Category Bookkeeping Tips

What Does It Take to Be A Professional Bookkeeper?

The establishment of professional bookkeeping associations in Australia in the early 2000’s, was the profession’s first step in putting in place a framework for professional bookkeepers to work and be recognised. The introduction of initiatives such as codes of conduct,…

PAYG Instalments

Understanding and Choosing the Right Method for a Business Pay As You Go Instalments or PAYG Instalments are implemented by the Australian Taxation Office (ATO) to help businesses and individuals meet their income tax obligations throughout the financial year. It…

Penalties for Overdue TPAR

The Taxable Payments Annual Report Lodgement Due Date – 28th August Annually The Taxable Payments Annual Report (TPAR) must be lodged by 28th August each year. If your business makes payments to contractors you may need to report these payments in a…

SME Loan Recovery Scheme

SME LOAN RECOVERY SCHEME EXTENDED TO JUNE 2022 The SME Loan Recovery Scheme has been extended for another six months It was due to expire at the end of December 2021. The extension means loans under the scheme will remain…

Get involved – Go Local First

GO LOCAL FIRST Is All About Supporting Local Small Business Small businesses provide local communities with vitality – they’re the lifeblood of our communities. Many local kids have their first job in a small local business, whether it’s a local restaurant,…

Small Business & The Bookkeeper

The Vital Role Bookkeepers Play in Helping Business Bookkeeping plays a vital role in small business operations, but how much business owners know about the profession? What do Bookkeepers do, and what are some of the benefits of bookkeeping? Bookkeeping…