I am so excited to finally be able to say that we are now in the 2020 financial year. I am being totally dorky but 2020 just sounds so cool to me…….people who have 2020 vision have perfect vision and in my mind – this financial year is going to be an amazing one. But […]
Author: iqaccountants
Single Touch Payroll – the time is now
The government in mid-February 2019 legislated to include Single Touch Payroll reporting to the ATO for all employers with less than 20 employees. So, what is Single Touch Payroll? Single Touch Payroll (STP) is effectively payroll in real time, in that, every time an employer pays an employee, all pay information is sent to the […]
Budget Love
There’s a buzz in the air right now – it’s a busy time….on top of the usual May due dates that are quickly approaching, I’ve been travelling a bit lately, am Sydney boundwith the IQ team this weekend and head overseas next week. And then – to top it off – there was the BUDGET […]
Single Touch Payroll – Act Now
Single Touch Payroll (STP) is a change to the way employers report their employees tax and superannuation information to the ATO and is done electronically through your accounting or payroll software. The information is sent directly from the software to the ATO. All employers need to ensure that they are compliant by July 1st. Employers […]
Casual employees and entitlements
Denise O’Reilly, Director of O’Reilly Workplace Law shares her knowledge on the latest changes regarding casual employees and their entitlements.
IQ Bookkeeping
Next month we celebrate the 12 month-a-versary of the launch of IQ Bookkeeping. It’s part of the reason I’ve been a little quiet on the blog, getting the bookkeeping business setup and running the way we wanted has been challenging but SO MUCH fun (I really do mean that) and it’s been so rewarding watching […]
The importance of planning
Over the past 12 months in the office, there have been many excited discussions about flowers, bridesmaid dresses and bonbonnieres (more than I care to mention!) but finally on the weekend we were privileged to attend Jesika’s wedding and watch her wed the wonderful Aaron. We are extremely excited to watch them continue their journey together; […]
2018 Budget – IQ Top 5
So last night was budget night and instead of being glued to my TV I was sitting in a P and F meeting! To my dismay, when I said “we are missing the budget” – someone else said “we are missing masterchef!” and then when we were leaving I reminded everyone “we are missing finding […]
Single Touch Payroll
In a couple of weeks the ATO is asking all employers to do a headcount…….I have to admit this makes me giggle a little. I just have images of everyone lining up all of their staff primary school style and tapping them on the head as they count them and mark the roll. Obviously in […]
