It Figures Efficient Bookkeeping Solutions in Darwin, Northern Territory | Business consultant

It Figures Efficient Bookkeeping Solutions

Locality: Darwin, Northern Territory

Phone: +61 8 8927 9032

Address: 3 Byrne Circuit 0810 Darwin, NT, Australia

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23.01.2022 If you’re on a salary it can’t be less than the minimum entitlements you’d get under your award or enterprise agreement and the National Employment Standards. Y...ou also have non-monetary entitlements that can’t be excluded by a salary like getting pay slips and the right to request flexible working arrangements. Your boss needs to keep track of when you’re working and regularly audit your salary to make sure that you’ve been paid correctly. Specific rules can also apply under your award or agreement, including requirements about record keeping and reconciliation. Check out our salary page for more info about your minimum entitlements: https://www.fairwork.gov.au/p/minimum-wages/salary-payments

22.01.2022 1000 x 1000 ~ A one-off emergency payment to support INDEPENDENT ARTISTS / PRODUCTION CREW / PRODUCERS IN THE PERFORMING ARTS who have been significantly affect...ed by COVID-19 in Australia and who do not have access to a financial safety net. MORE INFO https://www.tna.org.au//1000-x-1000-crisis-cash-for-artis/

22.01.2022 Clients not using STP The ATO will be chasing them! https://www.icb.org.au/news/newsletter/a/8705

21.01.2022 Your boss doesnt have to put your leave balance on your pay slip, but they need to keep a record of it and tell you if you ask. Your employment records also ne...ed to be kept up to date with other things like your pay rate and any JobKeeper enabling directions that apply to you. Its a good idea to keep a record of these things yourself as well. It can come in handy if a problem comes up down the track. Weve got a full breakdown of the pay slip and record-keeping rules here: https://www.fairwork.gov.au/pay/pay-slips-and-record-keeping

20.01.2022 Some changes have been made to the Australian Government Parental Leave Pay scheme. From 1 July, eligible employees can split their parental leave pay over 2 pe...riods. The first parental leave pay period is a continuous period of up to 12 weeks, accessed within 12 months of the childs birth or adoption. The new flexible period allows employees to access another 6 weeks (or 30 days) of parental leave pay flexibly over the first two years after the childs birth or adoption. You can check eligibility requirements for the Parental Leave Pay scheme or make a claim through Centrelink: https://www.servicesaustralia.gov.au//c/parental-leave-pay

19.01.2022 The Fair Work Commission has made changes to the Teachers and Children’s Services awards. Changes to the Children’s Services award cover: rostering non-co...ntact time for educational leaders providing hats and sunscreen several other matters. The Teachers award changes include the removal of the quarter day pay rates for casual employees. They’ve also updated the minimum payment for casuals in early childhood services. The changes apply from the first full pay period starting on or after 1 November 2020. You can get an updated copy of the awards and subscribe to our award updates here: https://www.fairwork.gov.au/awards-and-agr//list-of-awards

19.01.2022 MYOB have released 2 free webinars for bookkeepers, featuring a Q&A with the ATO, CAANZ and ICBs CEO Amanda Linton who touches on the importance of having a strong community and staying connected during EOFY - https://bit.ly/MYOB2free30min-webinar

17.01.2022 COVID-19 and ATO Compliance - https://www.icb.org.au//res---bas-agent/covid-19-an/a/8563

15.01.2022 We love this shout out from Peter Strong, CEO of Council of Small Business Organisations Australia - raising a cup to bookkeepers and reminding us why they are such an essential part of small business. #GlobalBookkeepingWeek

15.01.2022 We’ve said it before but it’s worth repeating, you must be paid for all the time you work. That includes all time spent: completing compulsory online training... at home starting early or finishing late (at your employer’s request) attending compulsory work meetings out of your normal work hours doing on-the-job training. It’s unlawful to not get paid at least the minimum rates in your award or enterprise agreement. https://www.fairwork.gov.au/pay

14.01.2022 The Fair Work Commission has announced a 1.75% increase in the national minimum wage and award minimum wages. This year, the increase in wages is occurring in 3... phases. From the first full pay period starting on or after 1 July, the national minimum wage and minimum wages in 21 awards covering essential services, teachers and childcare, and frontline healthcare and social assistance workers will all increase. Minimum wages under other awards will increase from the first full pay period starting on or after 1 November 2020 and 1 February 2021. You can check when your award will be increased and find the updated pay rates here: https://www.fairwork.gov.au//the-commission-has-announced-

14.01.2022 If you haven’t checked out the first episode of our new podcast Heart of the Bookkeeper with Rob Marshall we recommend that you tune in and have a listen. R...ob speaks with ICB CEO Amanda Linton about her bookkeeping story and her hopes for the future of the industry. We’ve also just released episode two with guest ICB Chair Matthew Addison. Tune in to learn how the industry has changed in the last 25 years, and some of the influences that shaped Matthew’s career in accounting and bookkeeping. https://bit.ly/Heart-of-the-Bookkeeper

14.01.2022 Professional bookkeepers are experts in their field and will set your small business up for success. They have the industry skills to ensure your finances are a...ccurate, organised and up-to-date with changing tax laws and regulations. Bookkeeping is a skilled job so hire a professional bookkeeper to help your business thrive. #GlobalBookkeepingWeek

