Harnessing the Power of VoIP

Here at KBAS Bookkeeping, we have recently made the leap and have implemented a VoIP system. This was completely set up by Sunshine Coast Business Solution’s Dan Blunden. The term VoIP is an acronym for Voice Over Internet Protocol. Simply put, VoIP is a telecommunications technology that enables you to make and receive calls over…

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Personal Property Security Register (PPSR)

Personal Property Securities Register (PPSR) The Personal Property Securities Register (PPSR) can help protect businesses and create opportunities for small business to protect their assets. It is a single, national online database that shows whether someone is claiming a security interest in goods or assets. The PPSR is not a register of property ownership. Registering…

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Legal Framework for Wage Requirements

The legal framework to determine the wages and entitlements for employees is complex.  Initially, you must abide by the 11 National Employment Standards (NES). NES Maximum weekly hours Requests for flexible working arrangements Offers and requests to convert from casual to permanent employees Parental leave and related entitlements Annual leave Personal/carer’s leave, compassionate leave and…

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Sales Invoices

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…

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JobKeeper 2 Rules

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…

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Paid Parental Leave Changes

Paid Parental Leave Changes are in progress from 1st July 2020. Eligible persons will be provided with more flexibility to use and extend parental leave pay. Do you have an employee who intends taking Paid Parental Leave? What do these changes mean to your business in terms of staffing or temporary  roles to cover the…

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Jobkeeper changes 1. something – I’ve lost count!

  Keeping your head above water with JobKeeper changes? Jobkeeper changes have come into effect of 14th August. They are applicable to the pay fortnight period that commenced on the 3rd August (fortnight 10). Jobkeeper will be extending from 27th September and the new eligibility tests will apply. This is known as Jobkeeper 2, already…

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Bookkepeer Position Available

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…

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Commercial Rent Agreements COVID-19

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…

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