Handover checklist for not-for-profit administrators
What happens when your not-for-profit organisation’s treasurer leaves? How does the incoming Treasurer know what to do? Here’s a handy checklist to help!
This ATO checklist is for use when your organisation is:
not-for-profit, and
changing the administrator of its tax affairs – for example a treasurer, office bearer or employee involved […]
Single Touch Payroll (STP) started 1 July 2018 for businesses employing 20 or more employees. STP is now compulsory for all businesses including those with less than 20 employees as of 1 July 2019. It’s time to get ready for STP.
Some things you can do right now:
Review your business processes
Make sure the right people in […]
When you’re trying to make a real difference to make our world a better place, the last thing you need is to get confused and stressed about the complexities of tax and legal requirements. However, compliance with tax law and other laws is critical to getting your organisation off the ground, so that you can […]
What keeps you awake at night? A recent MYOB Snapshot found small business owners sacrificing their health for work, with 80% of small business owners losing sleep at night.
The research found:
41% of small business owners said they put their health last because they are time poor and focused on the success of their business.
[…]
Happy New Year! It’s a brand new year and a fresh start.
If you have outstanding tax from 2018 or earlier, let’s get your tax and bookkeeping sorted now so you can start the year on the right foot.
Yes, we are still accepting new clients. Call now.
From everyone at Taxation and Business Consultants, we wish you a very merry, safe and peaceful Christmas and holiday season!
We’ll be closing at 12 midday this Thursday 20th December, and re-opening Monday 7th January 2019. See you in the New Year!
If you’re donating to charity this Christmas, if it’s an ATO approved organisation you may be able to claim a deduction!
The ATO advises as follows:
Organisations that are entitled to receive tax deductible gifts are called ‘deductible gift recipients’ (DGRs). You can only claim a tax deduction for gifts or donations to organisations that have a DGR.
Deductions […]
The Australian Taxation Office (ATO) has released a motor vehicle expense fact sheet for the use of small businesses, to answer common questions about:
types of motor vehicle expenses taxpayers can claim
methods taxpayers can use to calculate their claim
private use of a business car
whether a taxpayer’s vehicle is considered to be a […]