Business Activity Statements: What They Are & How To Lodge If you are a business registered for GST you need to lodge a Business Activity Statement (BAS). BAS’s help you report and pay your > Goods and services tax (GST) > Pay as you Go (PAYG) instalments > PAYG withholding tax > Other taxes (such [...]
How Accounting Can Help Your Business Decision Making Accounting can be an intimidating industry if you are unfamiliar with the concepts of the financial planning process, but it doesn’t have to be complicated! Our team at Locmans Advisors is here to help, below we have mapped out just how tracking and analysing your financial [...]
Fringe Benefits: What Are They and How They Benefit You A Fringe Benefit is a ‘payment’ to an employee, but in a different form to salary or wages. Such as allowing an employee to use a work car for private purposes, reimbursing an expense incurred by an employee such as school or education fees. [...]
JobKeeper Payment Find Out About the New Changes in 2021 One of the defining subsidies of 2020 for businesses affected by coronavirus (COVID-19) has been the JobKeeper payment. Introduced to help businesses stay afloat and workers in jobs the Australian governments JobKeeper program will be in effect until March 28 2021. From January 4th the [...]
