Access Accurate Business Financial Information

Tel: 1300 136 227

employee superannuation
Mar 18

Contractor or Employee?

https://www.ato.gov.au/Newsroom/smallbusiness/Employers/Hiring-a-contractor-/

There’s no one deciding factor that makes a worker an employee or contractor for tax and super purposes. As an employer, it’s a decision you can only make accurately when you review the whole working arrangement.

The only way to get to the right answer is to ask the right questions. Answer these six questions before you hire a worker:

  1. Ability to subcontract/delegate: can they pay someone else to do the work?
  2. Basis of payment: are they paid based on an agreed quote they provided?
  3. Equipment, tools and other assets: do they provide their own tools and equipment needed to get the job done?
  4. Commercial risks: are they legally responsible for their work and liable for fixing mistakes or defects?
  5. Control over the work: do they decide how the work gets done subject to specific terms in the contract or agreement?
  6. Independence: do they operate their own business independently of your business?

If the answer is no to some or all of these questions, you need to seek further information and advice before treating your worker as a contractor.

Find out about:

Payroll & Employees by Coralie Downie
Fixed Price Bookkeeping Services
Mygovid
Jan 29

Using MyGov

From the end of March you won’t be able to use AUSkey to access the business portal, it is being replaced because it hasn’t kept up with modern technology. Follow this link to find out more: https://www.ato.gov.au/Newsroom/smallbusiness/General/Use-AUSkey-or-myGov-to-access-the-Business-Portal-/?sbnews20200129

Northern Beaches Bookkeeping Solutions Posts by Coralie Downie
May 25

STP

We can assist with setting your business up on Xero so you are STP compliant. Single Touch Payroll (STP) is commencing for small businesses employing under 20 employees on 1 July 2019. Give us a call or send us an email through our contact form now to get started.

Options will depend on your number of employees:

  • Large employers with 20 or more employees should now be reporting through STP, or have applied to us for a later start date.
  • Small employers with 19 or less employees will need to report through STP any time before 30 September 2019 – this is a gradual transition, and not all employers will start reporting at the same time.  
  • If you’re an employer with four or less employees you will have additional options.

Payroll & Employees, Single Touch Payroll by Coralie Downie
Feb 16

Is it a scam call?

Story: You get a phone call. The caller says they’re from the ATO. They want you to pay a debt (which you know nothing about), or are asking for your personal details.

But it doesn’t seem quite right. Maybe the caller:

  • is aggressive
  • threatens that if you don’t pay you will be arrested and sent to jail, or
  • tries to make you call another number outside normal business hours.

Or maybe you have received an email or SMS offering you a tax refund or asking for personal details, but it just smells wrong.

What to do if you think it is a scam?

You need to check it out.

If you get a phone call, ask the caller for:

  • their full name and extension number
  • their team leader’s full name and extension number.

You can the ATO on 1800 008 540 to verify that the caller is from the ATO.

Northern Beaches Bookkeeping Solutions Posts by Coralie Downie
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