The Tax Agent Services Act 2009 (TASA 2009) together with two other pieces of legislation known as “Regulations” and “Transitional Rules” make up the legislation or new laws that now govern the behaviour and business dealings of all bookkeepers, tax agents and now, the newly termed, “BAS Agents”. TASA 2009 was enacted on 1st March 2010.
…Tax Agent Services Act 2009 Read More »
Last week we looked at source documents, what they are and why they’re important. This week we look at how our clients work with source documents, how they deliver them to us, and the various issues that can arise from time to time.
How do our Clients Deal with Source Documents? Read More »
Bookkeepers and accountants who are processing your accounts may ask you to present “source documents” to verify the information in your accounting file. What are source documents and why are they important?
…What are Source Documents & Why are they Important?Read More »
What are Source Documents & Why are they Important? Read More »
If you are a registered BAS Agent or Tax Agent, you are obliged to advise both the ATO and the Tax Practitioners Board (TPB) of any change of your contact details.
How BAS/Tax Agents can advise of a change of contact details Read More »
Recently I attended one of the free webinars presented by the ATO about the new Taxable Payments Reporting system that has begun as of today, July 1st, 2012. I found it to be very informative and easy to follow. I highly recommend anyone who needs to know more about the new system, attends one of these webinars. Here’s hoping the ATO will produce many more webinars across a whole range of topics in the months to come – much easier attending a presentation from the comfort of your own office!
The following is a summary of what was presented at the webinar:
Taxable Payments Reporting for the Building & Construction IndustryRead More »
Taxable Payments Reporting for the Building & Construction Industry Read More »
As of 12/05/09, businesses will not be able to claim input tax credits for purchases more than four years old!
…Limit of 4 Years to Claim Input Tax Credits Read More »
Did you know that the ATO may have one address on record for your Activity Statements and a different one for your income tax?
…Your Addresses & the ATO Read More »
Continuing with our series of free fact sheets, today we release our fact sheet about Recipient Created Tax Invoices. What are they? When do you use them? What needs to be included in them? Find out by downloading our free fact sheet. Also included,
…Recipient Created Tax Invoices Free Fact Sheet Read More »
Sometimes a client’s BAS cannot be lodged on time for whatever reason – illness, disaster, death in the family, accounts in a mess….. etc. In these types of situations, you can assist your client by applying for a BAS Lodgement Deferral.
…Deferring a BAS Lodgement for your Client Read More »