Job keeper Payments 2.0 has now passed parliament.
JKP 2.0 sees quite a few changes to eligibility timing, employee hours and payment amounts. It does require re-testing and re-enrolment.
If you are one of the smart cookies and have already partnered with a BAS agent in your business, they will have already started working behind the scenes, preparing for the implementation by reading through the pages of new legislation, preliminary testing, preparing new authorisations etc.
PLEASE, PLEASE remember to be kind to your BAS Agent!
They take on the heavy responsibility of supporting not just YOUR business, but their OWN business and ALL their clients businesses, to succeed, with not much in return. The ATO rely heavily on BAS Agents & Tax Agent in our industry to share & implement their new legislation's to the wider Business Community.
BAS Agents often provide not just detailed financial business support and management to small business owners, but payroll, employee super, strategic & emotional support to their clients. Working with them closely and in most cases more frequently than their accountant. They usually know your business accounts better than you may yourself, so play an important role as advisors.
ALL business owners during this time are tired, stressed and worried! Those supporting more than one business feel this pressure ten fold!
We as BAS Agents are able to support all of our clients successfully because we have the experience and expertise We have our peer and professional associations support and we have finely tuned systems and processes in place. We not only see the big picture, but all the details that lead you to the big pictures end result!
However, we are constantly supporting business owners who do not have the level of experience, who have not invested time or money in sufficient efficient workable systems and processes, who ignore our advice.
You receive the high standard of service from your BAS Agent that large corporations usually receive from a whole financial team....
Quite often our time is heavily discounted or not charged at all, and undervalued. We cop the brunt of your dissatisfaction with government and your heavy business compliance. But because we are passionate about supporting business owners to thrive and improve our Australian economy, we continue to support YOU to succeed despite our own business costs and licences continuing to increase!
We remain constant and dependable and move forward to create the calm, readable and actionable data from the chaos. This is what enables you to make informed decisions, stay compliant, access stimulus packages quickly and readily and be tax ready for your Accountant/Tax agent!
Buckle up, and get ready for the next JKP ride folks, and above all else, please be kind!
