Nerdy Girls Bookkeeping & Administration

27/03/2023

30/05/2022

Get ready for changes to super guarantee
From 1 July 2022, two important super guarantee (SG) changes will apply to your business. These are:
1. The rate of SG is increasing from 10% to 10.5%
2. The $450 per month eligibility threshold for when SG is paid is being removed
If you need help with this or any other bookkeeping needs, please contact us 🙂

17/03/2022

From 1 July 2022, you will need to pay super to your employees who earn less than $450 per month, provided they meet other eligibility requirements…. More information coming soon from the ATO

08/12/2020

What a year it’s been! It’s time to have a break and enjoy our beautiful country. Nerdy Girls will be having a break from 19 December 2020 to 10 January 2021. Wishing you a happy Christmas and a better new year! 🇦🇺🤓🤓🇦🇺

01/11/2020

The New Tax Tables are out and applicable from 13 October 2020. Most accounting softwares will update automatically but just double check you are withholding the correct amounts for your employees!

13/08/2020

For our clients asking if the Government’s Cash Flow Boost they have been receiving is taxable income for their business....this is from the horses mouth so to speak 😄😄.....

ATO website
Accessing the Cash Flow Boosts
Tax Consequences
“You do not need to pay tax on the amount of the cash flow boost and the cash flow boost is not subject to GST because there is no supply for the payment.
The amounts do not need to be paid back when your cash flow improves. However, if you have been paid more cash flow boosts than you are entitled to you will need to repay the excess.”

15/07/2020

Remember the Payment Summary fairy won’t be visiting us this year, she has retired!
All payroll information is being sent directly to the ATO and is accessible via your MyGov account or speak to your accountant who has access to this information.