Hi There,

Another month gone. Where is the year going?

We have a lot of exciting new things coming, and, if I'm honest, some boring but necessary ones too.

You might be able to tell the newsletter has been refreshed. 

We are launching a podcast. The first episode is recorded and will be out soon.

We have also built an intranet so that everything you need is in one place.

Check out the intranet here.

Lets get into it!

Internal Processes

We are Changing The Way You Invoice Your Clients

From 1 March, we are tweaking the process of invoicing your clients. You will now need to use the recommended pricing and show the discount for each service. It will be checked in the workpapers

• Use the Items in Xero (the same as the recommended pricing).
• After each item, add the discount a seperate line, if any.
• Do not add new items - send us a request.

I would  love to hear your feedback on this.

Training and Learning

Xero Workpapers Have Been Updated

We have changed the workpaper A1 to Client check list. It now contains all the client info, including onboarding, lodgement and job details.

• Signed Returns are now uploaded here
• Please ensure you are adding your timesheet to the job
• Complete job when return is finalised

Tax Updates

Is Your Client Selling Their House? Don’t Forget Thier Clearance Certificate!

Selling property in Australia? From 1 January 2025, new rules for Clearance Certificates will impact buyers and sellers alike. Key changes include a 15% withholding tax and the removal of the $750,000 threshold, meaning all property transactions must comply.

Learn what this means for you, how to stay compliant, and avoid costly surprises.

👉 Read our guide to the new rules here

Reminders

Reminders

There are few things we need to get up to date on. If you need help, book a time to chat!

• Webinar next week - going through the processs updates
• BAS's Due 28th Febraury - get in early
• Late lodgements - ensuring we are lodging by the extension date
• Overdue client invoice- lets get these in!

Wrapping Up

Thanks for reading!

There was a lot to cover. And there is more to come.

We are continually improving our processes, systems and our quality control. This makes your life easier and is ensuring that we comply with the TPB and TASA.

If you have any questions or concerns, please reach out!

Have a great day!

Cheers,

Daniel