What is PAYGI on my BAS?
If you have noticed a large $$ jump in your latest BAS liability, but not an increase in sales or wages, it may be because [...]
One of our core values is ‘learning’ so we aim to share business ideas and discussions with the food industry to prompt business owners to make better decisions and ask challenging questions. Information within our blog and website is general advice only which is available in the public domain. It is not tax advice. Tax, payroll and compliance information changes on a regular basis so always refer to Fair Work, the ATO, Tax or BAS Agents and state or industry bodies for compliant advice relevant to you.
How To Track My ATO Balance in Xero
Most hospitality businesses have fallen into this situation, especially during the COVID pandemic - Cash flow fluctuated like a feast or famine and trying to [...]
Can I get JobMaker for my business?
JOBMAKER is replacing JOBKEEPER As JobKeeper winds down, the new program of JobMaker Hiring Credit scheme is ramping up. It’s for a long date range [...]
Financial Relief & JobKeeper during coronavirus (COVID-19)
Regular updates on JobKeeper, Financial Relief and Government's Economic Response to Coronavirus COVID-19 - - Simplified and much more. This information is for businesses with [...]
Bookkeeping solutions for your quarterly ATO obligations
Every quarter of each financial year, your business must meet certain reporting obligations set by the Australian Taxation Office (ATO). These include Business Activity Statements [...]
Tips To Find The Correct Payroll Award For Restaurant Employees
Last updated: July 2019 Running a payroll for a busy restaurant, cafe or takeaway can be daunting for a new business owner. There’s a lot [...]
Simpler BAS for Restaurant Bookkeeping
Running a restaurant is as easy as juggling a dozen fry pans greased with butter - on the handle! Probably not our best joke, but [...]
What Are BAS and GST?
Opening a new restaurant or cafe? Then you need to understand your business tax and reporting obligations. BAS Definition for Restaurant Bookkeeping BAS stands [...]
