Christmas Parties - Tax and FBT
It's the festive season, and it's around this time that clients often ask us if Christmas Parties for staff are tax-deductible. The short answer is that Christmas Parties are generally classified...
R U OK? Golf Day 2019
Keeping Company were proud sponsors of the R U OK? Golf Day and Gavin Larkin Memorial Trophy 2019 held at Moore Park yesterday. R U OK? is an Australian non-profit suicide prevention organisation,...
60,000 Tax Cheat Tip Offs
Tip-offs to the Australian Taxation Office (ATO) have reached an all-time high with close to 60,000 tip-offs received between June and May 2019 – almost double the number of the previous year. The ...
Personal Income Tax Update
WHAT ARE YOU REALLY ENTITLED TO? The recent income tax cuts that passed through Parliament do not mean everyone automatically gets $1,080 back from the Government as soon as they lodge their income ta...
Year End Tax Planning 2019
As we approach 30 June, we thought it was timely to give our clients a refresher on some common EOFY tax planning tips, and also point out the key changes for the 2019 tax year that may impact you and...
Why do a budget?
Is my business making money? Will I have enough cash to pay expenses when they are due? Will I be able to grow my business and increase my salary this year? Like most small businesses, if y...
Payroll Tax Reminder
To assist you in ensuring your business understands and meets it's payroll tax obligations, this blog highlights some of the common errors and misunderstandings that are to be avoided. Contractors C...
Single Touch Payroll
From 1 July 2019, single touch payroll – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – will apply to all employers. What emplo...
Key features of the Federal Budget 2019 - 2020
The 2019/2020 Federal Budget sees the Government predicting a return to a surplus of $7.1 billion. Driven by the politics of a looming election, the Government is lowering taxes and increasing spendi...
FBT on meal entertainment – Are you doing the right thing?
At some point, every organisation provides meals or refreshments to its employees, clients and other persons alike but there is often doubt about how to account accurately for these expenses. In thi...
Merry Christmas 2018
There is no better time to show your appreciation than around the holidays. Great to have the whole team together and celebrate a fabulous 2018. Thank you to our fearless leaders Ryan Miller and...
Cloud Best Practice Champions
Cyber crime is the fastest growing crime in the world. We all know it's no longer acceptable to use the same simple password, even if you change it occasionally. As technology evolves to be ever more...
Keeping Co Client Communication Privacy Policy Update
Hello, We are committed to being responsible data custodians, protecting your privacy and ensuring that your personal information does not get misused. We take our obligations to you seriously and ...
Preparing your business for tax time 2018
Preparing in advance for the end of the financial year could give your small business a significant boost in 2018/19. Rather than viewing it as a season to get caught up, think of June and July as an...
ATO outlines cryptocurrency plans for tax time
‘We will take strong action’: cryptocurrency comes under review Ahead of its surveillance and compliance activity for tax time 2018 the tax office is “strongly encouraging” taxpayers to revie...
Single Touch Payroll for Small to Medium Business
End of financial year is an opportunistic time to assess all the facets of your enterprise and look at opportunities and get a jump on the year ahead. The Australian Tax Office's introduction of Si...
Building a new website with Netpoint Group
A big thank you to our brilliant web development team at Netpoint Group for their excellent work on completing the new Keeping Co. website. Entrusting you with our most precious brand asset has alread...
Super Important Information for Employers
With an estimated shortfall in superannuation payments of around $2.8 billion, the Australian Government are introducing a two-fold front to tackle the issue of unpaid superannuation. There will be a ...
Further expansion for Keeping Company.
Keeping Company is pleased to announce the opening of their fourth office location on the outskirts of Brisbane. Margate, QLD: The industry leader in accounting solutions, Keeping Company has made ...
Keeping Co. shortlisted for the prestigious Accountants Daily Awards 2018.
Keeping Company has been shortlisted as a finalist to win 2 awards in the Marketing and Bookkeeping categories at the 2018 Australian Accounting Awards, hosted by Accountants Daily. Now on its fift...
