End of Year Financials

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 [...]

2020-06-18T13:32:15+10:00May 15th, 2020|ATO, BAS, Bookkeeper, Financial, MYOB, Payroll, Trades, Xero|

Jobkeeper Payment

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 [...]

2020-06-18T13:25:32+10:00April 25th, 2020|ATO, BAS, Bookkeeper, Financial, Governments, Hawkesbury, MYOB, Trades, Xero|

What does a bookkeeper do and why do I need one?

A bookkeeper keeps track of your sales, purchases, payments and receipts. They organise and record financial data on a day to day basis and store the information in general ledgers in a standard way so that the accountant can also access it to prepare the financial end of year. Without proper bookkeeping and trained knowledge [...]

2020-03-02T07:52:55+10:00March 2nd, 2020|BAS, Bookkeeper, Financial, Hawkesbury, Sales, Trades, Uncategorized, Xero|

Are you falling behind with your bookkeeping?

Bookkeeping is usually the last tedious job to do when running a business. Who has the time right? It's hard enough keeping up with your invoicing, chasing your customer's payments and paying your staff. That's why you should not feel worried about asking for help from a professional bookkeeper. We aim to take the burden [...]

2019-12-14T14:37:13+10:00December 14th, 2019|ATO, BAS, Bookkeeper, Financial, Governments, Sales, Taxes, Trades|

Bookkeeping for Tradies

Get more organised and solve your record keeping hassles! If you're behind on your paperwork, you need an affordable bookkeeping service to stay on top of it all! Bookkeeping fixed fee packages so there are no surprises! Weekly or monthly service available. Contact an experienced trade bookkeeper today. Hawkesbury area.  0414 522 778   Get in [...]

2019-11-28T14:57:09+10:00October 13th, 2019|BAS, Bookkeeper, Financial, Hawkesbury, Taxes, Trades, Uncategorized|

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|