Brandon has recorded a video on how to record receipt of the CashFlow Boost payments in Xero.
✅ Creating a new Revenue Account
✅ Non-assessable income & GST Free
✅ Bank reconciliation
✅ Relevant reference & Creating a bill
In the 2019–20 Budget, the government announced that Single Touch Payroll (STP) would be expanded to include additional information.
Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations.
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails encouraging us to spend now to access the deduction.