JobKeeper Q & A

We recently conducted a JobKeeper Q&A session on YouTube. If you cannot view the video we have included a transcript below. Transcript Hi everybody, it’s Jarrod Rogers here from Beyond Accountancy.  I’m here today with Ashlee and Craig.  JobKeeper is now law, it has been operating for a while.  Enrolment started last week but there … Read more

SMSF regulation details removed

What does it mean if your SMSF status is Regulation details removed on Super Fund Lookup? The explanation on Super Fund Lookup simply says: The regulation details of this SMSF have been removed from display in Super Fund Lookup due to their failure to lodge returns. But you’ve already read that. Practically, here is what … Read more

Job Keeper payment (stimulus part 3)

Jarrod Rogers CPA 3 April 2020 Yes, it’s another update from us on government stimulus.  However, every new week is a new tax law, and as businesses owners, we all need to keep up to date. Job Keeper You would have heard of Job Keeper in the news. Here is the fact sheet: https://treasury.gov.au/sites/default/files/2020-04/Fact_sheet_Info_for_Employers.pdf The … Read more

Government support for coronavirus crisis

Craig Byron CPA 18 Mar 2020 Here’s our guide to the assistance available to small business as a result of the Coronavirus outbreak in Australia.   The government has an assistance package to help keep cash flowing through the economy and people in their jobs.  While additional funds for health care and cash payments to those … Read more

Are you paying payroll tax when you don’t need to?

Legitimate ways to avoid payroll tax in Victoria Congratulations.  If you’re reading this your business has hit – or will be close to hitting – the payroll tax threshold. Now I know you’re not going to be over the moon about leaking even more tax out of your small business.  But if you are paying … Read more

Something every Kiwi in Australia needs to know

I’ve sometimes thought that perhaps Australia needs to make a few things right with our trans-Tasman cousins. I’m sorry about the underarm incident. It’s embarrassing to think that we’d resort to cheating like that. And sorry that our recent cricketers show such embarrassing sportsmanship. Also, sorry for all those predictable sheep jokes, and for trying … Read more

ANZ Employee Share Plans

Are you an ANZ employee (or former employee) who has participated in an Employee Share Plan? You’ve come to the right place. We can assist you with working out the tax implications for all ANZ share plans including: ANZ Employee Share Offer (Previously known as $1000 Share Plan) (ESAP) ANZ Deferred Share Plan ANZ Share … Read more

5 reasons to feel better about your late tax returns

Over the last few years Beyond Accountancy has helped a lot of people get their tax affairs in order. This experience has taught us a lot, not only about how the ATO deals with late lodgments, but how it makes people feel. Generally, the feeling is one of stress or anxiety, and it can be … Read more

Changes to PAYG Instalments

If you lodge a tax return and you owe tax, you may be asked to pay PAYG instalments. PAYG instalments are down-payments towards your estimated future tax. Who has to pay PAYG instalments? You have to pay PAYG instalments if: have repeating income, e.g. rent, interest, dividends, employee share grants, business income (but not one-off … Read more