Optimised Accounting in Werribee, Victoria | Accountant

Optimised Accounting

Locality: Werribee, Victoria

Phone: +61 3 8609 9226

Address: 277 Heaths Rd 3030 Werribee, VIC, Australia

Website: https://www.optimisedaccounting.com.au

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• Tax preparation service
• Accountant
• Financial service

25.01.2022 Reminder Employee Super is due on the 28th October. If you are paying through Xero we recommend you do this by today to ensure there is enough time for processing.

25.01.2022 Reminder Today is the due date for both Monthly IASs and FBT lodgements.

25.01.2022 Additional business support has been announced to help eligible businesses with the latest restrictions. We sum up the Victorian grant as well as possible changes to JobKeeper 2.0 Link here: https://www.optimisedaccounting.com.au/stage-4-lockdown-su/

24.01.2022 Reminder Employee Superannuation is due on the 28th July. If paying through Xero, we suggest this is done today to allow time for processing.

24.01.2022 Reminder Today is the due date for State Payroll Tax. Any top up payments for JobKeeper is exempt from Payroll Tax, thanks SRO.

23.01.2022 Reminder Sunday is the due date for State Payroll Tax

23.01.2022 IMPORTANT VICTORIAN GRANT Applications are now open for the 3rd round of the Business Support Fund. Please note that late this afternoon the state government finally released full eligibility criteria. This grant is now only available to specific industries that are not open or subject to a COVIDSafe Plan.... To read more about this please click here: https://www.optimisedaccounting.com.au/3rd-round-of-victor/

22.01.2022 The Easter Bunny has been confirmed as essential which is a relief! We will be closed Friday and Monday, and would like to wish everyone a Happy Easter. Enjoy the chocolate in the quietest Easter we will probably all have. ***** (If JobKeeper goes through, we will however be working on this as its such a high priority)

22.01.2022 Reminder Today is the due date for Monthly IASs

22.01.2022 Now that we are free to make plans, we are all scrambling to make bookings and see our loved ones again. If you are also planning your office xmas party be mindful of FBT you don't want to be paying unnecessary tax on your celebration. For more info read here: https://www.optimisedaccounting.com.au/christmas/

22.01.2022 Reminder Tomorrow is the due date for Monthly IASs

21.01.2022 Curious about that JobKeeper payment announced by Scomo today? Heres what we know so far as well as Shauns assumptions and interpretation on the limited information available. Well do a proper video once the legislation has passed and we have guidance.... Register your EOI with the ATO @ www.ato.gov.au/Job-Keeper-Payment

21.01.2022 Reminder Today is the due date to certify Workcover remuneration

20.01.2022 Some good news for the start of the working week after our long weekend: Xeros price rise for July has been further delayed. Thanks Xero!

20.01.2022 Payroll tax relief for eligible businesses (Today is the usual due date for State Payroll Tax) As part of the Victorian Governments coronavirus payroll tax relief measures, eligible businesses can defer their payroll tax payments for the first half of the 2020-21 financial year.... ***You must still lodge your monthly return by the 7th day of each following month or the next business day.*** The deferral is in two stages: July, August and September 2020 payroll tax payments can be deferred until on or before 14 January 2021. October, November and December 2020 payroll tax payments can be deferred until on or before 9 March 2021. Starting from your January 2021 return (due on 8 February), you will lodge and pay your monthly returns as normal.

19.01.2022 What better way to celebrate our 5th birthday then at the @xero roadshow learning about whats new and upcoming at our chosen platform.

18.01.2022 Yesterday the government announced the extension of JobKeeper until March. This is under a new 2 tier system dubbed JobKeeper 2.0. Most importantly, there will be no changes to those on JobKeeper currently until September. More on the link below: https://www.optimisedaccounting.com.au/jobkeeper-2-0/

18.01.2022 Good morning and Happy New Financial Year!

18.01.2022 Metro Melbournians, wondering if your business is eligible for this new Government grant? We list the criteria over on blog link here: https://www.optimisedaccounting.com.au/victorian-business-/

17.01.2022 Reminder Today is the due date for both Personal PAYG Instalments and Quarterly BAS

16.01.2022 This morning Treasurer Frydenberg announced some changes to employee eligibility that starts from today, as well as some changes to JobKeeper 2.0 from October onwards. For details click here: https://www.optimisedaccounting.com.au/jobkeeper-2-0/

15.01.2022 Todays the day of our webinar to help explain the different Covid-19 assistance available to businesses. We are amazed at how many signups we have, thank you for all the shares! See you all in just over 2 hours. Sign up here if you havent already: https://zoom.us//r/4015848290493/WN_m97e7c9_SZK5o0u87K0tpQ

14.01.2022 Job Keeper Q & A Treasury documents have been released for the JobKeeper payment. They are a little light on detail at this stage. Shaun will be recording his take on the announcement tonight and is after some FAQs that we can answer about this.... What are your burning hot questions that we can ask him to answer?

14.01.2022 Fellow Melbournians, today the government have released a Business Survival Package to help businesses and workers through to the other side of the coronavirus pandemic. Full eligibility for this isnt available yet, as more details will be provided soon. We will keep you updated. This package includes:... The expanded Business Support Fund providing more than 80,000 eligible businesses with a new $5,000 grant to support them through the renewed restrictions. A $30 million dedicated fund for Victorias night time economy to support the hardest hit businesses in hospitality. $26 million in mental health support will ensure Victorians dealing with the compounding challenges of running a small business can get the support they need as they navigate their way through the crisis. A $10 million business mentoring program, pairing small business owners with experienced professionals who can help them navigate their way through the crisis. A $40 million capped fund for regional tourism businesses to cover the costs of refunds. A $20 million fund to support small businesess in Melbournes CBD that are faced with a large and sustained shock to their trading environments. To register your interest head over here: https://www.business.vic.gov.au//grants-and-assistance/bus

14.01.2022 Reminder The 7th (tomorrow) is usually the due date for State Payroll Tax, however there is an extension for the public holiday. Due on the 10th this month!

