General

Sales Invoices are required to contain specific information to be considered a valid tax invoice by the Australian Taxation Office. Failure to comply could mean that 46.5% tax is deducted from the payment to you and instead remitted to the ATO. When you make a taxable sale of more than $82.50 (including GST), your GST-registered […]

JobKeeper 2 Rules have landed Long after legislation has past and the media has spread their take we finally have the full set of JobKeeper 2 rules to unpack and digest.   The JobKeeper 2 extensions are broken up into 2 add ons 28th September to 3rd January and then 4th January to 28th March 2021

Experienced Senior Xero Bookkeeper Position available It is with much sadness that we bid our senior bookkeeper Kylie goodbye; we wish her all the best in her new work role. This creates an opportunity for a new senior bookkeeper to join our practice KBAS Bookkeeping. We specialise in working alongside our clients, helping them manage

There are no winners in the commercial rent scenario, the tenants many of which have had to shut the doors nor the owners who have a loan and outgoings to pay. The federal government outlined what they expected was the right thing to do in a media release. Later they tied it to the JobKeeper

How things have changed over the last week and there will likely be more changes to the way we all conduct our business in the coming days and weeks. We thought we would touch base this morning and send out some information that may be of assistance to you in processing these changes and what

Make sure your invoices are tax compliant. What are the must haves? 1. Ensure the words ‘Tax Invoice’ are prominent 2. Clearly display your full business name and address 3. Your ABN (Australian Business Number) must be on the document 4. The date of invoice is displayed 5. The description of the product purchased by