12 steps to preparing your BAS

12 steps to preparing your BAS

Activity statement errors are unintentional – even so, such errors can have a big impact on your Business Activity Statement. Errors in your BAS may result in you paying too much GST or not enough, as well as penalties and interest.  Whether you lodge the BAS yourself or whether you use our services to lodge, […]

Eftpos Receipts vs Tax Invoices

Eftpos Receipts vs Tax Invoices

Eftpos Receipts vs Tax Invoices Not everyone knows that there is a difference between a tax invoice and an Eftpos receipt. For tax compliance, you need to provide tax invoices for your expenses. As an Eftpos receipt does not provide all the information that a tax To be a tax invoice, a document must clearly display the […]

Single Touch Payroll – What you need to know!

STP Article

STP – The new way to Tax As of the 30th of September 2019, each business in Australia must be reporting to the ATO via STP. Below are just some of the most research questions about STP. It is important that you know what your obligations are as the ATO are cracking down and penalizing […]