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 [...]

2018-10-03T06:16:39+00:00 September 16th, 2018|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  

2018-10-03T06:25:33+00:00 August 29th, 2018|BAS, Bookkeeper, Financial, Hawkesbury, Trades|