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Entries from May 2007

Good News For Small Business

May 20th, 2007 · Comments Off · Bookeepers

From 1st July 2007, businesses with a turnover of less than $75,000 need not register for the GST.
From 1st July 2008, taxpayers who voluntarily register for GST and choose to report and pay GST annually may also pay thier PAYG instalments annually.
We are not Tax Advisors, so you need to speak to your accountant [...]

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BAS service providers proposed legislation

May 11th, 2007 · Comments Off · Bookeepers

Recently draft documentation of the proposed changes in legislation for BAS service providers was published
Whilst there is obvioulsy a need to review the current position, there are some concerns ….
1)The idea of having to go and study a course to receive a “piece of paper” to confirm that bookkeepers that have been around for years [...]

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