JGW Bookkeeping

15/08/2025

08/08/2025

🌟 WA Business Owners – $10,000 Funding Alert! 🌟

Did you know Premier Roger Cook has announced $10,000 in co-funded services to help WA businesses grow? 💼

✅ At JGW Bookkeeping, we’re connected with a trusted firm that knows this process inside out.
✅ No win, no fee – you only pay if you get the money!
✅ We’ll guide you through the application and maximise your chances.

⏳ Hurry – funding won’t last!
📩 DM us now or email [email protected] to get started.

💡 Let’s get your business the support it deserves!

06/08/2025

📊 Simplify Your Business Finances with JGW Bookkeeping 📚
Are you a business owner spending more time on your books than on growing your business?

At JGW Bookkeeping, we specialise in helping small to medium-sized businesses across Australia take control of their finances — with accurate reporting, BAS lodgements, payroll, cashflow forecasting, and more.

✅ Xero Experts
✅ BAS Agent Services
✅ Reliable, Experienced & Transparent
✅ Perth-Based | Australia-Wide

Let us take the stress out of your numbers, so you can focus on what you do best.

📞 Book a free discovery call today: 0451 989 731
🌐 Visit us: www.jgwbookkeeping.com

📍 Based in Alkimos | Supporting businesses nationwide

Accounts Payable and Receivable are essential components of bookkeeping. Accounts Payable is money owed to vendors, suppliers and other creditors. Accounts Receivable is money owed to the business from customers, clients and other debtors. Proper bookkeeping of these accounts ensures that the compan...

15/07/2025

TAX due dates for July 2025 in Western Australia (and Australia‑wide):

⸻

📅 July 2025 – Tax Deadlines

1 July
• Start of new financial year (FY 2025–26).
• Super Guarantee (SG) rate increases to 12%—ensure payroll systems reflect this .

7 July
• Employee Share Scheme (ESS) statements due to employees for FY 2024–25 .

14 July
• Single Touch Payroll (STP) finalisation deadline – complete the end‑of‑year STP declaration .
• PAYG Withholding Payment Summaries must be provided (for any employees not reported via STP) .

21 July
• June BAS/IAS due if lodged monthly – lodge and pay June monthly BAS or IAS .
• June payroll tax annual reconciliation due in WA .

28 July
• Quarter 4 (Apr–Jun) BAS/IAS due for quarterly lodgers – lodge and pay .
• Super Guarantee contributions for Q4 (Apr–Jun) must be paid into employee funds by this date .
• TFN report for closely-held trusts quoting TFNs in Apr–Jun quarter due .

⸻

🔄 Summary Table

Date Requirement
1 Jul FY begins & SG rate rises to 12%
7 Jul ESS statements FY24–25
14 Jul STP finalisation; PAYG summaries (non-STP)
21 Jul Monthly June BAS/IAS; WA payroll tax reconciliation
28 Jul Q4 BAS/IAS; Q4 SG payment; TFN report for trusts

(If due date falls on a weekend/public holiday, lodgment/payment may go to next business day without penalty.)  

⸻

⚠️ Important Update

From July 1, 2025, interest on tax debts charged by the ATO (approx. 11.17% pa) is no longer tax-deductible. This change can significantly increase the cost of carrying overdue tax debts, so businesses are strongly advised to pay on time or seek financial advice immediately ().

⸻

💡 Tips for July
• Update payroll software to reflect the SG increase to 12%.
• Finalise STP early to allow time for corrections.
• Schedule payments in advance, especially for BAS and superannuation, to avoid processing delays.
• Reconcile and lodge monthly BAS early if you’re a monthly lodger.
• Prepare trusts’ TFN data, if applicable

05/06/2025

📱💼 Work + Personal = Split Your Claim!

Do you use your own phone (or any other personal item) for business? The ATO lets you claim only the work‑related portion — and that means doing a quick “percentage check.”

How to apportion an expense in 3 easy steps:
1️⃣ Track one representative month (spreadsheet or phone bill).
2️⃣ Work out the % that’s work‑related.
3️⃣ Apply that % to the whole year’s cost.

Example: 120 calls in April → 72 are business → 72 ÷ 120 = 60 %.
You can claim 60 % of your annual phone bill.

⚠️ Heads‑up: If you claim the ATO fixed‑rate WFH method (67 ¢/hr), your phone & internet are already included. No double‑dipping!

