Posts

Pssst. How much off for cash?

By Colin Spooner / September 25, 2019

Ah, yes – the good old days when wheelin’ and dealin’ were rife. Not any more! New legislation is on it’s way…. Currency (Restrictions on the Use of Cash) Bill 2019 The community has been given opportunity to engage in conjecture and comment in regard to a very important piece of legislation. The bill addresses […]

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So you want to drive Uber? Things you should know..

By Colin Spooner / August 30, 2019

GST Law Current law states that all taxi drivers and chauffers including ride-sharing must be registered for GST from the first dollar of income (division 144 of the GST Act). This is to avoid confusion about pricing, and results in all customers paying the same rates. Uber challenged the ATO over the application of GST on the […]

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Single Touch Payroll

By Colin Spooner / August 10, 2019

If you have not already implemented single touch payroll, we can help you. For example, in Xero, it’s as simple as calling the ATO with your software ID and ticking a box to say it is done! So if your bookkeeper is charging to do it, maybe you need a new bookkeeper?

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When Super Gets Ordinary

By Colin Spooner / May 31, 2019

There are caps on the amount you can contribute to your super each financial year to be taxed at lower rates. If you contribute over these caps, you may have to pay extra tax.The cap amount and how much extra tax you have to pay may depend on your age, which financial year your contributions […]

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Exception Reporting

By Colin Spooner / April 9, 2019

Exception reporting. What is it? How can it be used to maintain your business’ health? Imagine you are a wholesaler selling a range of cosmetics nationally. You have a Sales Manager in each state and a team of sales people reporting to them. Using intelligence reporting, it is possible to extract reports that are below […]

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Introduction to naming ranges in Excel.

By Colin Spooner / March 26, 2019

“Do what?”, I hear you ask. Well, how many times have you had to jump around Excel trying to find out what an Excel formula is actually doing? Lets look at a simple example. =SUM($C$4:$C$9) this is adding up a range of cells. However, it does not tell you what the cells contain – you […]

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