Financial Relief during coronavirus (COVID-19)

By | 2020-04-18T06:46:31+00:00 March 17th, 2020|Categories: ATO, BAS, Business Management, Payroll|

Regular updates: Financial Relief  and Government's Economic Response to Coronavirus COVID-19  - - Simplified and much more.  For full details, contact us for information relevant to you. Or speak with your accountant. WE ARE OPEN FOR BUSINESS AS USUAL - our team are working remotely on secure cloud based systems. We are taking on new clients [...]

Bookkeeping solutions for your quarterly ATO obligations

By | 2019-10-13T23:51:29+00:00 October 8th, 2019|Categories: ATO, BAS, Business Management, GST, Ideas, Restaurant Bookkeeping, Superannuation, Tax|

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 (BAS) and Pay as you go (PAYG) withholding.  While some businesses may meet these obligations on a monthly or annual basis, most businesses lodge their reports and payments every 3 months. [...]

Tips To Find The Correct Payroll Award For Restaurant Employees

By | 2020-01-12T23:31:04+00:00 July 24th, 2018|Categories: BAS, Employees, Payroll|

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 of compliance with superannuation and PAYG tax. Add to that, trying to decipher the complex Fair Work awards for the food industry and you’ve got a big job on your hands. [...]

Simpler BAS for Restaurant Bookkeeping

By | 2019-07-11T08:28:49+00:00 July 4th, 2017|Categories: ATO, BAS, GST, Ideas|Tags: , , |

Running a restaurant is as easy as juggling a dozen fry pans greased with butter - on the handle! Probably not our best joke, but neither is spending time preparing BAS reports for the ATO. Fortunately, the Australian Taxation Office (ATO) understands that small business owners need simpler compliance processes. From 1 July 2017, restaurant and [...]

What Are BAS and GST?

By | 2019-07-11T08:27:54+00:00 July 4th, 2017|Categories: ATO, BAS, GST, Ideas, Payroll|Tags: , , , |

Opening a new restaurant or cafe? Then you need to understand your business tax and reporting obligations. BAS Definition for Restaurant Bookkeeping BAS stands for Business Activity Statement. Business owners such as restaurateurs must submit this form to the ATO (Australian Taxation Office) to report their GST (Goods & Services Tax) and PAYG (Pay As [...]