Posts Archives • Northern Beaches Bookkeeping Solutions

Feb 13

Catch Up Bookkeeping Services

Sometimes your bookkeeping just gets out of control and you need a bit of help to catch it all up.
Our speciality is big or little catch up or rescue jobs.
If it over 3 months old, it would be considered a catch up job.
Catch up on a couple of BAS quarters or a number of years.
Stop stressing about catching up all your accounts and give us a call now to get started.
Why wait any longer when we get you all caught up within a couple of weeks.
We will estimate your total fees and bill you upfront in blocks of 10 hours.
Our current schedule allows us to complete your catch up now so why not give us a call

Posts by Coralie Downie

Dec 22

Contingency Plan?

Posts by Coralie Downie

Dec 16

Watch out for tax scams

Large numbers of scammers have been trying to trick people with fake tax debt scams recently.

These scammers will tell you that you have a tax debt and if you don’t pay it straight away, you’ll be arrested.

If you receive a phone call or message like this, don’t respond.

The ATO will never:

threaten you with immediate arrest, jail or deportation
request payment of a debt via iTunes, Google Play gift cards or other vouchers
insist you stay on the phone until you pay
prevent you from discussing your tax affairs with your agent or adviser.

If you’re ever unsure if a contact is really from the ATO, hang up and call the ATO on 1800 008 540 to check.

Posts by Coralie Downie

Feb 16

Do you export goods or services?

Exported goods are GST-free if you export them from Australia within 60 days of:

receiving any payment for the goods
issuing an invoice for the goods before receiving any payment.

For service exports, there are specific rules that determine if their sale is GST-free. Generally they are GST-free if the recipient is outside Australia.

Make sure you keep a close eye on your status as an exporter. A change to your International Commercial (Inco) delivery terms could lead to you no longer being considered an exporter, meaning GST will become payable on your supply.

If you discover a mistake in your reported GST amounts for your international cross border transactions, we encourage you to make a voluntary disclosure.

See more information on the ATO website:

https://www.ato.gov.au/business/international-tax-for-business/australians-doing-business-overseas/exports-and-gst/

https://www.ato.gov.au/business/gst/in-detail/rules-for-specific-transactions/international-transactions/common-gst-errors—importing-or-exporting/