P & G Accountants Pty Ltd in Como, Western Australia | Financial service

P & G Accountants Pty Ltd

Locality: Como, Western Australia

Phone: +61 8 9368 0547

Address: SUITE 1, LEVEL 1, COMO CENTRE, 25 PRESTON STREET 6152 Como, Western Australia, WA, Australia

Website: https://www.pgaccountants.info

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• Tax preparation service
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25.01.2022 http://www.pubacct.org.au//asbas-allocate-18m-get-small-bi

24.01.2022 Tax education in schools not happening early enough, says IPA Maja Garaca Djurdjevic January 4, 2019 The Institute of Public Accountants is concerned that tax education in schools is not taking place early enough.... The IPA said, in its recently released Small Business White Paper, that delayed education on tax impacts on young peoples understanding, some of whom are already launching their small businesses online. Small businesses have a range of tax obligations and getting a general understanding of the tax system through primary and secondary school years would prepare prospective entrepreneurs with the tax knowledge they require, the IPA noted. Moreover, it said, increasing use of platforms such as Air Tasker, Airbnb and Uber by people who might otherwise not work for themselves, creates an added need for young people to understand the tax system. It is critical that students are taught from a young age that a social contract requires people who earn income to pay tax in accordance with the law, so the government can provide services needed by the community, the institute explained. Tax education in primary, secondary and tertiary institutions may also encourage students to consider a career as a tax professional. There will be a need to ensure enough accounting graduates are able to replace the aging tax agent demographic, the IPA said. This requires a conscious effort by secondary and tertiary institutions to encourage candidates to consider the appropriate studies to become a registered tax agent. Additionally, early tax education would minimise the number of people who are taken in by fraudulent tax schemes, the IPA added. Only half of parents talk tax to their kids In September this year, the ATO revealed that young Australians knowledge of tax and superannuation is low, particularly in relation to the purpose of tax, the ability to complete a tax return and how to seek help about tax and superannuation. Research launched by the Tax Office found that over half of parents (54 per cent) have not had any discussion around tax and superannuation with their child. Additionally, it revealed that there are low levels of awareness of tax and superannuation being taught in schools only 7 per cent of parents are aware of superannuation education, while 13 per cent are aware of tax education. Contrarily, nine in 10 parents and wider community members said education on tax and superannuation is important. Education about tax and superannuation is considered to be an essential life skill. It was recognised that the consequences of no education on these topics would lead to poor financial decisions and, in some cases, limited financial security, the ATO said at the time.

22.01.2022 http://www.pubacct.org.au/blog/e-invoicing-mean-accountants

22.01.2022 Tax returns cover the financial year, from 1 July to 30 June, and are due by 31 October deadline. If you register with a Tax agent you will be eligible for extension of period under the Tax agent lodgement programme.

21.01.2022 https://www.ato.gov.au//GST-and-excise/Do-you-export-goo/

21.01.2022 Is an SMSF right for you? Many business owners consider starting a self-managed superannuation fund (SMSF), but its important to know whats involved before making any decisions. In an SMSF, you become the legal trustee or director (depending on the structure), so its important to have a solid understanding of investment markets along with tax and super law. You also need to make sure you are able to dedicate time and money into working on your SMSF.... SMSFs are a great vehicle for retirement, but theyre not for everyone.

21.01.2022 https://www.intheblack.com//2/11/01/women-can-make-partner

20.01.2022 STP to boost transparency, says IPA Maja Garaca Djurdjevic January 3, 2019 The IPA said single touch payroll (STP) will bring major improvements to system integration and transparency.... The Institute of Public Accountants earlier made a submission to the federal government supporting the implementation of STP, it said in its recently released Small Business White Paper. The benefits to employers, the IPA said, lie in improvements to the employee commencement and reporting, as well as compliance benefits on the back of a more level playing field for employers. Employees will gain new transparency over their pay as you go (PAYG) withholding tax position and super contributions, as reported by employers each payday, the IPA noted. On 5 December, the Senate passed legislation to extend STP reporting to businesses with less than 19 employees. Employers with 20 or more employees have been subject to STP since 1 July. Technically, all businesses will be required to comply with STP reporting from 1 July. How will small business handle STP? The governments pilot program, conducted with a series of small businesses that have fewer than 19 employees, found that small businesses would see limited benefits in the initial implementation of the process. It suggested that a small but significant minority of small employers will struggle with the implementation if they dont receive support. Depending on the solution pathway a business takes, they are likely to find the change effort and potential cost significant, the IPA cautioned. It advised that possible solutions to the information technology challenges faced by small businesses may include the development of a range of strategies and tools, in concert with stakeholders, to bridge the capability and confidence gap these employers face. What is STP? Single touch payroll means that every time a business pays their employees, all salary information is sent to the ATO. This method eliminates the need for PAYG withholding activity statements throughout the year, with ATO arguing it is a more efficient way to run the taxation system. The ATO is currently in negotiation with software developers to build low-cost STP solutions.

20.01.2022 http://www.news.com.au//n/e1f69c1c101d6ee029ff1add4f91ba49

20.01.2022 https://seniors.maximumefficiency.com/27-Discounts-Australi

19.01.2022 https://www.intheblack.com//20/01/29/energy-levels-at-work

19.01.2022 Due dates for lodging tax returns Most registered tax agents have a special lodgment program and can lodge returns for their clients after the usual 31 October deadline. The due date will also depend on your personal situation. Contact your tax agent for advice. If youre using a tax agent for the first time, or using a different tax agent, you need to contact them before 31 October to take advantage of their lodgment program due dates.

18.01.2022 http://www.pubacct.org.au/news/banking-inquiry-bad-clients

17.01.2022 http://www.pubacct.org.au//aussie-businesses-targeted-new-

15.01.2022 Our office will be closed for Easter holidays from 31st March 2018 until 8th April 2018 inclusive. We will resume normal business hours from 9th April 2018. We wish you and your family happy holidays.

15.01.2022 https://www.intheblack.com//2017/10/18/hiring-older-workers

11.01.2022 Our office will be closed from 15 December 2018 and will resume normal business hours from 03 January 2019.

08.01.2022 Our firm will be closed for holidays from 20th December 2019 until 07 January 2020. We will re-open on 08th January 2020.

08.01.2022 http://www.pubacct.org.au//ato-warns-taxpayers-high-alert-

08.01.2022 Lodging prior years tax returns If you havent lodged a previous years tax return, its important to get up to date as soon as possible to avoid penalty. Your tax agent can prepare and lodge prior year tax returns for you, so contact them for advice.

05.01.2022 https://www.intheblack.com//2/08/01/bitcoin-bypasses-banks

05.01.2022 https://www.ato.gov.au//Reverse-charge-of-GST-on-things-p/

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03.01.2022 https://www.intheblack.com//20/11/01/rebranding-smart-move

03.01.2022 http://www.abc.net.au//paradise-papers-show-the-c/9141214

03.01.2022 https://www.ato.gov.au//Fuel-tax-credit-rates-have-incre/

02.01.2022 https://www.intheblack.com//excel-yourself-summing-hours-i

02.01.2022 http://reports.weforum.org/future-of-job/employment-trends/

02.01.2022 https://www.intheblack.com//12/avoid-these-17-resume-kille

01.01.2022 https://www.ato.gov.au//Pro/Residential-rental-properties/