End of Financial Year Preparation

End of Financial Year Preparation

As we come closer to the end of financial year most of us just panic! To be honest I do too, there is a lot of work that needs to be done. The best way to beat this is preparation. Bookkeepers start thinking about the EOFY as soon as the last quarter ticks over in...
Superannuation Guarantee Amnesty

Superannuation Guarantee Amnesty

On March 6 the Australian Tax Office announced that A Superannuation Guarantee Amnesty has commenced. In effort to support Australian business the ATO has announced that the amnesty will not penalise late super payments. The Amnesty will allow employers to lodge...
Single Touch Payroll (STP)

Single Touch Payroll (STP)

Single Touch Payroll is now the way the Australian Tax Office collects vital employee information. Income, tax and super are now to be reported to the ATO each time payroll is processed. New legislation has indicated that ALL employees MUST report by July 1 2019....
Do I Need a bookkeeper?

Do I Need a bookkeeper?

Good Question, I’m glad you asked, I have a couple of questions for you. Do you track your income and expenses for your business?Are you using an accounting software package?Can you read your reports?Do you have the time?Any Employees?Are your receipts in a shoebox...
Covid-19 Government Relief

Covid-19 Government Relief

What were your business forecast for 2020?  Well the current Coronavirus Pandemic has certainly changed those plans. While we are all in this together each business has been affected individually. While we are still unaware of the full impacts this will take on...