Its nearing end of financial year. There are always checks to be done by your bookkeeper to make sure you are claiming enough tax deductions. The ATO recently changed the deadline for the "closely held employees" to connect for Single Touch Payroll. Its not required by 1st July 2021. Closely held employees is someone who [...]
Jobkeeper Payment from the ATO If your business has a turnover of less than $1 billion and your turnover will decline by more than 30% compared to a similar period of last year, you can receive a payment of $1500 per fortnight per employee up until September 2020. Sole Traders and Partnerships with no employees [...]
I have clients in the cleaning industry. Be aware that you must now lodge your Taxable Payment Annual Report to the ATO for any subcontractors you have paid for the financial year. If you need help with your bookkeeping, contact Sally on 0414 522 778.
MYOB Accountright 2019. Ive met with 2 new clients that have the latest version of MYOB on their computer but its Local library (desktop) only. If you have employees, you will need to start Single Touch Payroll by 1st July 2019 as it is now tax law. https://www.ato.gov.au/Business/Single-Touch-Payroll/ To do this your MYOB accountright file [...]
The latest MYOB Accountright new release version 2019.1 has some new great new features. Fully customisable invoice reminders. You should now get paid faster from your customers! Let customers pay multiple invoices at once. Automatically save invoices to your In Tray when you work with other MYOB users. Finding transactions much faster! You now have [...]