If you have your own SMSF you are both a member and a trustee (either individually or as a director of the trustee company). Individual Trustee In this instance your Personal Legal Representative (PLR)takes your place as trustee alongside the
Archives for July 2015
Taxable Payments and Annual Reports due soon!
A reminder for those of you in the building and construction industry that your 2015 Taxable payments annual reports are due 28 August 2015. This report is to include the total payments made to each contractor who provides building and
Trouble lodging 2015 Tax Returns eTax and MyTax?
EXASPERATED users of the myGov and ATO websites trying to lodge their 2015 tax returns have encountered numerous error messages, account lockouts, crashes and broken links. Other users are being locked out of their myGov email accounts. If you are
Tech Tip – Processing Payroll in Xero
After the 18th of August 2014 payroll changed in Xero. As a result the process of reconciling a payrun changed and you no longer had to generate a bill after processing a payrun. The new payroll process works by utilising a clearing account. This