First Class Accounts - Kiama

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First Class Accounts - Kiama

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Give us your books and we will give you back your life.

Run by Mark Londal, First Class Accounts - Kiama is the accredited, trusted and professional, local bookkeeping for local business.

15/10/2026

Some people get to BAS time and barely notice it.

Their books are already up to date.

The bank was matched off back in July, August and September, when it actually happened. Lodging takes half an hour and then they get on with the job.

That’s not luck. That’s what you get when the books are done every month instead of all at once in October.

📩 Want your next quarter to look like that? Send me a message.

14/10/2026

Six things worth checking before your BAS goes in:

1️⃣ Every bank account matched off against the statement, not just the main one
2️⃣ Your software is adding GST to the right things
3️⃣ You’re not claiming GST back on things that never had it
4️⃣ The weekly shop and the kids’ footy fees are out of the business account
5️⃣ ABNs on file for everyone you’ve paid
6️⃣ Every number comes off a receipt or a statement, not out of your head

Skip one and you usually won’t hear about it until the ATO does.

📩 Rather someone else ran that check? Send me a message.

13/10/2026

Your July to September BAS is due on one of three dates. Which one depends on how you lodge it 👇🏻

1️⃣ 28 October, if you post it in
2️⃣ 11 November, if you do it yourself online
3️⃣ 25 November, if a registered BAS or tax agent does it for you

Not sure which is yours? Work to 28 October. You can’t claim the later dates after the fact.

Lodge monthly instead? Your September one is due 21 October.

📩 Want a registered agent lodging yours next quarter? Send me a message.

11/10/2026

Three things about a supplier decide whether your BAS is easy or painful:

📂 Their ABN
💳 Their bank details
📊 What they actually sold you

Get one wrong and you won’t find out that week. You will find out at BAS time, when a GST claim doesn’t stack up or a payment has gone somewhere it shouldn’t have.

I keep this stuff current month to month, so quarter end is a print out, not a treasure hunt.

📩 Send me a message about getting your supplier records sorted. Your first consultation is free.

09/10/2026

Not every job needs 47% held back.

The ATO lists a few exceptions. These are the ones you’re most likely to hit:

1️⃣ The whole invoice is $75 or less
2️⃣ It’s a private or household job, not a business one
3️⃣ It’s someone’s hobby, not their business
4️⃣ They’re under 18 and you pay them $350 a week or less
5️⃣ They’re a charity or similar and don’t pay tax
6️⃣ They came through an agent who gave you an ABN

Anything else, and the 47% applies.

📩 Got one you can’t place? Send me a message.

08/10/2026

Ever paid a tradie or supplier who couldn’t give you an ABN? 😬

If that invoice was more than $75, you were supposed to hold back 47% of it and send that straight to the ATO.

Not most of it. Not later. 47%, on the day you paid.

And it doesn’t stop there. You also have to report it to the ATO in a separate return, due 31 October.

The catch? Your accounting software won’t flag any of this. It usually turns up months later when someone is doing the BAS.

📩 Paid someone without an ABN this year? Send me a message.

01/10/2026

October starts today, and your Q1 BAS is due on one of three dates: 28 October, 11 November or 25 November.

Which one depends on how you lodge. Through a registered BAS agent it is the latest of the three, but the agent has to be engaged before they can lodge for you.

If you would rather have 25 November than a scramble in October, now is when that gets decided.

Message me and we will sort it before the quarter closes.

29/09/2026

Paying a spouse, a child or another family member through payroll? They are a closely held payee, and they have their own reporting deadline.

If you have both closely held payees and regular employees, the STP end of year finalisation for those payees is due 30 September.

It is one of the least known obligations in the calendar, and it applies to a lot of family run businesses without them realising.

Not sure whether it applies to you? Message me and I will tell you in five minutes.

27/09/2026

The July to September quarter closes on Wednesday.

Two things land on 30 September:

The quarter your next BAS covers ends
STP end of year finalisation is due for closely held payees, which means anyone paying family members through payroll

After Wednesday, the figures are what they are. Anything not recorded by then gets fixed the hard way.

Message me if you want it clean before it closes.

24/09/2026

Looking for a local bookkeeper in your area?

I offer bookkeeping support for small businesses, including:

Bookkeeping
Payroll and super
Reporting
Software setup and support

Your first consultation with me is free.

Message me to book yours.

Address

Kiama, NSW

Telephone

+61406945766

Website

https://www.firstclassaccounts.com/kiama

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