Efficiency Partners Bookkeeping in Sunshine Coast, Queensland | Accountant

Efficiency Partners Bookkeeping

Locality: Sunshine Coast, Queensland

Phone: +61 7 5443 5600

Add/Update information

Reviews

Tags

• Accountant
• Financial service

23.01.2022 Our friendly team are here to make your life easier and a lot less stressful. Efficiency Partners Bookkeeping, your local friendly bookkeepers. Phone: 5443 5600 Email: [email protected] DON'T HESITATE, NOW IS THE TIME.

23.01.2022 As published by the Institute of Certified Bookkeepers. https://www.icb.org.au//home/jobkeeper-errors-or-not/a/8597

23.01.2022 Services Australia (Centrelink) will begin sending letters to Australians who are incorrectly claiming both JobKeeper and social security payments as it commences a new data-matching program with the ATO.

20.01.2022 Today kicks off the start of the 2021 Financial Year and a big couple of weeks for Business Owners. QLD Government Small Business Covid-19 Adaption Grant Round 2 opens TODAY (get in quick to apply before allocation runs out) JobKeeper Declarations for June now open until the 14th of July... STP Finalisation Declarations. Employers with 20 or more employees will have until the 14th of July. Employers with 19 or less employees, you have until 31 July 2020 to make the final declaration June Monthly BAS due 28th of July June Qtr Super Payments due before the 28th of July As always, if you need any assistance with any of the above please let me know.

20.01.2022 #BREAKING: Scott Morrison has provided a Jobkeeper update. The PM says Jobkeeper will be reduced to $1,200 a fortnight from the end of September, with a further reduction in March. Follow the press conference via the link below

20.01.2022 Cash Flow Boost 2 is about to be released If you received the first cash flow boost, youll automatically receive an additional cash flow boost once you lodge your activity statements for each month or quarter period from June to September 2020. The amount will be equal to the total amount of initial cash flow boost received and will be split in either two or four instalments, depending on your reporting cycle. If you havent paid wages to employees subject to withholding fro...m June on wards, simply report nil for PAYG withholding on your activity statement to ensure your business still receives the additional cash flow boost. An important point is to not cancel your PAYG withholding registration until you receive the additional cash flow boost. If you lodge: Quarterly you will receive 50% of your total initial cash flow boost for each activity statement Monthly you will receive 25% of your total initial cash flow boost for each activity statement You can find more information via the link below, or alternatively, you may contact us to discuss your situation

20.01.2022 Following the release of the federal budget the ATO have now updated the Tax Tables to reflect the 2020-2021 personal income tax cuts. As the changes to withholding are made part way through the financial year, employers will have until 16 November 2020 to implement these changes into their payroll.

20.01.2022 End of Financial Year is just over 4 weeks away. As a business owner, there are a number of things you need to do and consider in preparation for EOFY. BE PLANNED and BE READY, if you need help, we are here.

20.01.2022 Instant Asset Write Off of $150,000 extended to the End of the 2020 calendar year.

19.01.2022 Reminder JobKeeper Monthly Declarations are now open from 1 Aug 14 Aug

18.01.2022 The Federal Budget is out at 7.30pm tonight. Stay tuned https://www.theguardian.com//budget-2020-coalition-hopes-t

16.01.2022 JobKeeper 2.0 details have been announced and it is in place for a further 6 months. From October JobKeeper 2.0 applies a two tier approach: - $1,200 per fortnight for those working 20 hours or more weekly; - $750 per fortnight for those working under 20 hours weekly.... In 2021 these two tier amounts will decrease to: - $1,000 per fortnight for those working 20 hours or more weekly; - $650 per fortnight for those working under 20 hours weekly. The revenue eligibility requirements appear to have been kept consistent with: - A 30% decline in turnover for businesses under $1b; - A 50% decline in turnover for businesses of $1b or more; and - A 15% decline in turnover for charities. From 28 September 2020, businesses and not-for-profits will be required to reassess their eligibility with reference to their actual GST turnover in the June and September quarters 2020. They will need to demonstrate that they have met the relevant decline in turnover test in both of those quarters to be eligible for the JobKeeper Payment from 28 September 2020 to 3 January 2021. Stay tuned for further updates!

15.01.2022 Would you like to feel like this guy or do you know someone who needs to feel like this guy. Let us help you.

15.01.2022 JobKeeper Monthly Declarations now open . The JobKeeper Monthly Declaration is now open and must be completed between 1 June 14 June. The sooner you lodge your declaration the sooner you will get paid.... . Make a business monthly declaration and re-confirm your business and employee eligibility; and provide your businesss current and projected GST turnover. If you need assistance contact us today!

15.01.2022 Minimum wage increase from 1 July 2020

14.01.2022 SEPTEMBER JOBKEEPER DECLARATIONS NOW OPENSEPTEMBER JOBKEEPER DECLARATIONS NOW OPEN

14.01.2022 REMINDER: Workcover Wages Declarations are due 31st AugustREMINDER: Workcover Wages Declarations are due 31st August

13.01.2022 QLD Government Adaption Grant Round 2 - Opens 1 July. If you missed out in Round 1, start preparing now so you dont miss out.

