BIRCH BOOKS & BAS in Gold Coast, Queensland | Accountant
BIRCH BOOKS & BAS
Locality: Gold Coast, Queensland
Phone: +61 431 162 501
Address: 18/12 Coolgardie Street, Elanora 4221 Gold Coast, QLD, Australia
Website:
Likes: 1
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17.01.2022 Well the 2018 financial year has begun. At this point you should know your profit for 2017, and also have an idea of the profit that you will earn in 2018. If you do not have these figures in mind, then you need to work it out. We cannot emphasise enough how important it is to know where you are and where you are going with your business. Even if you feel that you are snowed under by the pressure of running your business, you must make time to sit back and look to your future. For help with your Business Planning go here: http://birchbooks.com.au/business-planning/
15.01.2022 Do you need a CFO but cannot afford to employ one - just rent one! Call us now.
13.01.2022 ARE YOU RENTING OUT A ROOM ON AIR-BNB? Do you need to charge on amounts received from renting out a room or whole house or unit? The ATO advises:-... No. GST does not apply to residential rent. You are not liable for GST on the rent you charge, and you cannot claim any GST credits for associated costs. This applies even if you carry on another GST registered enterprise. For example, if you are a ride-sourcing driver, you do not need to account for GST from the income earned from renting out a room or a house or unit. This is because GST does not apply to residential rent. However, you do have to pay GST if you provide accommodation like a hotel room or serviced apartment, a bed and breakfast, or you rent out commercial spaces like a function room or office space. These types of accommodation are subject to GST. Like our page if you would like future GST tips and updates.
09.01.2022 If your books are in a mess, call us now!
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