Category: Resources & Links

On May 5, 2017

Business Information Sheet – Taxable Payments Annual Report

From 1st July 2012, businesses in the building and construction industry are required to report annually to the ATO all subcontractors that provide building services. The report is aimed at capturing services (labour) provided, rather than goods. If a contractor supplies both goods and services, then whether the contractor is included in the report is
On April 29, 2017

Single Touch Payroll

Your Payroll seen by the ATO ….. All Year The Single Touch Payroll (STP) legislation has received Royal Assent. It is law and is going to happen! Who? All “substantial” employers, (20 or more employees by headcount), must participate. The count happens as of 30 April each year, commencing 2018. You must then enter STP
On April 29, 2017

What it Means to be an ICB Certified Bookkeeper

A Member of ICB (MICB) attains certification by proving that they have performed bookkeeping services at a significant level for a period exceeding two years and by doing so they have proven their level of bookkeeping knowledge. Members have achieved the Certificate IV Financial Services (Bookkeeping). This qualification recognises a bookkeeper’s skills and competence formally
On April 2, 2017

What it means to be a BAS Agent

The term “BAS Agent” typically applies to a business who contracts to a client to provide services to that client to do with their BAS obligations. The new legislation was implemented with a view to providing business with protection and security. It is about the qualifications, experience, competence, professionalism of us as an external person