Salary Packaging – How to Make 1 April a “Happy New Year”

Guest Article written by Tony Vitacca – Director, GO Salary Let’s make 1 April 2021 the start of a happy new year. The salary packaging limits ‘re-set’ every 12 months.  This creates opportunity. First, if you have not maximised your salary package for 20/21, you have until 31 March 2021 to do so.  For most […]

The Road to Organisational Resilience

Resilience is the main attribute that enables organisations to withstand the pandemic and its aftermath, and it also underpins those businesses and NFPs which will continue to thrive. Hopscotch Accounting has prepared A Roadmap to Organisational Resilience: Tips for strategies and success, a free ebook to guide organisations that are geared to survival but must […]

What you need to know before applying for the JobMaker hiring credit

Your new year plans should already be in motion, but with JobMaker subsidies up for grabs until October, it is worth reviewing how the hiring credit could boost your organisation’s productivity, and the implications of claiming it. The JobMaker scheme was developed by the Australian government and opened in late 2020. Essentially a subsidy to […]

Borders to crumble for Australian charities in 2021

Shortly before Christmas, Australia’s charity sector received the gift of national unified fundraising laws. The Council on Federal Financial Relations (CFFR) agreed “to establish a cross-border recognition model to harmonise charitable fundraising laws”. A lifting of charity financial reporting thresholds was also recommended in the independent review of ACNC legislation, signalling more progress in 2021. […]

NFPs on notice due to developing changes to financial statement reporting

The Australian Accounting Standards Board (AASB) has announced plans to remove the ability of Tier 2* Entities to prepare special purpose financial statements. At the same time, it has introduced simplified disclosure standards for profit and NFP Tier 2 Entities. NFPs that sit outside the Tier 2 classification should be aware that the AASB is […]

Hopscotch event | Charity commissioner highlights path to greater transparency

Dr Gary Johns, the commissioner of the Australian Charities and Not-for-profits Commission (ACNC), was the speaker at the 2020 Hopscotch Accounting NFP Client Luncheon in November. In his presentation and during the Q&A session, Hopscotch clients heard about ACNC progress during 2020, how Australian charities were being managed financially during a challenging year, and governance […]

NFP directors step up to tackle the COVID-19 crisis and its financial challenges

The annual report 2020 Not-for-Profit Governance and Performance Study: The COVID-19 Edition, produced by the Australian Institute of Company Directors, highlights how Australian NFPs have begun to steer a course through the financial fallout of the pandemic. Proclaimed as the world’s largest study on NFP governance, the report offers valuable insights into organisational management during […]

Hopscotch 2020 Federal Budget Webinar

Watch Hopscotch Directors Brendan Lucas CA and Matthew Knight CA deliver this informative webinar about the 2020 Federal Budget – held Friday 30th October.