by Marketing | Mar 17, 2022 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Business Startup, Business Structures, Income Tax - Business, Income Tax - Individuals, Tradies
The building industry will be feeling the consequences of the recent liquidation of large construction companies, Probuild and Condev. Given the potential for other builders to experience financial distress/liquidation, trades and small business operators may well be...
by Marketing | Oct 28, 2021 | BAS Bookkeeping, Business Startup, Employment, Payroll, Superannuation
For many years, employees have been able to choose a fund for employer superannuation guarantee contributions. If the employee failed to exercise that choice, the employer could create a new super fund on their behalf. Over time, employees can end up with multiple...
by Marketing | Mar 26, 2020 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Business Structures, Company Setup, Employment, Income Tax - Business, Income Tax - Individuals, Shelf Company, Single Touch Payroll, Tax Saving Strategy, Tradies, Trust Setup
SMALL BUSINESSES NEED TO GET READY Stimulus Measures The Australian Government’s economic response to the COVID-19 crisis is a two-pronged approach. Cash Flow Boost JobKeeper/JobSeeker How do They Work We have been busy answering inquiries and calculating...
by Marketing | Mar 25, 2020 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Employment, Income Tax - Business, Single Touch Payroll, Stimulus Package 1, Stimulus Package 2
Stimulus 1 and Stimulus 2 Stimulus 2 has just been announced and contains multiple components. Stimulus 2 modifies Stimulus 1. Several fact sheets are available from various government sites that help explain the package’s different components. Boosting Cash...
by Marketing | Dec 10, 2019 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Company Setup, Employment, Income Tax - Business, Payroll, Single Touch Payroll
Single Touch Payroll (STP) was introduced on 1 July 2019 and has changed where every employer will be required to use the system. If you are still using a manual system to pay your staff, you will need to change soon. Recent legislative changes now remove the need for...
by Marketing | Jan 19, 2019 | BAS Bookkeeping, Employment, Payroll, Single Touch Payroll
From 1 July 2019, all employers who pay wages, withhold tax from wages and or contractors, make super contributions or pay fringe benefits will be required to report to the ATO under the Singe Touch Payroll (STP) system. Benefits: 1. Employers will no longer be...
