Want to have some insightful, informed conversations with your bookkeeper? Do you want to increase your bookkeeping knowledge? Hiring a registered bookkeeper is considered good business practice in many industry circles. But just because you delegate your bookkeeping...
Every year there is a lot of confusion over what a business can claim as a taxable supply around the annual Christmas Party and gift giving. The rules are pretty complicated but here is a guiding summary. Christmas Parties: (Excerpt from www.ato.gov.au) “The cost of...
As the end of financial year approaches, it's important to ensure that your bookkeeping is in order. This will not only make the process smoother and more efficient but also help you save time and money. Here are some best practices for bookkeeping: Keep Accurate...
New Laws Prohibiting sexual harassment in connection to work apply from March 6, 2023. These Changes are part of the Australian Government's Secure Jobs, Better Pay legislation that passed in December 2022. Workplace Sexual harassment protections The changes mean:...
The Award The Building and Construction General On-Site Award 2020 (the Award) is an industry award, which applies to all employers and their employees working in on-site building, engineering and civil construction. Key Facts: The Award provides industry specific...
How to apply the correct rate? Fuel tax rates increased 1 February 2023. The easiest way to apply the correct rate is to use the Fuel Tax Credit Calculator on ATO Website every time you make a claim on your BAS. You can also use the Simplified Method if you claim less...
What is Paid FDVL? As of 1st February 2023, Employees of non-small business employers can now access 10 days of paid family and domestic violence leave in a 12 month period. Employees employed by Small Business (employers with less than 15 employees) can access the...
If you set yourself goals at the start of 2020, the upcoming financial year is a great time to check if you are on track. And if you didn't set any goals - or if you have strayed off track - this is the perfect time to get organised. Write a check list and stick with...
The Festive Season 'Tis the season to be jolly, but in all seriousness the festive season and end of year celebrations can be a source of anxiety for employers who are unsure of their obligations to their workers. When it comes to work celebrations, employers need to...
So You need a Bookkeeper…... You’ve jumped online to ask “Dr Google” how much a “Bookkeeper” will cost you and Dr Google has come back with something along the lines of “Between $20-$50” Right? Wrong! Chances are these are either US dollars or prices so old that...