- 16
- Nov
- 2020
A new legislative instrument has been released which has extended the services BAS Agents can provide to clients in relation to the super guarantee charge. BAS Agents have been able to assist clients with superannuation tasks for approximately 2 years now, but this instrument improves on the current situation.
Continue Reading...
The ATO has now confirmed that those who run a courier and/or cleaning business must lodge a Taxable Payments Annual Report (TPAR) from 1 July 2018.
Continue Reading...
Accountants Daily have reported this week that the ATO have done a back-flip on the requirement for agents to get written authority from their employer clients to send pay event data to the ATO, each and every pay event. The ATO will now accept one lodgement authority for STP per client, to be renewed annually. […]
Continue Reading...- 30
- Jul
- 2017
Recently I was asked by a client to put a hold on the payment of his employee’s SGC (super guarantee contribution) due to an ongoing dispute between them. I of course, refused to do this because it is illegal to hold SGC payments and/or not pay them at all. Did I do this because I’m […]
Continue Reading...- 03
- May
- 2017
The ATO has recognised that there are too many labels to complete on the BAS – you can see just how many if you check out my blog series on BAS Labels – way too many! So, to make things easier for small business, a new “simpler BAS” will be introduced from 1 July 2017. […]
Continue Reading...
At it’s most basic, bookkeeping involves receiving data in the form of invoices etc. and entering this data into an accounting system. So, if you are one of our clients, before we can start doing your accounts, we will send you a request for a list of documents. The type of document we request from […]
Continue Reading...- 04
- May
- 2016
It is customary across many professional industries to use engagement letters or client agreements when on-boarding a new client. They are used by most accounting professionals and are considered best practice. An engagement letter protects both the consultant and the client in the event anything should go awry during the engagement. We certainly use engagement […]
Continue Reading...- 06
- Apr
- 2016
When I’m checking out companies on social media I often see that they’re doing exactly what I’m doing – sharing content related to their industries rather than sharing information directly about their companies. They do this so as not to come off as doing the “hard sell” to potential customers but rather go the “soft […]
Continue Reading...
Last week, my partner in crime Tash Hilton and I attended the annual ICB Conference (Institute of Certified Bookkeepers) at the Melbourne Park Function Centre (aka, the Tennis Centre). Here’s a little bit about what I liked about it and also what I didn’t like about it……..
Continue Reading...
It appears the ATO are feeling generous and are currently in a giving mood. Small business owners are about to receive a nice little financial gift by way of an income tax offset. The giving of gifts begins this financial year (2015-16) and will be a welcome surprise for many struggling business owners.
Continue Reading...