Tax Tip Tuesday

EOFY 2020

EOFY 2020

15th July 2020

EOFY 2020   Most employers should have been reporting their employees’ payroll information through Single Touch Payroll (STP) system. If you aren’t reporting through STP,…

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2020 Income Tax Returns

2020 Income Tax Returns

16th June 2020

The ATO has warned taxpayers to be extra cautious when preparing their income tax returns this year. JobKeeper/JobSeeker Any monies received under the JobKeeper or…

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End of Financial Year Planning

End of Financial Year Planning

2nd June 2020

The end of the financial year is just four weeks away. Looking back over the year: Do you think you have been paying too much…

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Helping Your Business Get through Covid-19

Helping Your Business Get through Covid-19

26th May 2020

Most businesses have been affected by Covid-19 and unfortunately, some severely. The government’s stimulus measures are providing direct cash assistance to eligible businesses however these…

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Managing Cash Flow in Uncertain Times

Managing Cash Flow in Uncertain Times

19th May 2020

Maintaining a focus on cash flow makes good business sense, however the devastating effects that Covid-19 have brought, has made cash flow management as important…

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Recording JobKeeper Payments in MYOB & Xero

Recording JobKeeper Payments in MYOB & Xero

15th May 2020

Have you received JobKeeper payments from the ATO?  Do you know how to correctly record them? As JobKeeper payments are made to your business, they…

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