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All posts tagged recruitment agencies

It’s Time to Bridge the cash flow gap… Payroll Funding Made Simple

Did you know that two thirds of Australian SMEs that go bust are actually profitable – and according to some studies, as many as 82% of small business failures are down to poor cashflow as a result of debtors paying late.

As any operating business, cash flow is paramount.  More often than not, payments to your contractor and temp desk are processed prior to receipt of funds from clients, which can lead to problems if your cashflow is not managed effectively.

We do not want to go all doom and gloom this Tuesday morning, we are offering you that ray of sunshine, the light at the end of the tunnel… Let us give you the solution to a healthy cash flow.

Team SDP can provide payroll funding for recruiters and corporates engaging contractors and temps.  We enable you to meet every payroll with confidence.  We understand the importance of keeping margins and gross profit healthy.   And therefore, provide you with the best value financing options, from as little as 1% for 30 days financing* and allow you to cover payroll commitments and take the net profit upfront.
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Too much Super = Tax on Super

Extra Tax on Super

Superannuation plays an important part in securing your lifestyle in retirement.  Apart from the compulsory super contributions made by your employer (called ‘super guarantee’ or ‘SG’), you can contribute extra to your super fund at any time to help increase your savings for the future.

You can put in as much money as you like into your super, however there are limits on how much you can contribute before you pay extra tax.

The different caps depend on the type of contributions made into your super fund. 
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