Streamline Management News
* This is generic info to give you a few pointers and should never be relied on as specific accounting advice.
Contact your expert (not your mates at a BBQ or the guy trying to sell you something) to discuss your situation.
December 2024 BAS due real real soon!
5 minutes to midnight! The December BAS is due this Friday.
Make sure you lodge on time to avoid fines and if you are unable to pay in full, make a payment plan with the ATO.
Late lodgement may incur a fine ($330 – $1650) from the ATO and will void any current payment plan and make it much harder to request a new plan in the future.
Stop mucking about – act now!
Battery Day
It’s only February, but the Christmas break when we last recharged our batteries 🔋is only a distant memory.
And the Easter long weekend is barely on the horizon.
Aussies are entitled to 4 weeks annual leave each year – we must remember to take it!
And we need to encourage our staff to take theirs too.
Not convinced? Leave entitlements are expensive to payout if you let it build up too much – can you cashflow handle it?
Where will your next break be?
Employee Legal Awareness Day
When it comes to the law, what is an employee? And who can be a contractor?
We’ve googled to bring you the important bits from various government departments.
To follow the law, businesses need to make sure they aren’t treating employees as contractors – it’s not as simple as whether or not they have an ABN or send invoices.
You are responsible for classifying your worker for tax and super purposes and you need to get it right. If you make an incorrect decision, you may face penalties.
Nicole is speaking at Accounting and Business Expo 2025
Our very own Nicole Lynch will be sharing the stage again with Trent Yesberg and Julianna Nagy at Accounting & Business Expo Sydney 2025 on March 12-13!
Register for your free expo pass here:
December 2024 BAS due soon!
We have been beavering away preparing BASs – make sure you respond to our emails and provide bank statements ASAP so we can work our magic and lodge your BAS by Friday 28th February. Don’t risk being fined by the ATO.
It’s time for action!
Sydney Women in Accounting Network – Tessa Kelman – Family Law 101
We are proud Sydney Women in Accounting Network devotees – come and join us and other accounting professionals to hear Tessa Kelman present Family Law 101: When love and finance meet, how to protect yourself and guide your clients
Hear from an expert and connect with colleagues.
2025 ABN Coffee Club
We breaking with our 1st Monday traditions and hosting our first ABN coffee club meeting of 2025 on Monday 10th February.
We welcome bookkeepers in the Chatswood area to join our community for a cuppa and a chat.
Staff leave balances
Back to school, summer holidays are over!
Don’t forget to process time off so you can keep leave balances up to date for your staff.
Or simply let us know and we’ll manage it for you.
