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Employees who haven’t chosen a super fund?
Employee superfund help: If your employee hasn't provided their super fund information, you will need to make their super guarantee payments into your employer-nominated or default fund by the required due dates. As an employer, you must nominate your default fund and...
Consolidate your AR Tax Codes
With Simpler BAS, from 1 July 2017 small businesses will have less GST information to report on their BAS. The only GST information required will be: G1 Total sales 1A GST on sales 1B GST on purchases The following GST information will no longer be required: G2 Export...
What is Abandonment of Employment?
Abandonment: Abandonment of Employment occurs when the employee “walks off the job” or fails to turn up to work. Equally, the employee fails to respond to enquiries from the employer about his or her non-attendance. It's reasonable for the employer to be entitled to...
Single Touch Payroll (STP).
Additional help Please visit our updated blog https://www.limeresults.com.au/stp-compliance/ so you get a better understanding. Please visit our updated blog for advanced instructions and help
Simpler BAS
Simpler BAS Goods and services tax (GST) reporting on the business activity statement is getting easier for small business. This is due to a change to GST reporting called Simpler BAS – a partnership between the ATO, software developers, tax professionals and small...
Are you claiming GST Correctly?
Important Changes to Annual Leave If your activity statement is delayed it may have been to check that you haven't claimed a personal expense as a business expense. When claiming GST credits remember: you can only claim a GST credit for goods or services used in your...
Did you know changes are happening to Australia’s super system?
Most of the changes start from 1 July 2017 so it's important to be prepared. You or your employees may be affected if: you make extra super contributions, including through salary sacrifice you have an income over or close to $250,000 you or your spouse have an income...
Are your Leave Entitlements set up correctly?
Are your Leave Entitlements set up correctly? Most employees are entitled to a certain number of days of annual leave, personal leave (such as sick leave) and other forms of leave that they can take during the year. If you're unsure what leave your employees...
ATO and Christmas Parties or Gifts
Maybe you are wondering what can or can’t be claimed regarding staff Christmas parties or even the giving of gifts. Here is a little of the low down..... The boss decides to throw a Christmas party for the staff. Can you claim this as a business expense? Does Fringe...
Our experience of working with Lime Results has been nothing but positive. Elizabeth is knowledgeable, professional and attentive, always responding to our business needs in a timely fashion. We highly recommend her services.
Positive: Professionalism, Quality, Responsiveness, Value
Annick Houle Director O’connor and houle
Lime Results are amazing. We started a new business Brake Care Frankston and Lime Results helped me set everything up from the beginning. I could not have done it without them. Still using them today for ongoing book keeping. 5 Stars from me!
Corina LoRosso Director Frankston Automotive
Lime results have been instrumental in the implementation of our new accounting and inventory systems and website for our manufacturing business. Their friendly, reliable and professional team are continually suggesting ways of streamlining and improving how we do things. Keeping us on track and moving forward towards reaching our goals and targets years sooner than if left to our own devices.
Well worth the investment!
Derrick Berends Director John Berends Implents
Varies valued clients
