If the payment for your employee's superannuation is late, there are essential steps to take to avoid severe penalties. Read our newsletter to learn how you can be late even when paying on time and tips on how to prevent them.
Businesses are once again being asked to take on additional burdens. Many more businesses are being required to verify employee vaccine
status. There are significant data privacy and compliance to be aware of.
Do not store a copy of anyone's COVID-19 vaccination certificates or information on your systems locally or in the cloud.
Do not use email for sighting COVID-19 vaccination certificates. Sight it in person or via a secure video chat.
Do not use any messaging applications for sending or collecting COVID-19 vaccination certificates.
In short, do not collect or hold any copies of the certificates. Click to read more.
Twenty wonderful years - The Catherine Zenner Story
It is July 1st in the year 2000, and the then prime minister of Australia, John Howard, had successfully introduced the tax that he said he
never would – The GST.
This meant that the days of businesses bringing their shoe boxes filled with receipts, into their accountants at the end of the year, had
finished. Some businesses tried to do the work themselves, others didn’t have the time, most were simply confused.
This sparked an idea in the mind of a young mother of three. There must be a better way. Businesses need my help. Let’s start a business
where I can help businesses with their bookkeeping. And so, in July 2001, a bookkeeping business was born.
From the humble beginnings of a desk at home, Elite Bookkeeping now has grown to two offices and 13 team members. The clients continued to
pour in as word had gotten around that Elite was the place to go if you need bookkeeping help. Catherine and her team will always look after
you and your business.
Fast forward 20 years, and it’s now time for Catherine to take time for herself and Jack. Catherine, thank you for your professionalism,
support, care, friendship, mentorship and hard work over the years. We wish you well and hope you have a long and happy retirement.
Linda Gell and Shaun Sullivan with our fantastic team of remarkable bookkeepers at Elite Bookkeeping and Business Solutions continues
Catherine's legacy and business philosophy into an exciting future.
Another exciting opportunity has been created in our growing practice. We are looking for a bookkeeper with varied experience and the ability to provide our clients with exceptional service.
This is a full-time or part-time role at least 30 hours per week that requires a professional, confident, and strong attention to detail
individual. It is critical that the successful candidate takes ownership of their clients.
During this most challenging of years, we were privileged and humbled to witness so many acts of kindness and support.
We were amazed by the heroics of our emergency services and defence forces during the January bush fires.
How inspired we were by the extraordinary community spirit and support to local businesses during the Covid-19 lockdowns from both the
public and between local businesses.
#Support Local became the catchphrase to follow and was promoted at no cost by our
friends at SignTorque. We all adapted to order takeaway from our favourite venues and restaurants and loved to consume fresh produce from
our outstanding Gippsland farmers and producers.
The Elite Bookkeeping team became overnight experts in new government programs such as JobKeeper and Business Support Grants, making sure
all our clients had access to much needed financial support. We cannot thank our team enough for their fantastic work over the year.
Finally, thank you! Without our beautiful clients supporting and encouraging each other and ourselves, this year would have been unbearable.
Can we ask a small favour from you – when you have a moment spare to give us a review or testimonial on Google or Facebook. For those in
Wellington Shire https://bit.ly/3aCbANY and for those in Latrobe City https://bit.ly/3rjwib7 .
We appreciate all your feedback.
Wishing you and your loved ones a blessed and safe Festive Season and let’s welcome a prosperous 2021.
Best wishes from us all,
Catherine, Linda, Helen, Amanda, Claire, Michelle, Maria, Dannielle, Nicolle, Amelia, Vanessa & Shaun.
The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to businesses impacted
by restrictions in Victoria. We'll be in touch with all our clients to assist as we have with previous rounds. We are with you as always
The Sole Trader Support Fund has $3,000 cash grants for sole traders, however only for those who operate from commercial premises or as a tenant or licensee. We'll be in touch with our sole trader clients once the final application details are released.
Think you might owe unpaid super to past or present employees?
Time is running out for the one-time opportunity to pay the super you owe without penalty.
The amnesty closes on the 7th September 2020. It will not be extended.
Amnesty relates to Superannuation due for periods from 1992 up to March 2018 quarter and was due before 24th May 2018.
The ATO takes the issue of unpaid super very seriously, and if you don’t take action now, you could find yourself paying substantial
interest and penalties. At the minimum, you will face double the amount owed and lose the ability to tax deduct. Continued failure to pay
can result in further fines and imprisonment.
That said, the ATO is willing to look into flexible payment plans if you report by the due date. However, only payments made by 7th
September 2020 will be deductible.
We urge you to take action now.
The ATO now actively monitors employer superannuation commitments are being met. To avoid fines and penalties, make sure you meet your
obligations by the due dates.
Contact us if you require any assistance or have questions regarding the amnesty or need help with the administration of your superannuation payments.
Just a reminder Vic Business Support Fund Stream Two is available to small businesses in any sector that meet the standard eligibility
criteria and are enrolled as eligible participants in the Commonwealth Government’s JobKeeper payment scheme. Almost all businesses who are
eligible for Job Keeper should be able to access this one-off grants of $10,000. Speak with us today. #elitebookkeeping #supportlocal
Do you know a business struggling to see if they are eligible or need assistance to set up their software to get the JobKeeper payment;
Elite Bookkeeping can assist. Even sole traders who do not have employees can be eligible. However, the ATO requires businesses to do
particular tasks to receive payments, including having your payroll and accounting software set up correctly. The team at Elite Bookkeeping
has the resources, training and expertise to make this a smooth operation for any business of any size. Trust who you have always trusted. #jobkeeper#elitebookkeeping#supportlocal#traralgonbookkeeper#salebookkeeper
We are keeping up to date with Federal and State Government announcements, employment issues and cash flow planning options. We are also in
regular contact with the multiple professional bodies, financial and workplace relations consultants to stay informed about issues affecting
business like yours.