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or not......... TPB chairman says you have to 29 February to renew Although the renewal submission deadline of 30 January 2012 has now passed for all those Transitional BAS Agents whose registration expires on 29 Feb 2011, the Chair of the TPB has just released a new message: http://www.tpb.gov.au/TPB/board/Messages_from_the_Chair/TPB/TheBoard/30_January_2012_Message_from_the_Chair.aspx This fundamentally requests that anyone not having yet submitted their renewal to do so please before ...

Submit your comments and feedback... http://www.business.gov.au/Newsandfeatures/2012/Jan/Pages/ReviewoftheFairWorkAct2009.aspx

 www.icb.org.au January 2012 Newsletter P: 1300 85 61 81F: 1300 85 73 93 Subscribe to the ICB's monthly newsletter   BAS Agent renewals acknowledgment email1 2012 for Bookkeepers - The Year Ahead1 ICB's 2012 National Conference - early bird bookkeeping closing soon1 Bookkeepers and the ATO view of your income (PSI laws explained)11 FBT on phones and claims expenses 1 A PDF version of this newsletter is available here   In ...

Xero would like to let you know they've just reached our next milestone. 60,000 paying businesses; 240,000 users. http://blog.xero.com/2012/01/were-growing/

MYOB AR 2011 - dont use it just yet! We continue to look forward to the Service Packs from MYOB that will fix the real concerns with their upgrade to AR2011. In the meantime we suggest that members do not upgrade to the AR2011 product. We are concerned with the system issues and the processing efficiency issues with the current release.

We have spoken to the first member who has advised us that they just received a letter stating that their application to renew, lodged in August, has been granted. So the formal success of renewals has begun. Remember - to keep being a BAS Agent after your current expiry date, according to the Law, you need to lodge your renewal 30 days prior to the expiry date. Then you can keep trading until you are told otherwise. NOTE: the letter advising of the renewal did include a line that we w...

Our apologise for the 'glitch' in communication regarding the ICB Network Meetings, this problem has now been rectified and you can view and book all network meetings here.

Compulsory contribution cut-off date The next compulsory superannuation contribution cut-off date is fast approaching; remember to make your payments using the Clearing House by 28 January 2012. Please note that as this date falls on a Saturday the Australian Taxation Office (ATO) advises that you can make your payment on the next business day, Monday 30 January 2012. For more information go to www.ato.gov.au MYOB superannuation payment system To ensure that your super contributions for the ...

Are you allowed to do superannuation work? THINGS NEED TO CHANGE There is no question that government need to amend and clarify that Superannuation Guarantee work and Superannuation Guarantee Charge work is able to be provided by BAS Agents. TODAY the law says: “advice” or “ascertaining”(provision of certainty) about liabilities, obligations or entitlements of Superannuation Guarantee & SGC…………where the client can be reasonably expec...

If you have a query or question that you would like answered, click here, you may find your query has already been asked and answered otherwise, feel free to ask away. Everything you need to know to renew your BAS Agent registration!

BASs might get to the 28th Feb but Superannuation doesn't Reminder to ensure your Superannuation Guarantee gets paid before the 28th January. Although BASs get a deferral for January, SGC doesnt

 www.icb.org.au December 2011 Newsletter P: 1300 85 61 81F: 1300 85 73 93 Subscribe to the ICB's monthly newsletter   ICB's 2012 National Conference - all the details1 MYOB AR2011 Factsheet - It has not been an easy road but it may be worth it1 Company Registration Guide1 DropBox vs SugarSync - File storage in that wonderful cloud1 Ownership of data files - Who does it really belong to? 1 How (and how not) to dump your clients - and...

Challenge test criteria for a Board approved course in basic GST/BAS taxation principles Introduction This Information Sheet (TPB(I)) has been prepared by the Tax Practitioners Board (Board) to assist approved providers to understand the criteria the Board will adopt for challenge tests to be conducted, to enable applicants for registration to meet the requirements of a Board approved course in basic GST/BAS taxation principles. In this TPB(I), you will find the following information...

The ICB Guide to the TPB process If you provide a BAS Service and bill through a company entity, then you must submit a company registration. The TPB seem to be following up every application so we suggest you provide as much information as possible up front, but note our comments below. They ask you to Supply the TFN of the company to avoid any potential delays as stated below. TRADING NAMES – a significant matter If the billing entity uses a Trading Name then it will need to be...

And so should you....... The Tax Agent, BAS Agent and Business portals will be unavailable from 6.00pm AEDT Sunday 25 December 2011 to 8.00am AEDT Tuesday 3 January 2012.

Tuesday 13 December 2011 Small business wins with Coalition Government at Christmas Minister for Innovation, Services and Small Business Louise Asher today launched a competition for small businesses across Victoria to win free business mentoring. “The All I want for Christmas is a Small Business Mentor competition gives Victorian small businesses the opportunity to win one of 10 mentoring packages from the Small Business Mentoring Service experts,” Ms Asher said. &ldquo...

The QLD State government have made a number of changes to their public holidays for 2011 and 2012. The changes affect Christmas, New Year and Queen’s Birthday public holidays. The QLD State Parliament passed new laws that allow the Queen’s Birthday public holiday to be shifted to October from next year and the addition of a special holiday to celebrate the Queen’s Diamond Jubilee in June 2012. The new laws also allow extra public holidays to be allocated when Christmas, Bo...