If you have recently lodged your tax return, you may have noticed that the amount on your IAS has changed or you may have received a Quarterly PAYG instalment notice for the very first time. As an individual taxpayer, you will receive an IAS or Quarterly PAYG instalment notice – this is the way that Pay AsContinue reading “Pay As You Go Instalment”
Author Archives: iqaccountants
Happy New Year
Happy New Year! After a well deserved break for all of my wonderful staff, we reopened the office yesterday and are well and truly back on board and in work mode. There are some great blog topics coming up in the next few weeks including some information on PAYGI, amending tax returns and how toContinue reading “Happy New Year”
Hiatus
The office is now closed and will re-open on Monday January 7th. I’ve got staff travelling interstate and overseas these holidays so it was nice to close a couple of days early. At this festive time of the year I want to thank everyone for their support. I feel very blessed to have such wonderfulContinue reading “Hiatus”
Help Wanted
We are looking for a junior administration assistant to join our busy team. The position will suit a motivated junior interested in working in the office environment and willing to learn from the ground up. This is an absolute base level position with tasks such as correspondence, filing, scanning, photocopying and answering the phone beingContinue reading “Help Wanted”
Parties and Presents
Christmas is such a giving time of the year and many of my clients choose to provide their staff with a christmas gift or celebrate with a christmas party of both. While very generous, there are some GST and tax implications that you should be aware of when deciding how to celebrate the season withContinue reading “Parties and Presents”
Christmas is coming….
With the countdown to christmas holidays quickly approaching there is a mad rush to complete things before we close the office. To add to that, I’ve been in major stress mode about my christmas shopping. I’m usually so organised and have most things bought and wrapped by now. I found a solution though – thereContinue reading “Christmas is coming….”
An apple a day…..
They say an apple a day can keep the doctor away but I swear I keep a steady supply of apples in the house and sickness still manages to get us. When I take the time to add up the scary number of medical expenses that we incur every year, the only thing keeping meContinue reading “An apple a day…..”
I owe you
ATO debts are scarily easy to rack up. I posted a couple of weeks ago about ATO debts but if the debt is more than $25,000 – there’s a different process. The best course of action is to contact the ATO. You’ll be asked questions about your (or your business) financial position and capacity toContinue reading “I owe you”
We made it!
Last Sunday we participated in the Triathlon Pink 5km fun run.It was a great morning and we raised over $1,400 for breast cancer through the generous donations of our family, clients and friends. As I’ve mentioned this event a few times on the blog I thought I’d share our experience. It goes without saying thatContinue reading “We made it!”
ATO Debt?
I can always tell when someone rings me with the sole purpose of discussing an ATO debt. There’s a hint of hesitation in their voice and I can almost hear the unspoken wish that I will tell them ‘there’s been a mistake and there’s no debt, what are you talking about?’ Just so you know,Continue reading “ATO Debt?”