12.01.2022 REMINDER: JUNE QUARTER BASS ARE DUE TODAY IF LODGING THROUGH AN AGENTREMINDER: JUNE QUARTER BASS ARE DUE TODAY IF LODGING THROUGH AN AGENT

12.01.2022 Small employers: Have you finalised your STP records? If you have 19 or fewer employees, the deadline for making a finalisation declaration through your Single ...Touch Payroll solution is 31 July. Its easy to do and ensures your employees can lodge their tax returns accurately and on time. Find out more at www.ato.gov.au//Star/End-of-year-finalisation-through-STP/ See more

12.01.2022 For everything we dont like to do, there is someone who does it well and loves to do it.For everything we dont like to do, there is someone who does it well and loves to do it.

10.01.2022 Employers: With COVID-19 restrictions lifting and gyms, pubs and cafes reopening, you might be wondering whether increases in your GST turnover will affect your... JobKeeper payment eligibility Heres the good news - once youre in, youre in! Youll continue to receive payments as long as you: met the criteria when you first applied continue to pay eligible staff lodge business monthly declarations. Watch our videos to find out more: www.ato.gov.au//JobKeeper---easier-to-understand-informa/

08.01.2022 Team EP - Love our weekly focus meetings.

08.01.2022 ATO cyber safety The ATO is receiving reports of email scams about JobKeeper and backing business investment claims. The fake emails say we’re investigating your claims. They ask you to provide valuable personal information, including copies of your driver’s licence and Medicare card. During this time of heightened scam activity, the ATO is encouraging individuals and businesses to:... 1. Use multi-factor authentication where possible and don’t share your password with anyone 2. Run the latest software updates to ensure operating systems security is current 3. Secure your private wi-fi network with passwords (not the default password) and do not make financial transactions when using public wi-fi networks 4. Exercise caution when clicking on links and providing personal identifying information 5. Only access online government services via an independent search not via emails or SMS If in doubt, call the ATO on an independently sourced number to verify an interaction. Educate your staff on cyber safety and scams. To report a data breach or scam visit ato.gov.au/onlinesecurity

07.01.2022 JobKeeper Changes - Criteria has eased The government has eased the eligibility criteria for the new JobKeeper 2.0 scheme, due to begin in late September, because there will be many businesses which recovered in the June quarter but collapsed again. Under the nationwide changes, instead of having to demonstrate a requisite fall in turnover in both the June and September quarters to qualify for JobKeeper 2.0 from September 28, businesses will only have to show a fall in the ...September quarter compared with the same quarter in 2019. And instead of having to demonstrate a requisite fall in turnover in all the June, September and December quarters to qualify for JobKeeper for the three months from January 4, businesses will only have to show a fall in the December quarter compared with the same quarter in 2019. Stay tuned for further information

06.01.2022 Super Guarantee Amnesty A super guarantee amnesty introduced on the 6th of March 2020 allows eligible employers to disclose and pay unpaid Superannuation without penalty and to claim a tax deduction. Employers have until 7 September to disclose, lodge and pay. If you have unpaid superannuation liabilities now is the time to disclose these and apply for the amnesty.... See the link below for more details

05.01.2022 What Happens If You Get Bookkeeping Wrong? If you or the bookkeeper gets it wrong, its going to cost you money in some way, whether that may be missing out on ...GST, claiming GST where youre not meant to or it might cost more in tax or accounting fees... Watch the full webinar at https://hubs.ly/H0w2jYx0

04.01.2022 Keep an eye on your myGov inbox this tax time! Most people will be accessing their income statement (previously called a payment summary) through our online... services in myGov. If your myGov account is linked to our online services, well let you know once your employer has made your income statement tax ready - then, it can be used to do your tax return. Remember, many employers have until 31 July to do this. Lodge through an agent? No problem. Get in touch with them as usual theyll have access to this info too. Find more info at www.ato.gov.au//Working-as/Accessing-your-payment-summary/

04.01.2022 JobKeeper Enrolment Deadline You have until 31 May to enrol for JobKeeper if you intend to claim for wages paid for JobKeeper fortnights in April and If you need help please call us 07 5443 5600

03.01.2022 Liset Teis - Senior Client Manager at Efficiency Partners. Love your work Liset

02.01.2022 SCAM ALERT The ATO are receiving increasing reports of several myGov-related SMS and email scams. These scams look like they have come from a myGov or ATO email address. They also might appear in your legitimate ATO or myGov SMS message thread. The image below is one example of an SMS scam currently circulating.... Dont click any links and dont provide the information requested. You will get email or SMS notifications from myGov whenever there are new messages in your myGov Inbox. However, these messages will never include a link to log on to your myGov account. Always access the ATO online services directly via one of the following: my.gov.au ato.gov.au the ATO app All online management of your personal tax affairs should be done in ATO online services, accessed through your genuine myGov account. Any communications containing your personal information, such as your tax file number (TFN), will be sent to your myGov inbox, not your email account.

01.01.2022 Great wrap up by Perron Financial Group