Sunday, 20 December 2020
Wednesday, 4 November 2020
ACCOUNTANT - BUSINESS SERVICES AND TAXATION
|
Looking
for the next step to progress your career.
Langley McKimmie Chartered Accountants is seeking an experienced Accountant to join our dynamic business services and taxation team. Our business environment
encourages input and ideas. Candidates
will need to possess an enthusiastic, self starting approach to their work,
as well as a desire for continuous learning and skills development. On-going training and professional development
will be provided to help you build your career. This position will provide an excellent
opportunity for career development to an individual who demonstrates drive
and initiative towards personal and professional growth. Ideally, candidates will be CA/CPA
qualified or studying towards this qualification, experience in MYOB
Accountants Office and Class Super software will be highly regarded. If you would like to know more please forward your application to nicki@lmck.com.au |
Wednesday, 28 October 2020
WHAT ARE PAY AS YOU GO (PAYG) TAX INSTALMENTS?
In general terms an individual or entity will enter in the
Australian Taxation Offices (ATO’s) PAYG Tax Instalment system, if they have a
tax payable position in their most recently lodged Income Tax Return that is
the result of income other than salary.
The instalment amount is generally split over four quarters
and is calculated by the ATO as the previous years tax payable plus an
incremental adjustment upwards. Upon lodgement of your Income Tax Return, instalments
paid in advance during that year are applied as a credit towards the tax
payable in the current years Income Tax Return.
If you believe your instalment amount provided by the ATO is
too high it is possible to alter your PAYG Instalments in line with a reduced
earning position in the current year.
Please feel free to contact our office on (03) 5427 8100
if you would like our assistance.
We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.
Sunday, 18 October 2020
REVISED DATE FOR QUARTERLY SUPERANNUATION PAYMENTS
If
you use the Small Business Superannuation Clearing House (SBSCH) to pay
your SG payments you will need to lodge your instructions by 5.30pm on
23 October 2020. For more details please click on the link below:
Please feel free to contact our office on (03) 5427 8100
if you would like our assistance.
We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.
VICTORIAN BUSINESS GRANTS
The Victorian Government has recently announced a third round of Business Support Fund Grants to support businesses impacted by COVID-19 .
Through the third round of the Business Support fund, eligible businesses will receive grants of either $10,000, $15,000 or $20,000, depending on the annual payroll of the business.
Eligible businesses are listed in the 'List of Eligible ANZSIC classes – Third Round of the Business Support Fund ', which can be accessed through the link below. This list recognizes the industries most affected by COVID-19 restrictions.
For more information regarding the Victorian Business Grants and a full list of eligible industries, please visit:
Please contact our
office to speak to one of our accountants if you would like to discuss further. Langley McKimmie Chartered Accountants (03) 5427 8100.
We provide accounting and wealth management services to clients
in Woodend, Gisborne and Macedon
Ranges areas within Victoria Australia.
Monday, 12 October 2020
JOBKEEPER EXTENSION
The first JobKeeper Extension period runs from 28 September 2020 to 3 January 2021.
You will need to show that your actual GST turnover has declined in the September 2020 quarter relative to a comparable period (generally the corresponding 2019 quarter).
You also need to have satisfied the original decline in turnover test.
The rates of the JobKeeper payment in this extension period are:
· Tier 1: $1,200 per fortnight (before tax)
· Tier 2: $750 per fortnight (before tax)
The Tier 1 rate applies to eligible employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020. The Tier 1 rate also applies to eligible business participants who are actively engaged in the business for 80 hours or more in February 2020 and provide a declaration of that effect.
The Tier 2 rate applies to any other eligible employees and eligible business participants.
Read more at the below link:
https://www.ato.gov.au/General/JobKeeper-Payment/JobKeeper-extension-announcement/
Please contact our
office to speak to one of our accountants if you would like to discuss further. Langley McKimmie Chartered Accountants (03) 5427 8100.
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