Need help nailing your deductions or keeping clean records?
📩 DM JGW Bookkeeping or visit jgwbookkeeping.com — we’ll make tax time easy.

Accounts Payable and Receivable are essential components of bookkeeping. Accounts Payable is money owed to vendors, suppliers and other creditors. Accounts Receivable is money owed to the business from customers, clients and other debtors. Proper bookkeeping of these accounts ensures that the compan...

23/05/2025

📅 EOFY Bookkeeping Hacks Every Business Owner Should Know! 💼✅
with JGW Bookkeeping

As we wrap up the financial year, it’s time to get those numbers in order and make sure you’re not leaving any money on the table! Here are some EOFY bookkeeping tricks to help you finish strong:

🔍 1. Reconcile EVERYTHING
Match up your bank statements, invoices, and receipts. Accuracy now saves headaches (and penalties) later!

🧾 2. Prepay Expenses Where Possible
Eligible to claim deductions? Prepay rent, utilities, or insurance and reduce your taxable income.

📦 3. Write Off Bad Debts
Have unpaid invoices you know won’t be collected? Write them off before June 30.

💻 4. Update Your Asset Register
Outdated or unused assets? Review and write them off — you may be eligible for instant asset write-offs.

🧮 5. Review Payroll and Super
Double-check that all wages and super payments are up-to-date and correctly reported — especially before STP finalisation.

📁 6. Digitise & Store Your Records
Make EOFY 2025 easier — go paperless with clean, cloud-based records.

Need help tidying up your books or preparing for tax time?
📞 Call Jack at JGW Bookkeeping – your numbers are in good hands!
🌐 www.jgwbookkeeping.com
📧 [email protected]
📍 Perth-based, Australia-wide service!

DISCLAIMER: This is general information and not personal accounting advice. For tailored bookkeeping support, please contact us directly. JGW Bookkeeping is not a registered tax agent. Always consult a tax advisor for tax-specific matters.

Accounts Payable and Receivable are essential components of bookkeeping. Accounts Payable is money owed to vendors, suppliers and other creditors. Accounts Receivable is money owed to the business from customers, clients and other debtors. Proper bookkeeping of these accounts ensures that the compan...

22/05/2025

📊✨ Tired of bookkeeping stress? Let JGW Bookkeeping take care of it for you! ✨📊

Unlike big firms, JGW Bookkeeping offers a personal, step-by-step approach. With over 16 years of hands-on accounting experience, you're not just getting a bookkeeper — you're getting a business partner who genuinely cares about your success. 💼

From setting up your systems to scaling your operations for profit, we’re here to support you at every stage of your journey.

✅ BAS & GST Lodgements
✅ Payroll & Super Processing
✅ Bank Reconciliations
✅ Xero, MYOB, & QuickBooks Support
✅ Cashflow Forecasting
✅ Cleanup & Catch-up Jobs

🔒 Registered BAS Agent | 📍 Based in Alkimos, WA | 💼 16+ Years Industry Experience

📞 Let’s have a quick chat to see how we can help — no obligation!
📧 [email protected]
🌐 www.jgwbookkeeping.com

💬 DM us today or tag someone who needs a reliable bookkeeper!

Accounts Payable and Receivable are essential components of bookkeeping. Accounts Payable is money owed to vendors, suppliers and other creditors. Accounts Receivable is money owed to the business from customers, clients and other debtors. Proper bookkeeping of these accounts ensures that the compan...

28/10/2024

**📅 November Payment Reminder from JGW Bookkeeping 📅**

Friendly reminder to ensure your November payments are submitted on time to keep everything running smoothly! 💼✨

October PAYG lodgement & payment 21/11/2024
Q1 2024-2025 GST lodgement by BAS Agent 25/11/2024

If you need any assistance with processing or have questions about your accounts, feel free to reach out. Let’s stay on top of it together!

📞 Contact us anytime or DM.

Send a message to learn more

24/07/2024

📢 **JGW Bookkeeping - Your Business Partner from Start to Success!** 📢

Are you ready to take the leap from a sole trader to a company? At JGW Bookkeeping, we’re here to assist you every step of the way! 🚀

From setting up your ABN to operating under a business name, we provide all the essential information and support you need to thrive. Whether you're just starting out or looking to expand, we’ve got you covered with comprehensive services tailored to your needs.

