BUSINESS TLC - Financial Services

Reminder: the deadline to lodge and pay the March Business Activity Statement (BAS) is 26 May.
Busy BASing 😁

Temporary support for fuel costs.

Do fuel costs play a role in your business?

Eligible businesses can access temporary Australian Taxation Office support, including flexible payment plans and relief from interest and penalties.

Learn more: https://bit.ly/4tsKrBW

PAYG Instalments help avoid a large tax bill at EOFY.

Pay as you go (PAYG) instalments help you pay tax as you earn income.

Think of it as your tax in bite-sized pieces. Instead of paying one large lump sum at tax time, you chip away at your bill throughout the year by making smaller payments.

If you earn income outside your regular wage from investments, a job on the side or a business, you might be paying this way already.

📅 Your next PAYG instalment is due by 28 April.

Here’s what you should know:

✔ instalments are based on your latest tax return or variation

✔ you can choose to start paying PAYG instalments

✔ instalments can be updated if your income changes.

✔ it’s designed to make managing your cash flow easier.

Wishing you all a Happy Easter 2026

Monday funnies:

Why are accountants always tired after work?

Because their job is so taxing. 😉

Monday funnies:

What do you call an accountant without a spreadsheet?

Lost 😆

☆ January ☆

Welcome back to work after the break 😃

Obligations...
21st: Monthly BAS
28th: Quarterly Superannuation

Start preparing the Quarterly BAS