Hubdoc 2017 Top 50 Accounting Awards
We’re pleased to announce that Keeping Company made the list of the Top 50 Cloud Accountants of 2017 in Australia! It is the second consecutive year our Cloud Accounting firm has featured in the ...
Meaningful marketing and profitable brands – introducing the drawing board
The increasingly digital world can be a challenging place for brands and businesses. People have more choice, more control and more expectations. And less time, less patience and less trust than ever ...
End of year tax planning 2017
With 30 June fast approaching, now is the time to consider your year end tax position. We have compiled the following list of items to assist in the year end tax planning process. We are always avail...
Your guide to the 2017 federal budget
Budget Recap In case you missed it, last night’s budget contained a number of measures aimed at stimulating the economy particularly through infrastructure spending. This spending will be in the vi...
Interest rate hold
At its May meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you? Interest rates remain low, so it’s still a great time to ...
Keeping Company expand into Pyrmont
New office locations We are super excited to announce that we have opened a 2nd office location at 100 Harris Street, Pyrmont. The opening of this office will make it much easier to service our Cit...
Not-For-Profit Accounting
We were extremely pleased to join the Sydney Dogs and Cats Home as a gold sponsor to help commemorate their 70th Anniversary Gala Dinner on Saturday, 29 October in The Grand Ballroom at The Westin, S...
Superannuation contributions update
The Treasurer has dropped some major superannuation proposals that he outlined earlier in this year’s budget, including the $500,000 lifetime concessional cap on contributions. This change has pleas...
celebrating our XERO Gold Partner status
As the newest member of the XERO Gold Partner community Keeping Thanks to the businesses who’ve joined the Xero revolution with Keeping Company we have now joined a list of a select few within the ...
The end of financial year has arrived
For many businesses, the end of financial year is the busiest time of the year. The start of the new financial year is filled with plenty of obligations – and now’s the time for businesses to get ...
How will the 2016 federal budget effect your business?
We have summarised the key points coming out of the May 2016 federal budget that we feel relate most to our client base. If you require any further clarification or have any questions please contact u...
Year End Tax Planning 2016
Key year end tax planning strategies as 30 June approaches With 30 June fast approaching, now is the time to consider your year end tax position. We have compiled the following list of items to assis...
Workshops and Xero Software Training at Vibewire
Community Engagement – XERO software training On Thursday, 12 May 2016 Keeping Company launched a new concept of education workshops with a group of talented and passionate youth at Vibewire headqu...
It’s BAS time, here’s what you need to know
Business Activity Statement (BAS) is a tax reporting requirement for all business. The BAS is used to report and pay Goods and Services Tax (GST), PAYG Instalments, PAYG Withholding tax and other tax ...
Understanding luxury car tax
Luxury Car Tax (LCT) is a tax of 33% on any luxury car sold in Australia or imported into Australia greater than the LCT threshold. A car is considered to be a motor vehicle designed to carry less tha...
Common tax minimisation strategies for small business
It’s tax planning time! If you’re a small business owner you don’t want to have to pay more tax than you have to. The following tips will ensure you get the most bang for your buck come tax time...
why small businesses need accounting software today
If you’re a small business owner and have the goal of being successful and making money, then you absolutely need to be using an accounting software. Regardless of the structure, sole trader, compan...
xero cloud accounting – moving your accounting online
xero cloud accounting online Moving to xero cloud accounting doesn’t have to be a daunting process. It’s easier and more cost effective than you think. The cloud has changed the world of accoun...
most common tax minimisation strategies
Well it’s that time of year again when we focus our attention on tax planning before 30th June.Tax Minimisation Strategies There are a number of tax minimisation strategies that are often forgott...
tax deductible expenses – how much are they worth?
Tax deductible expenses Although we have just started a new tax year, it is still important to understand the value of your tax deductible expenses and the benefit of that spending on your disposab...
year-end tax planning for small businesses
Tax planning strategies for year end Tax planning and the management of your tax liabilities is crucial to the success of any small business. There are certain strategies that can be implemented be...
Want to reduce tax? The tax write-off way
“How can I pay less tax?” would have to be one of the most common questions I am asked by small business owners (SMEs), especially given the current economic climate. One great way to save on pay...