- August 19, 2020
The MB+M Compliance team brings you an update on the taxable payments annual report (TPAR). The TPAR reports to the ATO information about payments made to contractors for certain services. This year’s Taxable Payments Annual Report Includes New Industries for 2020 as explained in the article..
- August 13, 2020
Rock IT Update On Current IT Issues – Information & Advice. Working From Home Creates more risk to business data. How to minimise risk.
- July 30, 2020
For most businesses, income and expenditure don’t always happen at the same time so focussing on strong cashflow management is vital. We can help with that.
- July 08, 2020
If your business has a great website and an ecommerce platform in place, that’s great news. But how do you track and manage the success of your online sales activity? And what are the best ways to boost your sales and improve your online conversion rates?
The answer is to dive into website analytics and the basics of Google Analytics.
- June 15, 2020
Prepare now for finalising Single Touch Payroll data. Large employers (with over 20 employees) must complete the finalisation declaration by 14 July. Small employers (with 19 or fewer employees) have until 31 July to complete the finalisation.
Read on to get more information on what is required.
You can contact MB+M on 03 5821 9177 and of our expert accountant help you in the finalisation of STP for this financial year.
- July 27, 2020
This video demonstrates two new great features recently released in Xero. One is the business snapshot and the other short term cashflow. Both are great tools that you can use easily to keep track of how your business is performing, and how your cash is tracking. Watch to find out more. Another great reason to be a Xero user!
- May 28, 2020
In this video, Lori Hall Account Advisor/Xero Expert will step you through processing a manual journal to reduce correctly the PAYGW liability on your balance sheet.
Important points to consider that the video addresses.
Do you lodge your PAYG Tax withheld on a monthly basis and have received less than $50,000 from the Cashflow Boost so far?
If so, you will not likely be making a payment for the months of April or May because of the Government’s current Cash Flow Boost.
Without a payment on your bank reconciliation how will you record the credits from the ATO?