News

Uncertainty reigns!

Many of the highly publicised tax changes over recent years remain in limbo as the election looms! Here’s an update of the current state of play of tax legislation that has not been passed by Parliament. We have serious concerns about a significant backlog of legislation that has been hanging around, unresolved in Parliament, some … Continued

Borrow money like a boss

The recent Royal Commission into the finance industry has resulted in a tightening of the lending market. In fact, the latest research from Digital Finance Analytics (DFA), which involves a survey of 52,000 households, has reported that approximately 40 per cent of home loan applications were rejected in December 2018, up from 8 per cent … Continued

Is your business ready for Single Touch Payroll?

All of these sessions are open to anyone who would like to attend. If you are an existing Atticus or Basecamp Bookkeeping client the session is FREE! 1st March – 1.00pm Single Touch Payroll information session for Xero users.  REGISTER YOUR ATTENDANCE HERE 1st March – 3.30pm Single Touch Payroll information session for Quickbooks users.  REGISTER … Continued

Show me the money! How to get clients to pay you faster.

DO YOU HAVE A SYSTEM FOR CHASING OUTSTANDING CUSTOMER ACCOUNTS? One of the key drivers to business success is cashflow management – this includes not only managing what cash is going out and when but also what’s owed to you.

Overhaul your business in 2019

Here’s a swag of quick ideas to help you stay on track, stress less, live more and improve your business in 2019. 1. PLAN AND TRACK Write down goals “Vision without action is merely a dream.  Action without vision just passes the time.  Vision with action can change the world.” Write down your goals – … Continued

Is a cashless society just around the corner?

It’s been talked about for a long time as a possibility, and now it seems that it may well become reality. With contactless payments now above 60% of all transactions, cash is becoming more of a ‘niche’ payment method. How many times do you go to pay for something and before you can even pull … Continued

Does your business compass always point true north?

  Roadblocks. Setbacks. Detours.  We all have them. I admit some days in business it can feel like you take one step forward and two steps backwards. A job doesn’t go so well, a client complains or an employee leaves.  When things aren’t going so well you undoubtedly start questioning yourself whether you made the … Continued

SMALL BUSINESS AND SINGLE TOUCH PAYROLL (STP) OBLIGATIONS

You may have heard that STP is expected to commence for small employers (less than 20 employees) from 01/07/19. Tax Office figures show that around 390,000 Australian small or ‘micro’ businesses (up to four employees) are currently not using payroll software, and around 25% of these are still running manual accounts. It is expected that … Continued

Proposed SMSF three year audit cycle

The proposal in the Federal Budget to change the requirement for SMSFs to have an annual audit, moving instead to a three-year auditing cycle, has been met with mixed reactions. We can see several potential issues with this proposal. SMSF trustees are responsible for their own funds and are therefore accountable for their actions. Audits … Continued

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