Archive for December 2021
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Christmas Holidays
Our office will close on Friday 17 December 2021 and will re-open on Monday 10 January 2022.
We would like to take this opportunity to thank you for your support and to wish you and your family a safe and Merry Christmas, a Happy New Year and a prosperous 2022!
... read more
Bookkeeping software
We recommend Xero (for most clients)
Other common bookkeeping software includes
- MYOB
- Quickbooks
- Reckon
- Sassu
Bookkeeping
Our in-house bookkeeper, Arrow Bookkeeping, offers the following services
- Bookkeeping
- BAS lodgement
- Wages
- Payroll Tax
- Work Cover
- Training
- Support
Employee OR Contractor
Take care when employing contractors as they may actually be employees in the eyes of the ATO.
Work cover, payroll tax and super may also be payable - you will need to refer to the relevant authority's website for further information
... read moreHow much super do you need
How much super do you need to retire depends on the lifestyle you want
... read moreStarting a business
Make a free 30min no obligation appointment with us
Here are some useful links
... read moreATO Tax Time Information - Employees working from home during COVID-19 (D5)
Running Expenses
-fixed rate method
-actual expenses
-short-cut method (COVID-19 only)
... read moreATO Tax Time Information - Self-education Expenses (D4)
General expenses eg course fees and books
Depreciating assets eg laptop
Car expenses
... read moreATO Tax Time Information - Clothing & Laundry Deductions (D3)
Occupation specific
Protective
Compulsory uniform
Non-compulsory uniform (registered with AusIndustry)
... read moreATO Tax Time Information - Travel Expenses (D2)
Tolls
Parking
Motor vehicles (other than cars)
Local travel
Overseas travel
... read moreCar Expenses - which trips are claimable as work trips (D1)
Which trips are claimable as work trips?
... read moreDecember 2021
- The Key Ingredients for Business Success - Part 2
- Government Locks in Director ID Deadline
- Preparing to Sell Your Business
- ATO's New Stapled Super Fund Rules
- Why Do New Businesses Fail?