11.01.2022 Under Single Touch Payroll (STP), employers with 20 or more employees are required to report to the ATO payments such as salaries and wages, pay as you go (PAYG...) withholding, and superannuation simultaneously with each pay run (whether that be weekly, fortnightly etc.). This is set to be expanded to all employers from 1 July 2019. If you need a 12 month or a single event authority weve got them! Follow the link below to find out more: https://www.austbook.net/stpengagementauthorities

09.01.2022 HR Hot Tips from Employment Innovations: What Can I Do When Employees Refuse to Return to Work https://www.icb.org.au/news/newsletter/a/8632

08.01.2022 Were warning the public against using unregistered tax practitioners this tax time. We want to ensure that registered practitioners are not left at a competiti...ve disadvantage by unregistered advisers offering unrealistically large tax refunds and benefits that are not available under the law, costing consumers thousands of dollars in tax bills and penalties. Were encouraging consumers to check the TPB Register to confirm theyre using a registered tax practitioner. Give your clients peace of mind this tax time and display your Registered tax practitioner symbol. Get it here: http://ow.ly/yDFb50AlmHm

08.01.2022 Holiday fallen through, and you cant stomach the thought of a staycation with your iso buddies? Heres what you need to know about cancelling annual leave. Jus...t like you need to get agreement from your boss to take annual leave, you need to get their agreement to cancel it. They have to consider your request and shouldnt unreasonably refuse it. If your boss doesnt want to approve your leave cancellation, try and work with them to come to a solution that suits you both. This might include meeting with them to discuss why you need to cancel your leave, what their concerns are about the cancellation, and any alternative mutually acceptable outcomes, like deferring your leave to later or taking a smaller amount of leave. Weve got more info about cancelling annual leave on our website: https://coronavirus.fairwork.gov.au//cancelling-annual-lea

08.01.2022 Our myth busting video series looks at some of the common myths about workplace entitlements during the coronavirus pandemic.

07.01.2022 Resources, advice and information for small businesses. All one in place.

06.01.2022 Have you noticed someone providing tax agent, BAS agent or tax (financial) advice services for a fee while not being registered with us? Let us know via our onl...ine complaints form: http://ow.ly/r9iw50AnBha Please provide as much detail as possible we cant act on complaints without sufficient information and evidence. See more

06.01.2022 In June, the Fair Work Commission announced a 1.75% increase to minimum wages, with new rates coming into effect in 3 separate groups of awards. The increase to... the second group of awards, which includes construction, manufacturing and a range of other industries, starts from the first full pay period on or after 1 November 2020. You can check whether your award is affected and get the new rates here: https://www.fairwork.gov.au//the-commission-has-announced-

05.01.2022 Your bundle of joy isnt going to wait until after the global pandemic. So how do parental leave and dad and partner pay affect your JobKeeper payments? If you...re getting JobKeeper payments from your employer now, youll continue to get them when youre on unpaid parental leave. If you access the government paid parental leave scheme, your JobKeeper payments will stop while youre getting parental leave pay or dad and partner pay. But once your government paid parental leave scheme payments end, your JobKeeper payments should start back up (as long as your employer continues to meet the eligibility requirements). Weve got more info about your parental leave entitlements here: https://coronavirus.fairwork.gov.au//leave-the-jobkeeper-s

04.01.2022 No one has ever written a love song specifically to their Bookkeeper & Accountant. Until now Tag yours & show them some love below. They need it today Thanks to my pals at Xero for trusting my vision & making this dream become a reality

02.01.2022 JobKeeper Record Keeping Best Practice https://www.icb.org.au//COVID-19//JobKeeper-Record-Keeping

02.01.2022 If youre considering your options for work and looking at getting an ABN, its important to watch out for sham contracting. Sham contracting is where a person ...working as an employee is told theyre a contractor when theyre not. They can also be treated like a contractor in some ways. Sometimes this is done to avoid paying the legal entitlements that would be due if the person was an employee. Sham contracting is illegal. Its illegal to claim an employee is a contractor, say something false to convince them to become a contractor, dismiss or threaten to dismiss them if they dont become a contractor, and dismiss then rehire them as a contractor to do the same work. The Fair Work Act provides serious penalties for businesses or people that contravene these sham contracting prohibitions. Weve got more info about the difference between a contractor and an employee, and what you can do if you think youre being offered a sham contract here: https://www.fairwork.gov.au/find-he/independent-contractors

01.01.2022 Summer sales are coming soon but your wages shouldn’t be discounted. If you’re an adult (21 years of age or over) who gets a casual job as a level 1 employee un...der the Retail Award you must: be paid at least $26.76 per hour be paid at least $32.12 per hour for Saturdays and $37.47 for Sundays get a paid 10-minute rest break if you work 4 or more hours as well as a 30-60 minute unpaid meal break if you work over 5 hours. If your work has an enterprise agreement, then the entitlements could change (though your base rate of pay can’t be less than the rates in the Retail Award). You can find rates for all ages and classifications under the Retail Award and most other modern awards in our Pay Calculator: https://calculate.fairwork.gov.au/findyouraward

01.01.2022 STP Engagement & Finalisation Authority Templates Under Single Touch Payroll (STP), employers with 20 or more employees are required to report to the ATO paymen...ts such as salaries and wages, pay as you go (PAYG) withholding, and superannuation simultaneously with each pay run (whether that be weekly, fortnightly etc.). This is set to be expanded to all employers from 1 July 2019. Weve got all our Members covered with our STP Engagement & Finalisation Authority Templates. Follow the link below to download them from the Members Centre https://www.austbook.net/stpengagementauthorities