14.01.2022 Reminder Today is the due date for TPAR reports

13.01.2022 Reminder Today is the due date for both Personal PAYG Instalments and Employee Superannuation.

12.01.2022 Who can relate?

11.01.2022 The government have extended the Business Support Grant to include employers registered for JobKeeper. We have been contacting JobKeeper clients if we think you are eligible. For more info: https://www.business.vic.gov.au//business-support-fund-faqs

10.01.2022 Reminder Today is the due date for both Personal PAYG Instalments, and Employee Superannuation

10.01.2022 Payroll tax relief for eligible businesses (Tomorrow is the usual due date for State Payroll Tax) As part of the Victorian Government's coronavirus payroll tax relief measures, eligible businesses can defer their payroll tax payments for the first half of the 2020-21 financial year. ***You must still lodge your monthly return by the 7th day of each following month or the next business day.***... October, November and December 2020 payroll tax payments can be deferred until on or before 9 March 2021. Starting from your January 2021 return (due on 8 February), you will lodge and pay your monthly returns as normal.

10.01.2022 Over the weekend the government announced more assistance yet again for Victorian businesses. All details havent yet been released, but here are some things we do know: The Business Survival and Adaptation Package is $3 billion to support Victorian businesses.... This includes a third round of the Business Support Fund for small and medium sized businesses which will provide up to $20K for business with a payroll of up to $10 million. There are also grants for the hospitality industry, business chamber and trader groups and Alpine businesses. A second part to this is helping businesses adapt so they can trade online, help Victorian exporters, and expand the click for vic campaign to encourage us all shop local. The government is also providing $1.8 billion in waivers and deferrals for tax and cashflow support. In the meantime weve linked to Business Victorias website with some info. https://www.business.vic.gov.au//business-survival-and-ada As always, we will keep you updated as we know more. Happy Monday!

08.01.2022 Reminder Today is the due date for Quarterly BASes

07.01.2022 Good morning, JobKeeper payments have started hitting accounts! We have created a JobKeeper account code in your Xero file chart of accounts. Wondering how to reconcile? Simply hit ok!

07.01.2022 ScoMo announcing the 3rd tranch of economic stimulus. $130bn - making the entire support $200m in total

05.01.2022 Good morning, Registrations for JobKeeper are now open, and timing is of the essence. If you believe you are eligible for April, this will need to be registered this week. Please head over to our website to watch our updated video explaining all the changes and clarifications that have occurred over the last few weeks since this payment was announced.... This video is 45 minutes, as theres quite alot of information to cover. So grab yourself a coffee and get comfy. https://www.optimisedaccounting.com.au/jobkeeper-is-open/

05.01.2022 Some new measures announced this morning - well be going through these on Tuesday as well. If youd like to join the webinar or receive a recording register here: https://zoom.us/webinar/register/WN_m97e7c9_SZK5o0u87K0tpQ INDIVIDUALS/SOLE TRADERS... JobSeeker (Newstart allowance) changes Additional $550 per fortnight supplement on top of the normally available payment. Access to an additional one-off $750 payment if eligible prior to 13 April 2020 Access to Superannuation Ability to access up to $20,000 tax-free for individuals who have had their hours cut or for sole traders whos turnover reduced by more than 20% Additional $750 payment to certain social security recipients in July. EMPLOYERS Enhancing Cashflow for Small Businesses (Changes to the measures announced last week) - Minimum $10k available from 28 April - 100% of PAYG Withholding credited up to $50k until June 2020 (Up from 50% and $25k) - Additional payment equal to your entitlement up to June payable in July - October. Legal relief to distressed businesses. - Increase of threshold where creditors can issue a statutory demand. (i.e. garnishee / wind up notice) - Withholding enforcement action by the ATO (wind ups / director penalty notices) Guarantee of 50% of lending for short-term loans

04.01.2022 Reminder Today is the due date for Quarterly BASes when lodging through a tax agent (like us)

04.01.2022 Today Parliament passed the bill for JobKeeper 2.0. We are still waiting on the finer details from the ATO and Treasury, and will keep you updated once they come out. JobKeeper 2.0 will start from 28th September 2020. For what we know so far, head here: https://www.optimisedaccounting.com.au/jobkeeper-2-0/

02.01.2022 COVID-19 ASSISTANCE FOR SMALL to MEDIUM SIZED BUSINESS OWNERS Small and Medium sized businesses employ approximately 7,800,000 people in Australia. We are bringing to you a webinar with all the FACTS surrounding the measures available to Small & Medium businesses without the media spin.... Join us on Tuesday to hear: - Assistance from State Government - Assistance from Federal Government - ATO Concessions & Assistance and the sting to watch out for! - How the banks are chipping in. - Frequently Asked Questions from over 60 calls in the past week with business owners covering: - Cashflow improvement practices, - Negotiating with landlords, - Where to find help if you need to lay off staff. Supporting businesses is a major priority, as it keeps people employed and the economy moving. If you cant attend and would like a link to the video and resources please register as normal and well e-mail a recording.

01.01.2022 NEW VIDEO -- Shaun explains the Governments proposal of the Coronavirus stimulus package in this video, as it stands today. (not as polished as wed like but needed to go out today!)

01.01.2022 Our friends at Scott Legal have put together a handy document explaining Covid-19 employment law. It goes through redundancy, stand downs, employee quarantine and working from home conditions to name a few. Have a read here: https://scottlegal.com.au//COVID-19-employment-law-190420.