Monthly Archives: June 2011

Benefits of using an Accountant

June 30th, 2011 (No Comments)

Why should we use an Accountant? Using an Accountant can actually help you save money and can even help you with your business planning.  Accountants have the knowledge as tax laws are continuously changing.  They are also required to be up to date with the latest changes otherwise they lose their memberships with the relevant [...]

How to prepare your tax for your Accountant

June 28th, 2011 (No Comments)

It’s that time of year again and you have to prepare your tax so you can lodge your tax return and don’t quite know what to do next. You have all these receipts and papers lying around the place. If you gather your invoices and statements and have them organised you will save quite a [...]

Paying the Superannuation Guarantee

June 21st, 2011 (No Comments)

Employers must pay a minimum 9% superannuation contributions to their employees based on their ‘ordinary time earnings’ and this must be paid into a complying super fund at least four times a year.  The superannuation guarantee contributions for the April to June quarter of 2010 must be paid by the 28th July. To claim the [...]

New Tax Tables 2011 Flood Levy

June 21st, 2011 (No Comments)

Flood levy exemption available The  Australian Government has introduced a temporary flood and cyclone levy for the 2011-2012 financial year only.  This levy is only for employees earning $50,000 or more. Some employees  will be exempt from the flood levy if they have been affected by a natural disaster.  To claim the exemption from the [...]

How to plan your cash flow

June 15th, 2011 (No Comments)

Being in control of  your cash flow Cash flow is the life blood of any business. Here is how to be in control. What do you understand about cash flow?  It sounds technical but its not really and its very important in your business planning.  Adequate cash ensures that the business can meet all its [...]

Setting up Bank Feeds in Saasu

June 10th, 2011 (No Comments)

The following instructions are to upload the bank statements directly into Saasu. Please note that the free version does not support this feature. This process only needs to be done once to allow the uploading of the bank statements. Please keep your bank login information handy as you will need this information in the final [...]