Nationwide Bookkeeping & Accountants Services

Part 7 penalty waived amid SG amnesty hold
The Tax Office will waive the Part 7 penalties for those who voluntarily report historical underpayment of superannuation guarantee (SG), despite the proposed amnesty not yet being law – according to Accountants Daily....more

STP legislation passes
The houses of parliament have today passed legislation (The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018) for businesses with 19 or fewer employees to report their payroll through the Single Touch Payroll system from 1 July 2019.The Tax Office have published a list of low-cost software providers for the micro-business sector (those with […]...more

2019 Top Tax Changes
Many tax changes have occurred relevant to the 2019 financial year and beyond. We list our take-away points....more

STP – Single Touch Payroll
The Tax Office is contacting employers with 19 or fewer employees to inform them that they don’t have to wait for legislation to pass to start reporting voluntarily through the Single Touch Payroll (STP) system....more

Documentation – why we ask for it
We often ask for documentation to verify your information. We delve into why it’s important not only to you but also us....more

BAS Preparation – Why a BAS or Tax Agent should do them
Business Activity Statements seem simple – and filling them out is – but to ensure the data adds up to the summarised figures you will need time, patience and preferably experience in translation of laws and even invoices.In order to charge a fee for the service, bookkeepers and accountants need to register with the Tax […]...more

An Introduction to Melissa
Hi, I’m Melissa North and these days I live in Brisbane with my partner, my 2 cats and every other week, my partner’s 2 children (well, they are essentially teenagers). When we’re not working and studying, my partner and I enjoy visiting the countryside of QLD and everything it has to offer. This includes hiking up […]...more

Staff & Clients – What’s their worth?
One reason business owners go out on their own is because they are good at what they do and don’t really want to work for someone else in the long run. Or perhaps there is an untapped market and they can see their niche being valuable to others. Or maybe an opportunity arose where they […]...more

Cash Flow and Debt Collection Tips
Do you often wonder if you’ll have enough money in the bank to pay the bills or wages each week / fortnight / month and can see that your debtors are quite high and have been overdue for a few weeks? What are you doing to ensure that the funds are available to meet your obligations […]...more

Fringe Benefits Tax – Do you need to lodge?
Do you need to lodge a Fringe Benefits Tax Return for the period of 1 April 2017 to 31 March 2018? The Tax Office has resources available to help educate business owners around FBT and operating a business.A pre-recorded webinar walking through the following is available here:FBT tipsinformation about what attracts our attention in FBTFBT and […]...more

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