Home » bas What are the Government’s COVID-19 cash flow boosts for your business? The Australia Government has announced two cash flow boost to support business that employ staff during the COVID-19 economic downturn. The intention of these boosts is to support the employers to retain their staff. What you need to know to boost …
What are the Government’s COVID-19 cash flow boosts for your business? Read More »
Don’t start 2020 on the back foot or worse, in debt. If your business will be closing for a period over Christmas and New Year and you expect slow sales in January, now is the time to review cashflow so that all financial obligations –including payroll, BAS, rent, utilities and creditors – can be met …
Urgent: SME’s need to prepare now for a quiet summer period Read More »
As we get close to the end of the financial year, we hope that our tips on coding and processing are useful and help you avoid some common errors. Purchases If you are looking to purchase a motor vehicle for your business, generally this purchase will have GST in the purchase price. There is however …
Tips on Processing Motor Vehicle Purchases and Sales Read More »
We often get questions from prospective students if they need to register as a BAS Agent. There are quite a few aspects to consider but essentially if you are providing BAS services to a client/customer (not employer) then you are most likely required to register as a BAS agent. What are BAS Services? BAS services …
There are issues with AUSKey and electronic lodgement in Windows 10 that BAS and Tax Agents need to be made aware of. The issue is Cisco VPN Client is no longer supported and will not work in Windows 10 environment. The ATO recommend the following work arounds. · do not upgrade to Windows 10 · …
Issues with AUSKey and electronic lodgement in Windows 10 Read More »
The Tax Practitioners Board (TPB) has released draft information as an exposure draft to proposed changes in legislation that would require some software providers and labour hire firms to be registered with the TPB. Software Providers A draft information sheet has been prepared by the Tax Practitioners Board (TPB) to assist software providers who provide …