by Jeanette Korporaal | Jun 19, 2019 | Xero
Effective 1st July 2019 or before, it is an ATO requirement for all businesses with employees to report payroll and superannuation data electronically to the ATO after each payrun instead of only providing annual Payment Summary information (previous named Group...
by Jeanette Korporaal | Jun 19, 2019 | Financial Management, Xero
Regardless of the financial year of your organisation, there are some very important things to do for the end of the Tax, July to June financial year. Here are some links to very helpful webinars & articles to help you with the year–end tasks!! Watching and...
by Jeanette Korporaal | Jun 19, 2019 | Xero
Xero continues to grow and grow. It achieved great results in the FY19 year just ended* *Xero’s financial year is 1 April – 31st March. Click here to hear Steve Vamos’, Xero’s CEO, presentation. Significant points are: Revenue Growth 36% Positive Cashflow result...
by Jeanette Korporaal | Jun 19, 2019 | BAS, Churches, Payroll, Xero
From 1st July, 2019, all employers will need to submit payroll details to the ATO after each payrun. Many employers are already doing this and Ministers and other Religious Practitioners are included. Religious Practitioners have special fringe benefits tax...
by Jeanette Korporaal | Jun 19, 2019 | Auditing, Churches, Xero
Audit doesn’t have to be a year-end ordeal Maybe you have completed the audit for year end? Maybe you are rushing now to compete the church accounts and need just the final approval? This is the opportunity to consider the simpler and cheaper alternative to an...
by Jeanette Korporaal | Jun 19, 2019 | Churches, Payroll, Xero
Benkorp is getting ready for Single Touch Payroll (STP) STP is mandatory for all organisations employing staff from 1st July, 2019. It has been mandatory for employers with 20 or more employees from 1st July, 2018. Single Touch Payroll is a new ATO initiative. STP...
