Bookkeeping & BAS

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STP deadline looms

STP transition period for small businesses ends soon

September 12, 2019

From 1 July 2019, Single Touch Payroll was introduced for all businesses including those with 19 or fewer employees.   However, to support small businesses the ATO had allowed a transition period of three months to start reporting or to apply for additional time.   This transition period will end on 30 September 2019.   […]

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education for BAS agents

TPB Review considers increasing the education requirements of BAS Agents

August 20, 2019

In March the Government announced an independent review of the Tax Practitioners Board (TPB) and the Act and the Regulations covering Tax Agent Services.   This review has recently released its discussion paper before recommendations are made to the Government later in the year.   One of the consultation points is “Should the primary educational […]

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flexible work

Looking for work flexibility?

August 14, 2019

Bookkeeping is a growing profession that provides plenty of flexible work opportunities, including working part-time and being self-employed. To become a bookkeeper, you will need: A love of numbers Great attention to detail An analytical mind A nationally recognised qualification Bookkeepers are an integral part of any business as they manage the financial records and […]

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eofy tips and reminders

July-August Bookkeeping Tasks

July 16, 2019

Important dates not to be missed. BAS Reconciliation and Common Issues All businesses registered for GST must lodge their Business Activity Statement (BAS) by 28 July 2019. If you have made quarterly BAS lodgements, this final lodgement should be easier and quicker to reconcile. However, make sure you take the following steps to avoid common […]

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CPE registration

How to complete your Continuing Professional Education requirements as a BAS agent

June 25, 2019

BAS Agents in Australia are required to complete a minimum number of Continuing Professional Education (CPE) hours each year in order to maintain their registration.   How many hours do I need? According to the Tax Practitioners Board (TPB), the minimum requirement is 5 hours in a year but must complete a minimum 45 hours […]

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eofy reminders

EOFY bookkeeping tips and reminders

June 6, 2019

It is always a rush to the end of the financial year and to help you, we have a few reminders so you don’t overlook any tasks.   Taxable payments reporting Has your business made payments during the year to contractors for services? Is your business in one of the sectors that is required to […]

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casual staff

Employing casual workers? Follow the rules

May 21, 2019

Having access to a casual workforce can be a great way for your business to manage busy periods while keeping ongoing costs low. Before you jump at the opportunity, it is important to understand the rules. With the increasing casualisation of the workforce in Australia, there is a large and accessible pool of eager workers. […]

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4 reasons to become a bookkeeper

4 Reasons to consider a career in bookkeeping

February 1, 2019

Love numbers, technology and have a keen eye for detail? Then chances are you’ll love a career as a bookkeeper too. Like any career though, there are many questions to ask and points to consider before diving into a new one. To help you make up your mind, we’ve compiled 4 reasons for you to […]

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Introducing the Diploma of Payroll Services

April 23, 2018

In February 2018, the Australian Government released a new nationally-recognised qualification, the Diploma of Payroll Services. Applied Education is pleased to announce we are now offering this course to our students.Developed in response to a growing need for highly-skilled payroll professionals, the qualification reflects the roles of workers performing payroll administration and payroll management tasks. […]

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Tax Preparation Course

Demand still strong for tax agents

April 28, 2017

An article published by Accountants Daily indicates that demand for tax agent services is still remaining strong. The key points in the article are: In 2014-15 nearly 74% of individuals were still using tax agents. Usage of the ATO’s MyTax is not increasing as much as expected. Claims for negative gearing are down on previous […]

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