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Tel: 1300 136 227

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
Fixed Price Bookkeeping Services
Feb 16

Behind with your Super payments?

Paying superannuation to your employees is an important part of being an employer.

If you miss a payment, super guarantee charge (SGC) may apply, and you will need to lodge an SGC statement the following month.

SGC is non-deductible, made up of:

  • super guarantee (SG) shortfall
  • interest on the shortfall (currently 10% pa)
  • an administration fee of $20 per employee per quarter.

Even if you pay SG at a later date, SGC may still apply. However, you can use the late payment to either offset the SGC or carry it forward as a prepayment of a future contribution for the same employee.

If you think you may be at risk of getting behind with SG payments, contact the ATO as soon as possible so we can work with you to get you back on track.

See the ATO website for more information:

https://www.ato.gov.au/Newsroom/smallbusiness/Super/Behind-with-your-super-payments-/

Payroll & Employees, Superannuation by Coralie Downie
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