GC Accounting & Business Services Pty Ltd in Adelaide, South Australia | Financial service

GC Accounting & Business Services Pty Ltd

Locality: Adelaide, South Australia

Phone: +61 422 844 484

Address: 170 Grange Road 5025 Adelaide, SA, Australia

Website: http://www.gcaccounting.com.au

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• Tax preparation service
• Accountant
• Financial service
• Financial consultant

24.01.2022 Has your business faced a 30% downturn in turnover due to COVID19? Are you a sole trader, a business owner actively engaged in your own business or have employees? Registrations for this are officially open from tomorrow.... Do you want us to register for you and process your claim? Please contact us as soon as possible if you need any assistance. #gcaccounting #jobkeeper

23.01.2022 Are you using Xero? Want to know more? #xero #gcaccounting #smallbusiness

23.01.2022 This is what we had mentioned in our newsletter email yesterday!

21.01.2022 Are you receiving JobKeeper? You have until the 14th June 2020 to report your May and June 2020 projected sales. #gcaccounting #jobkeeper

20.01.2022 The JobKeeper information fact sheet has been updated ahead of tomorrows Parliament meeting to discuss & hopefully pass. There are some very clear examples, including eligibility criteria for Trustees of Trusts and partnerships. You will need to register to be eligible. More information to follow tomorrow. https://treasury.gov.au//JobKeeper_frequently_asked_questi

20.01.2022 Did you know that ABN details are often used by emergency services to help identify and contact businesses in disaster-affected areas? Ensure your details are updated today! Visit www.abr.gov.au//Updating-or-cancel/Update-your-ABN-details

20.01.2022 Employers: Your next super guarantee payments are due to your employees super funds by Sunday 28 April. As this falls on a weekend, you have until the next business day to get it done. For more info, visit www.ato.gov.au//Paying-super-contributio/When-to-pay-super

20.01.2022 Good Afternoon Everyone, We understand that clients are feeling the affects of COVID19, both emotionally and financially. As outlined in our previous post, we advised that on the 12 March 2020 the Government announced various financial assistance measures to deal with the impact of the COVID19 for individuals and businesses. As everyone can appreciate this unprecedented situation is constantly being reviewed. ...Continue reading

20.01.2022 Hop to it and get your retirement nest egg on the right track! Run a five-step super check to help you sort out and grow your super. 1. Check your statements 2.... Make sure your fund has your TFN 3. Use myGov to keep track of your super 4. Consider government contributions 5. Put extra money into your super For more info, visit www.ato.gov.au//Keeping-track-o/Your-five-step-super-check

18.01.2022 Just a friendly reminder that the October - December 2019 BAS is due by 28th February 2020. Come and see us to drop your information off. #gcaccounting #2020goals

18.01.2022 Have you registered for JobKeeper? If you havent already registered you have until the 31st May 2020 to opt in, otherwise you will not be able to access at a later date. For those who have registered, the sales for May 2020 and projected sales for June 2020 needs to be lodged by 14th June 2020.... #gcaccounting #jobkeeper See more

17.01.2022 I have just clicked send on our March 2019 Newsletter - send me your details if you would like to subscribe!

16.01.2022 With January almost gone, its time to get back into the swing of things and start ticking some jobs off the to-do list. Have you done your tax return yet? #giveusacall... #gcaccounting #bringinyourinformation See more

15.01.2022 More than one super account? Lost super? Lost super totalling $420 million was found in 2017/18 and there is still $17.5 billion waiting to be found. Give us a call and we can help!

15.01.2022 Thinking of purchasing assets for your business? The instant asset write-off has changed. Its been: expanded to include more businesses increased to $30,00...0 for each asset extended until 30 June 2020. Find out more at www.ato.gov.au//d/simpler-depreciation-for-small-business/

14.01.2022 Changes to the low and middle income tax offset announced in Budget 201920 are now law. The amount of offset you may be entitled to, and the amount of any refu...nd, will differ for everyone depending on individual circumstances such as income level and how much tax you paid throughout the year. Well automatically take into account any offset youre entitled to in your tax return, even if youve already lodged. You wont need to contact us. Refunds for tax returns already lodged are expected to start issuing towards the end of next week and into the following week, which is in line with the normal processing of refunds for this time of year. Find out more at www.ato.gov.au//Lower-taxes-for-hard-working-Australians-/

13.01.2022 Employers: Your next super guarantee payments are due to your employees super funds by Tuesday 28 January. If youre affected by bushfires and need support, ph...one us to discuss your situation and the options available on 1800806218. Find more information on super guarantee due dates and payments at www.ato.gov.au//Paying-super-contributi/When-to-pay-super/

13.01.2022 Clicking send on our Monthly Update tomorrow - includes April 2019 Newsletter, Budget information & important dates. #gcaccounting #taxpayers #smallbusiness... #taxtime #adelaide See more

13.01.2022 With the announcement of the new COVID restrictions taking affect from midnight tonight in SA, the office will be closed from today. We will be working from home until further notice, although we will still be contactable via phone and email. We encourage all of you to stay strong, look after yourself and others during these challenging times. Stay safe

