Thursday, 24 July 2014

Get the best services from MYOB agents

Bookkeeping or record keeping of all the transactions at the end of every financial year is not a very favourite task that a business firm or an individual with a business likes to perform. But, they have to do it because it is recommended by the. To help business firms to file all the required financial documents properly, MYOB or Mind Your Own Business is at their disposal.

Mind Your Own Business or MYOB is a multinational corporation that provide accounting, taxation and other services to medium or small and upcoming businesses. The company was founded in the 1991 by Christopher Lee and an expert team of developers at Telware, Inc., Australia. They provide all the modern data-tech software which helps a business firm or an individual in the aspects of payroll management, accounting, customer relationship, resources and job management and managing retail and professional tax products. The few things which you get when apply for the services of MYOB Oatley are –
  • They help you keep track of all the transactions and payroll activities the business performs with the help of a smooth operating and accurate accounting software
  • Preparation of reports and all other important statements are much faster and time and money saving
  • Proper analysis of cash flow is done so as help a business properly raise or lower prices of the products or services they give
  • They help you plan future business strategies with the production of effective and timely reports.
If you are searching for the services of MYOB Oatley, then contact My Own Bookkeeper. They are the leading experts in all accounting and bookkeeping related fields and will always give you proper advice. Their contact number is 02-9114-6102 and 0406-271-890.

For More About MYOB Oatley Click http://www.myownbookkeeper.com.au

Get the best BAS agent for all your bookkeeping needs

A form, submitted to the Australian Taxation Office, by all and any businesses so as to report their taxation obligations is known as a Business Activity Statement or BAS. An organization can complete a variety of BAS forms for submission to the taxation department. A business receives a BAS form depending upon the taxation liabilities the organization has. The BAS form can be submitted via mail or e-mail and each form contain a unique Document Identification Number or DIN.

An individual or accounting firm who helps a business to submit the BAS form properly and timely is known as a BAS agent. The official role of a BAS agent came into fruition in the year 2009 after passing of a bill by the Tax Practitioner’s Board. The main services given forth by a BAS agent includes –
  • Preparation and submission of a form which relates to client’s tax liabilities like a Business Activity Statement or Instalment Activity Statement or even Summaries of different Payments made by the organization or business firm
  • Giving advice to the individual about the BAS provisions which can be exercised by him/her during his/her taxation obligations. The BAS provisions include Wine Equalisation Tax Law, Fuel Tax Law, GST or Good and Services Tax Law, etc.
  • Interpretation and application of the BAS provisions
  • Coding of tax invoices
  • Completion of BAS on behalf of the client
If you are looking for the best BAS Agent Mortdale, then you should defiantly call upon the serviceof My Own Bookkeeper. They offer the best, efficient and reliable services on all bookkeeping related activities. You can contact them at their landline number which is (02)-9114-6102 or at their cell phone number which is 040-6271-890.

For More About BAS Agent Mortdale Click http://www.myownbookkeeper.com.au

Filing of Goods and Services Tax done right



A consumption or value-added tax of 10% on transactions for almost all goods and services is known as Goods and Services Tax or GST. This tax is implemented on most transaction of production of goods and services and then refunded to all the parties or an individual involved in chain of production but is not given to the final consumer.

History of GST

The idea of a broad-based consumption was first proposed by federal treasurer Paul Keating during the 1985 Tax Summit but due to pressure from ACTU and welfare businesses and groups, it was dropped by the then Labour Prime Minister, Bob Hawke. Finally, on 1st July, 2000, the GST replaced the previous Federal wholesale sales tax system and was introduced by the Howard Government.

How it works

The GST will be included in the prices of all goods and services sold by a business after it has registered for GST. They collect GST while selling the goods and service to the customers. Even if an individual operates more than one business, he/she has to only register for GST once. After registration, the GST is included in all products sold by the business and all claims GST in all the products they purchase for the business. If you are a GST-registered business, it is required by you to issue tax invoices to customers, collect GST and then send it the proper authority along with the BAS. The GST-registered business must add the GST to all goods and services you sell unless these are input taxed or GST-free. 

Contact for GST services

If you are looking for proper guidance while filling for GST Hurstville, then you should contact My Own Bookkeeper. Their number is 02-9114-6102 and 0406-271-890. They will help with all your GST and bookkeeping needs.

For More About GST Hurstville Click http://www.myownbookkeeper.com.au