Be aware of Phone ATO Scams!

PHONE SCAM ALERT! Listen out for suspicious calls claiming to be from the ATO. Scammers are ‘spoofing’ our phone numbers so it looks like the ATO are calling. They’re also leaving our numbers on voicemails to make their contact seem real. While these calls may appear to be from us, remember that we’ll never: • [...]

2019-04-22T15:57:20+10:00April 22nd, 2019|BAS, Uncategorized|

What Tradespeople want from their bookkeepers

Are you looking to save time? If you are doing your accounts on paper, or using spreadsheets you can save more time with online accounting software.  You also get a clear picture of how the business is performing. Simple pricing budgets   You can have a fixed monthly price to include your software and all the [...]

2019-03-16T11:30:12+10:00January 20th, 2019|BAS, Bookkeeper, Financial|

Top GST mistakes in BAS reports

It's easy to make a mistake when preparing your BAS.  That's why a certified bookkeeper/BAS Agent would be valuable in ensuring the ATO reporting is correct. Many business owners make mistakes on the Hire purchases/Lease of Vehicles or Plant & Equipment on their BAS. Incorrect tax codes in your chart of accounts - this affects [...]

2019-01-21T14:07:23+10:00January 20th, 2019|BAS, Bookkeeper, Financial, Taxes|

Why do you need a Registered BAS Agent?

A qualified bookkeeper can save you on time and processing the receipts, payments and expenses is only part of the job. They also have to review the numbers on the reports so they make sense for the business. They are keeping in touch with the ATO's latest rules and ensuring clients are compliant to deadlines. [...]

2019-01-04T13:17:52+10:00January 5th, 2019|BAS, Bookkeeper, Financial|

Starting a New Business?

When you start a business, there are tax and super responsibilities you need to be aware of, including: the tax implications of your business structure whether you're entitled to an ABNExternal Link   registering your business records you need to keep deductions you can claim. Before you get started there are a few things to consider [...]

2019-01-09T12:43:09+10:00January 4th, 2019|BAS, Bookkeeper, Financial, Taxes|

How to choose the right business Bookkeeper

Efficient, knowledgeable and organised A good bookkeeper understands your business processes, your industry and what is required for your business. Bookkeepers make sure processes are in order to provide you with necessary reporting so you meet the ATO deadlines. We have an excellent eye for detail and care about keeping your records up to date [...]

2019-01-04T13:10:56+10:00January 4th, 2019|BAS, Bookkeeper, Financial, Taxes|

Do you have an employee or sub-contractor?

When hiring you must check first whether they are an employee or a contractor. Its important because it can affect your tax and super obligations. Penalties may apply if you do not get it right. You can use the ATO Employee/contractor decision tool to help you decide. ATO employee decision tool Link  

2019-01-21T14:19:43+10:00January 4th, 2019|BAS, Bookkeeper, Financial, Hawkesbury, Trades|