12.01.2022 The team at GC Accounting attended the Xero Roadshow today - showcasing the new features that are rolling out over the next few months. Single Touch Payroll is the next legislative change for businesses with employees. We will be helping everyone over the coming months before its officially implemented in July 2019. #watchthisspace #gcaccounting #xeroadvisor #smallbusiness

12.01.2022 Businesses: The increased instant asset write-off has been extended to 31 December 2020! This means that eligible businesses can continue to invest in assets that cost less than $150,000 each Check out what you can claim at www.ato.gov.au//Simpler-depreciat/Instant-asset-write-off/

11.01.2022 ** Breaking News ** Today legislation was passed for all businesses employing less than 19 staff will be required to report their employee pay runs to the ATO from 1 July 2019. Dont stress give us a call. #singletouchpayroll #haveoptions

11.01.2022 Please always be on the look out! Its unfortunate but a reality! Call or forward us the email if in doubt, better to be safe.

10.01.2022 At this time of year scammers are taking advantage of the busy tax season. Please be aware!!

08.01.2022 If you pay workers in your business, new rules will soon apply around claiming deductions for those payments.

07.01.2022 Is this on your to do list? #gcaccounting #giveusacall #smallbusiness

07.01.2022 Need to sort Single Touch Payroll for your clients? With Xero Payroll, its easier than ever

06.01.2022 COVID19 Package 3 The PM has announced a further $130 billion in support to Australians impacted by the coronavirus crisis. This time the support will take the form of a wage subsidy of $1500 a fortnight accessible to all eligible employees and sole traders. https://treasury.gov.au//Fact_sheet_Info_for_Employers_0.p... If your business is looking to take advantage of the new JobKeeper payment announced by the government, you dont need to call the ATO. Register for updates online at www.ato.gov.au/general/gen/JobKeeper-payment

05.01.2022 Budget 2020 has just been tabled....there are a few immediate changes, the stage 2 tax cuts have been backdated to 1 July 2020, immediate asset write offs....more information to come

05.01.2022 Dear Clients, After what has been a tough/eventful week, we would like to provide a summary of the stimulus packages the Government have made available so far to clients. On 12 March 2020, the government announced a package of measures to help the economy withstand and recover from the economic impact of coronavirus....Continue reading

03.01.2022 Employers: Your next super guarantee quarterly payments are due on 28 July. As this falls on a Sunday, you have until the next business day to get it done. For more info, visit www.ato.gov.au//Paying-super-contributi/When-to-pay-super/

03.01.2022 This fact sheet was updated late last night, please note if you are a business without employees, such as a sole trader, you can also register by providing your ABN, nominate an individual to receive the payment, TFN and declaration as to recent business activity. Monthly updates will need to be provided to the ATO to declare eligibility in this instance. JobKeeper Payment - obligations for employers, eligibility and the application process is detailed in this. Details will... become clearer once this is legislated. https://treasury.gov.au//Fact_sheet_Info_for_Employers_3.p To register for JobKeeper updates -https://www.ato.gov.au/general/gen/JobKeeper-payment/ Hope everyone is staying safe and healthy.

03.01.2022 Do you have apprentices? The Government is supporting small businesses to retain their apprentices and trainees. Eligible employers can apply for a wage subsidy of 50% of the apprentices or trainees wage for 9 months from 1 January 2020 to 30 September 2020. Where a small business is not able to retain an apprentice, the subsidy will be available to a new employer. The wage subsidy will be claimable for wages paid since 1 January 2020. Employers can register for the subsidy... from 2 April 2020. Final claims for payment must be lodged by 31 December 2020. The subsidy will be available to small businesses employing fewer than 20 employees who retain an apprentice or trainee. Employers of any size and Group Training Organisations that re-engage an out-of-trade apprentice or trainee may be eligible for the subsidy. The apprentice or trainee must have been in-training with a small business as at 1 March 2020. Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian Apprenticeship Support Network (AASN) provider. For further information on how to apply for the subsidy, including information on eligibility, contact an Australian Apprenticeship Support Network provider https://www.australianapprenticeships.gov.au/node/3939

02.01.2022 Working two jobs and puzzled about why the second is withholding more tax? Income tax is calculated on your total income at the end of each financial year, s...o youll end up paying the same amount of tax if you earn it through one employer or many. However, you should generally only claim the tax-free threshold (i.e. $18,200 in tax-free earnings each year) from one employer at a time this is why each employer might withhold different amounts during the year. Find out more in our article on ATO Community at https://community.ato.gov.au//How-much-tax-shoul/ta-p/8111

01.01.2022 Has your business registered for JobKeeper payments? The next step needs to be completed now to allow this to be processed. 1. You will need to confirm the details of the eligible business participant and/or employees. ... 2. Confirm bank account details for the business. 3. Sales for April and projected sales for May. This will need to be completed every month going forward. Please note.....this is not a retest of eligibility! There seems to be some confusion around this. At this stage it is understood that the ATO are using this for benchmark purposes to see how businesses are tracking on the way back to normal life from COVID19. Once you qualify for this payment, you qualify until 27th September 2020 (unless there are any changes to the legislation going forward). If you have any queries, or need assistance with the application please do not hesitate to contact our office.