Send us a DM for pricing and let's make your business dreams a reality! 💼✨

25/06/2024

🚨 Tax Season Alert! 🚨

Maximize your savings and minimize your stress with JGW Bookkeeping! 💼📊

🔍 Did you know there are countless ways to save on your taxes that you might be missing out on? Our expert team can help you uncover every deduction and credit you’re entitled to, ensuring you keep more of your hard-earned money. 💸

📅 Don’t wait until the last minute! Start planning your tax-saving strategy NOW and see the difference it can make for your finances.

💡 Whether you’re a small business owner or an individual looking to optimize your tax return, we’ve got you covered with personalized, professional advice from a bookkeeping perspective. (Please note, we are not tax accountants.)

🌐 Visit www.jgwbookkeeping.com or call 0451989731 to schedule a consultation today. Let’s make tax season a breeze together!

18/06/2024

📅 EOFY Checklist: Ensure Everything is Ticked Off! ✅

As the End of Financial Year approaches, it's crucial to make sure your business is fully prepared. Here’s a comprehensive general guide to help you wrap up your financial year smoothly. Take your time and ensure everything is checked off!

1. Review Financial Statements 📈
Profit and Loss Statement: Assess your revenue, expenses, and net profit.
Balance Sheet: Ensure assets, liabilities, and equity are accurately recorded.
Cash Flow Statement: Verify your cash inflows and outflows.
2. Reconcile Accounts 🧾
Bank Reconciliation: Match your bank statements with your accounting records.
Credit Card Reconciliation: Ensure all credit card transactions are accounted for.
Supplier and Customer Accounts: Verify balances and outstanding invoices.
3. Inventory Management 🏷️
Stocktake: Conduct a physical count of your inventory.
Adjust Records: Update your inventory records to reflect actual stock levels.
Write Off Obsolete Stock: Identify and write off any obsolete or damaged stock.
4. Review Debtors and Creditors 💳
Outstanding Invoices: Follow up on any unpaid invoices from customers.
Accounts Payable: Ensure all supplier bills are paid and recorded.
5. Asset Register Update 🏢
Asset Depreciation: Calculate and record depreciation for all fixed assets.
Asset Disposal: Remove any sold or disposed assets from your records.
6. Tax Obligations 📑
GST/BAS Lodgment: Prepare and lodge your Business Activity Statement.
Superannuation Payments: Ensure all super contributions are paid.
PAYG Withholding: Review and lodge PAYG withholding statements.
7. Review Payroll 💼
Employee Records: Update employee details and ensure all records are accurate.
EOFY Payroll Reporting: Prepare and submit your EOFY payroll report to the ATO.
Finalise STP: Ensure Single Touch Payroll (STP) reporting is up-to-date.
8. Tax Planning and Deductions 💰
Deductions: Review all possible deductions and expenses.
Tax Planning: Consult with your accountant for tax-saving strategies.
9. Financial Planning and Budgeting 📊
Budget Review: Compare your budget against actual performance.
Forecasting: Prepare financial forecasts for the upcoming year.
Set Goals: Establish financial goals for the new financial year.
10. Consult with Your Accountant 📞
Professional Advice: Schedule a meeting with your accountant for tailored advice.
Tax Return Preparation: Start preparing your documents for your tax return.
🔔 Remember: This is a general guide only. Always consult with a qualified accountant or financial advisor to ensure compliance with the latest regulations and to receive personalized advice.

🔄 Share this checklist with your network to help others prepare for EOFY!

Call now to connect with business.

07/06/2024

📅 Stay on Top of Your ATO Deadlines with JGW Bookkeeping! 📅

Managing your business finances can be overwhelming, especially with key ATO dates approaching. Let JGW Bookkeeping help you stay compliant and stress-free!

Key Upcoming ATO Dates:

Monthly BAS: Due 21st of each month
Quarterly BAS:
Q4 (Apr-Jun): Due 28th Jul

Superannuation Contributions:

Q4 (Apr-Jun): Due 28th Jul

Income Tax Returns:
Individuals & Trusts: Due 31st Oct
Companies & Super Funds: Due 28th Feb (if using a tax agent)

Don't let deadlines catch you off guard. Our expert team at JGW Bookkeeping is here to handle your BAS, superannuation, PAYG, and more, ensuring you meet all ATO requirements on time.

💼 Contact us today to see how we can streamline your bookkeeping and let you focus on growing your business!