You crack open the cookie, only to be disappointed.
At times, starting your own business can be much the same.
Stop winging it, shut down the computer and go to dinner with family and/or friends (Deep fried icecream for us please), then come back tomorrow and focus on growing your fortune with a team of experts to support you.
We’re back at the desk after a week at Xerocon.
We had a great time reconnecting with our favourite app partners, chatting up some new ones, hearing where our industry might be heading, being motivated & uplifted and hanging out with our peers & friendly competitors.
There was a focus on AI, Will Buckley Xero AU country manager said: I’m going to be really clear: AI should not take anyone’s job in this profession. Building trust, having meaningful conversations informed by data, and harnessing the latest technology, is where the real magic happens.
It’s time to make sure your June quarter BAS has been lodged and paid (or a payment plan arranged).
Not in the mood? Late lodgement fines, defaulting on existing payment plans and your BAS agent is no longer allowed to file your payroll STP with their annual authority, its probably easier just to do a spot of adulting and lodge the thing.
Suspect you’re not really capable of nailing it? Get a tax or BAS agent to assist (you also get a big longer until the payment is due – win!).
It’s time for action!
We have been beavering away on your BAS lodgement, but now we’re waiting on you to respond to our emails so we can lodge by our extended agent deadline of 25th August.
Don’t forget our office will be closed between 22-25th August for Xerocon.
There’s no time for last minute shenanigans!
It’s time to start preparing your June BAS
Using our BAS agent extension – the payment due date is 25th August.
Late lodgement will void any payment plan you have in place with the ATO and you also risk being fined.
The Tax Office is coming!
Did that make you catch your breath?
What can be done to lower / eliminate business owner panic?
Firstly identify what it is that makes you hold your breath.
If the ATO causes you dread, we’ve got the inhaler to help you breathe easier this month (and every month).
Are you all over business record management?
ATO says:
As the business owner, you are accountable for understanding your record-keeping obligations. If you use a registered tax or BAS agent to manage your records, you still retain primary accountability.
We use apps to help our clients maintain good records, it is much safer than paper files.
Ready to ditch the filing cabinets? Get in contact today.
Using our BAS agent extension – the due date is 25th May. However we need our clients to provide all data to us by 30th April so we can review, amend and prepare your March BAS for lodgement by the due date.
If you DIY your BAS lodgements, your due date will be earlier. You really need to act now!
We are hosting our first ABN Coffee Club for 2023 next Monday.
All bookkeepers in the area are welcome to come along.
This month we’ll be chatting about 2023 bookkeeper events and our business goals for the year.
What flavour is your pickle?
Is it with the tax office?
Have you recently started out in business and discovered you don’t know much about accounts and the whole thing has gotten away from you?
Maybe business is booming and the admin tasks aren’t really appealing?
So perhaps contain the pickle to a plate, with chips and let us get you out of a jam 😉
