By Tom Gillespie Toowoomba Chronicle 14 May 2019 EMMA Locke has always prided herself on improving her skills as an accountant, and soon she could have a prestigious trophy to confirm it. Ms Locke is a finalist for Young Accountant of the Year at the 2019 Australian Accountant Awards, which will be held at a … Continued
The ATO can issue a Director Penalty Notice, known as DPN if companies have not paid their PAYGW or super obligations. DPN’s have been around for a while but these new changes, which apply from 1st April, 2019, extends the ATO’s powers, particularly in regards to unpaid employee super. First some background…. What is a … Continued
OK maybe that’s a little extreme but we wanted an extreme heading as we think this is a really important change for business owners to be aware of. Let us explain…. New laws were passed late last year (relatively on the quiet I might add) that means if you need to withhold tax from a … Continued
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
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
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
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.
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
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
We wish there was a simple yes or no answer to this question given it’s common for employers to host a Christmas party for their team and spouses at this time of year. But unfortunately the answer to the question of whether you can claim a deduction for this is…well, it depends. If your staff … Continued
If you’re looking for proven ideas to help you navigate this time and figure out your next steps: