you received from employers exempt from fringe benefits tax under section 57A of the Fringe Benefits Tax Assessment Act 1986 multiplied by 0.53, and

reportable fringe benefits amounts from employers not exempt from fringe benefits tax under section 57A of the Fringe Benefits Tax Assessment Act 1986.

 

ATO rebate income def

What Are Reportable Superannuation Contributions? (definition)

Reportable superannuation contributions are contributions made into superannuation over and above mandated super contributions.

The two categories of reportable super contributions are:

Reportable personal concessional contributions; and

Reportable employer super contributions (RESC).

What are Reportable Superannuation Contributions? (superguy.com.au)

Is it time for payroll tax reform?

 Payroll tax is a significant source of revenue for Australia’s state and territory governments but its ongoing existence after more than 80 years is under increasing scrutiny, with persistent calls for reform.

At a glance

Payroll tax revenues total nearly A$27 billion a year and are administered by the states and territories.

Widely regarded as a tax on jobs growth, payroll tax can influence how willing a business is to employ new staff.

Reform options include increasing the goods and services tax or adopting other broad-based taxes.

Control of payroll tax was passed to the states and territories in 1971 to provide jurisdictions with revenue for their expenditure on services and infrastructure, with the flat tax rate then uniformly lifted to 3.5 per cent.

Across Australia, payroll tax revenues now total nearly A$27 billion a year, representing between 27 per cent and 40 per cent of state and territory revenues

To put that into greater context, Australia ranks third among the 38 member countries of the Organisation for Economic Co-operation and Development (behind Sweden and Austria) in the share of government revenue contributed by payroll tax.

Pain points

The application of payroll tax has evolved over time. Only businesses with wages bills that exceed specific monthly thresholds need to pay payroll tax, but the thresholds vary by jurisdiction.

As such, businesses operating in multiple states and territories have added layers of complexity in managing their tax affairs.

"Payroll tax is complex, extremely inefficient and distortionary. The proliferation of rates and scaling, tax-free thresholds, discounts and exemptions, as well as definitional differences and grouping arrangements, places a high administrative and compliance burden on business."

— Jenny Lambert, Australian Chamber of Commerce and Industry

“It is not connected to profit but based on wages paid. As we saw during the COVID-19 crisis, when businesses weren’t generating an income, let alone generating a profit, they continued to incur a payroll tax liability.”

“This will involve some difficult questions, some tasks and a massive conundrum – who should do what in the federation, and who should pay for what?

Westacott says harmonising payroll tax bases is one of the first steps towards more efficient state tax systems.

“It’s a tax on labour, so it’s effectively just another way of increasing non-wage labour costs for business,” he says.

“Certainly, when you look at whether we should even have payroll tax, for example, there may be better ways to improve our productivity and competitiveness.

“Removing payroll tax might be one of them, but also the states do need to have revenue for education and health services.

“So, the broader question is, where else will the money come from? If you change the payroll tax ratio and the amount of money the states and territories get, we need to make sure we can still fund the services that governments give to us.”

For one thing, there is no simplified digital system available for businesses to make payroll tax payments.

That compares with the federal government’s Single Touch Payroll system, which is a single, national system for managing employees’ personal income tax and superannuation payments.

“With the previous government, there was an announcement to share Single Touch Payroll information with state and territory revenue offices,” says Kasapidis.

“It was a small step in the right direction. We’d like to see initiatives like that progress, and certainly we’d like to see the states talk with each other about harmonising their regimes.

Kasapidis, CPA Australia’s senior manager tax policy, says that even if there is no wholesale change to payroll tax, CPA Australia would like to see steps taken to make it simpler, easier and clearer, particularly for businesses that operate across states.

At the moment, the states are operating outside of the Single Touch Payroll system.

“What we’d like to see is all of it brought into Single Touch Payroll, and that way digital service providers would have the functionality to make it easy for businesses.

“The reporting and payment would be through a single portal. Hopefully, a lot of the definitions and classifications would be the same.

Ref: CPA

Be inspired by this CPA’s philosophy

 Santhariah, together with his mother and siblings, also contributed to the family’s survival, opening a stall selling tea, coffee, noodles and home-made banana fritters.

“Most of the time the workers were too poor to pay cash, so our sales were mostly on credit,” he says. “I was 13 and I kept the books and did a debt collection task to collect the money on payday. This gave me first-hand experience of how to manage money in a business environment.”

Yet it was a job as an articled clerk at a British chartered accounting firm, from 1972 to 1977, that would cement his passion for accounting and finance and admitted him to the Fellowship of Certified Practising Accountants.

In fact, after retiring at the age of 64, he completed research on Malaysian GST for a masters in taxation at the University of New South Wales and, at the not-too-tender age of 73, gained a PhD for his thesis on Malaysian GST compliance costs of taxpayers at RMIT University. A series of articles on GST in its many forms, for international tax journals, followed.

“Learning is the best anti-ageing drug I know,” says Santhariah.

In 1983, he joined the Swedish-owned Malaysian Match Company as financial controller, gaining knowledge of manufacturing financial accounting, human resources and labour relations. He was seconded to New Zealand in 1986 to work in a consultancy role setting up a general, computer-based accounting system incorporating GST.

The only member of his family to graduate from university, Santhariah says his experiences and hardship during childhood reinforced a sense of discipline that allowed him to escape the poverty trap.

“Where there is a will, there is a way to achieve success in business and education and break the poverty cycle.”

Santhariah embraces Hindu Karma yoga, which embodies the belief that we have a social and moral debt to repay to society what has been given to us, and this is evident in his many charitable commitments that have included work for church, education and Indigenous services groups.

He says his achievements so far have been due to help rendered by kind people along his journey.

Recently, he earned a certificate of appreciation for services to the underprivileged at the World Humanitarian Drive.

Currently, the retired accountant is gathering a like-minded community of professionals who can offer free advice to small businesses via Zoom and give regular talks on financial topics to the Malaysian small business community.

One piece of advice

“Don’t be idle or retire and say you want to play golf. Spare some time to help others and you will activate regions of the brain associated with pleasure, social connection and trust.”

Ref: CPA