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.
Lazy Day
When is the last time you enjoyed a lazy day?
We hope it was on the weekend!
A lazy day can give your body and mind a rest, so you can be more productive tomorrow.
JobKeeper 2v2
JobKeeper v2 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.
July IAS is due soon
ATO Cashflow boost 2 will automatically be applied – we’ll confirm any amount due when we lodge for our clients who report monthly.
June BAS due soon
We are beavering away on BAS lodgments, please respond to our questions promptly. Using the BAS agent extension, we need to lodge your BAS by 25th August or you risk being fined by the ATO. The ATO cashflow boost 1 & 2 (PAYG W refund) will be applied upon lodgement
Happiness Happens Month
August is Happiness Happens Month
August is Happiness Happens Month,
We believe happiness rarely happens when you do your own bookkeeping!
Why? Small business owners spend hours and hours (often swearing) as they do their books and still stuff it up!
Spread happiness this August, who do you know that is doing their own bookkeeping and is unhappy about it? Contact us – we like to sprinkle happiness wherever we go!
JobKeeper 2.0
Don’t panic – the current program will still run until the end of September.
JobKeeper 2.0 will start from 28th September. You won’t be able to confirm eligibility until early October.
Pandemonium Day
Is this your workplace?
Do you spend all day putting out fires?
Get some experts on your team to help with the tasks that are outside your skillset.
Running around like a headless chook won’t help, but there are many people ready and able to assist you – just reach out and ask for support.
Tell The Truth Day
How good are you at telling the truth?
It’s really important to be as honest as possible with the ATO, especially if you are claiming any of the stimulus measures currently on offer.
The Tax Office has teamed up with the Australian Federal Police to catch the cheaters. Penalties are likely to be severe.
EOFY Super Contributions
To qualify for a tax deduction in this financial year,
April-June super contributions must be received (by fund) by 30th June.
If you haven’t already, you need to make this payment now.
If your cashflow won’t allow for this, the usual deadline of 28th July still applies.
World Croc Day
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.
