Finding the Right Bookkeeper for Your Business . It’s Never Too Late!

A great bookkeeper will make your business more efficient, productive and profitable.   However, often the biggest challenge is finding that right bookkeeper who will add value to your business instead of costing you money.  Here’s some strategies that can help to find you a bookkeeping superstar: Ensure you have developed a clear role description including …

Finding the Right Bookkeeper for Your Business . It’s Never Too Late! Read More »

Tax deductibility and PAYG Withholding & Reporting- Do NOT get caught on this!

From 1 July 2019, if PAYG withholding rules require a business to withhold and report an amount from a payment to employees and contractors, and they fail to do so, they cannot claim a tax deduction on the payments. Those payments are: Salary, wages, commissions, bonuses or allowances to employee Directors’ fees To a religious …

Tax deductibility and PAYG Withholding & Reporting- Do NOT get caught on this! Read More »

Single Touch Payroll (STP) – How much do you know about it?

Single Touch Payroll (STP) currently provides a reporting framework for larger employers with 20 or more employees to deliver payroll and superannuation information to the ATO since 1 July 2018. This means an employer paying fortnight wages will report gross wages, tax withheld and superannuation contributions to the ATO every fortnight when the employee is …

Single Touch Payroll (STP) – How much do you know about it? Read More »

Scroll to Top