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Home » 4 Steps for BAS Agent Registration Becoming a BAS Agent (Business Activity Statement) is a great way to start a career in accounting and bookkeeping. These professionals are responsible for preparing and lodging Business Activity Statements (BAS) on behalf of their clients, which are used to report and pay GST, PAYG withholding and […]
Read MoreHome » How to Start Your Tax Career in Australia A career as a tax agent in Australia involves providing advice, assistance and tax preparation to individuals and businesses on a wide range of tax related matters. This can include financial reporting, preparing and lodging tax returns, providing advice on tax planning and compliance, and […]
Read MoreHome » Bookkeepers are you up to date on all ATO changes that came into effect last year? The ATO introduced a number of legislative changes last year that will impact many small business. Here is a quick summary of the areas that may affect your business or your clients. Payments to contractors The Taxable […]
Read MoreImportant 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 […]
Read MoreLegislation passed at the start of this month, regarding the instant asset write-off for small and medium sized businesses with a turn-over of less than $50million. There are now three tiers of threshold that bookkeepers, accountants and tax agents need to be aware of for this financial year and next. Thresholds […]
Read MoreLast month it was legislated that Single Touch Payroll (STP) will be extended to employers with 19 or fewer employees, starting from 1 July 2019. This means that no longer will any business be reporting their payroll activity once a year to the ATO, instead every business in Australia will need to send a report […]
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