No longer eligible for JobKeeper? You might be eligible for apprentice & trainee subsidies. Eligible employers can apply for a wage subsidy of 50 per cent of an eligible apprentice or trainee’s wages paid until 31 March 2021. Medium-sized businesses will now be eligible for the subsidy, for wages paid Read more…
Shout out to all the tradies! We have no idea how to fix a leaking toilet, build a pool, let alone build a whole house! However, we do know bookkeeping. Tradies who spend all day on the tools, shouldn’t have to spend all night or the weekend on the books. Read more…
Play in the sand by all means, but don’t bury your head in it. Sand is important in building like record keeping is to accounting. It is necessary for a strong structure. What records do business owners need to keep? Lots of payroll records – you need to know the Read more…
#JobKeeper What you need to know (for now) Nothing is law yet! Its too early to worry about details – stay tuned! The current program will run until the end of Sept. If you are in, you remain in, you may also opt in if you become eligible.
What a croc! TPARs – Taxable Payment Annual Report If you are in building & construction services (and a handful of other areas) you need to tell the tax office about payments you’ve made to contractors for their services. The ATO wants to know: -their Australian business number (ABN), if Read more…