My last blog was all about the new “Netflix Tax” and was really just an informational blog outlining what, how and when etc. In this blog, I want to look at the tax from a bookkeeper’s perspective and provide a real “from the trenches” viewpoint. All is not what it seems with the Netflix Tax!
…Netflix Tax – A Bookkeeper’s View (from the Trenches)Read More »
Netflix Tax – A Bookkeeper’s View (from the Trenches) Read More »
This blog is going to be more of a brain dump! I’m not entirely sure what’s going to come out of this one but here goes! So here’s some background on what’s been floating around in my head of late:
The past two years have seen enormous growth in my little bookkeeping business for which I am very grateful. We are doing so well in fact, that I now feel that it’s time to give something back to the community to show my gratitude. So for the past few months, I have been wondering about my options for “giving back”. Being so busy now in the practice, it’s not really possible for me to give of my time per SE so I have been looking at some alternatives. Something I am playing with (currently only in my head!) is a donation of a percentage of our profits. The way I am thinking this might work is described below.
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We want to give back & this is how we might do it (a work in progress)Read More »
We want to give back & this is how we might do it (a work in progress) Read More »
We like to think that we’re doing a pretty good job at being a paperless office. We only print when we absolutely have to, all client files are saved electronically and any paper documents we receive, are scanned to pdf and then recycled. This system works well but the problem is, we started it many years after our business began. In the early years, we did print everything and all client files were kept in hard copy format. Therefore, as paperless as we are now, we still have cupboards full of client data from prior years. Recently, we decided that it was time to get rid of the clutter!
…Let’s get shredded! Read More »
If you use your bank’s credit and debit card merchant facilities to accept payment from your clients and you on-charge the bank’s fees for use of these facilities, you need to take note of this blog!
…On-charging merchant surcharges to your clients – new rules!Read More »
On-charging merchant surcharges to your clients – new rules! Read More »
There are several tools you can use that will allow you to share your documents with us. Your location (and ours) isn’t a problem as most tools will allow you to share your data remotely. Here is a list of tools you can use:
…How do I share my documents with e-BAS Accounts? Read More »
Our last blog looked at engagement letters and why they are important for our clients (and for us!). The final part of the process when creating an engagement letter for clients is the signing of the document. The client needs to sign the letter and we also need to sign it. In days gone by, we would draft the letter, send it via email to the client and request signature. The client would then have to print out the letter, sign it, scan it and then email or mail it back to us. We would then do the same and email/mail back to the client for record-keeping purposes. This process was both time consuming and convoluted. You’ll be glad to hear that we don’t do this any more! We use a much better system which is completely cloud-based. We use Adobe Sign. No more paper and no more scanning (and no more snail mail). Here’s how it works.
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How do I sign forms from e-BAS Accounts? Read More »
Once upon a time, believe it or not, you couldn’t pre-pay your tax – no, really! If you tried to do this, the ATO would just refund it straight back to you because they didn’t know what to do with it! Well, as of January 2016, this has all changed!
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Can I pre-pay my tax? Yes you can! Read More »
This week we want to bring a very serious issue to your attention. There are scammers out there calling people under the guise of being employees from the Australian Tax Office (ATO) and demanding money from innocent tax payers in an intimidating & threatening manner.
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Have you been scammed by the ATO? Read More »
After the coldest winter in 26 years in Australia, I for one am very happy that today is the first day of Spring! Spring time, along with its welcome warmer temperatures and longer days, is renowned as being the time for cleaning, hence the phrase “spring cleaning”. As I no longer need to worry about house cleaning since employing a cleaner earlier this year, the only “cleaning” I need to concern myself with these days is within my business itself. So how on earth is a bookkeeping business cleaned? What does this actually mean and how is it done? Read on to find out more!
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Spring-cleaning for bookkeepers Read More »
In last week’s blog, I looked at a different kind of business goal business owners could (and should) adopt this new financial year: putting themselves first and their business second i.e. looking after number one. By making this your main goal, I believe you will find personal “happyness” (spelling intended) and your business will be all the better for it. It’s a win-win! This week I’ll explore some of the things business owners can do to get them started in their quest to put themselves first.
…New financial year goal: put YOU first and your business second Part 2Read More »
New financial year goal: put YOU first and your business second Part 2 Read More »