Bookkeeping Blog
Advice and tips for Australian Businesses
Virtually insource your PAYROLL, no need for an onsite Bookkeeper!
Since COVID started in 2020, the world as we know it and how we do business has become very different.
As a Bookkeeper I have spent years working with clients all around Australia, so COVID didn’t impact my business at all.
Many people who were making the long trip into work are now working from home.
With border closures, states in lockdown, second waves and the virus still spreading, why would you take the chance and have an onsite Bookkeeper?
For your own safety and that of your family, there is absolutely no need in 2020 and into the future, utilizing an onsite Bookkeeper.
Since COVID, my inquiry has increased because many businesses didn’t know about virtual bookkeeping. I have been in this business for over 20 years and 99.9% of all my clients I have looked after, I have never met in person face to face, because it’s all virtual.
Virtual is the new word of 2020.
I can email, I have Zoom meetings with my clients, I can pick up the phone and call a client or visa-versa if there are any questions, PM, DM, social media.
At the end of the day, the client is safe, I am safe, our families are safe, there is no spread of any virus, because I work virtually. All work is completed in the same manner, if I was physically onsite.
So if you are a business give me a call and give me 10 minutes of your time, because I know by the end of the conversation, you will never use an onsite Bookkeeper again.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID!!!
We are a full service, insourced Payroll and Bookkeeping business that puts money back in your pocket. Our team works like a full-time employee and part of your business when it comes to processing your Payroll and bookkeeping, but without the cost or other concerns full time employees bring. When compared to a full-time employee, we give you all the benefits and more but save you around $60,000 a year in costs, makes good financial sense!!!
Insource your Payroll & Bookkeeping Business for only $60.00 per week.
It is cost effective to utilise Maree Punzet from Maree’s Mobile Bookkeeping?
Answer: ABSOLUTELY!!!! YES!!!!
Why, you should ask?
If your charge out rate is $100.00 per hour for example and you waste an hour or more a week doing your own Bookkeeping, then why wouldn’t you call Maree to do the same for as little as $60.00 per week.
That’s a saving of $40.00, plus that hour or so you have wasted could have been better spent working on your own business and making even more money.
The $60.00 covers 0-50 transaction bracket and also included data entry, Bank Reconciliation and BAS Reconciliation and lodgement.
For an extra $35.00 a week you can also get your payroll handled as well including payroll processing, single touch payroll and super reconciliation.
So, when you add both of these amounts your looking at $95.00, your still in front by $5.00 if you charge $100.00 an hour yourself and most businesses hourly rate is much more, this is just an example only. For as little as $95.00 a week, you can get all your bookkeeping and payroll handled.
So why wouldn’t you?
It makes good financial sense!!!
Many people still have the mindset that insource, I like to call it insource, not outsource your bookkeeping is too expensive, but you can see in the example above, that you are actually coming out in front and you don’t have the headache of doing it yourself.
Maree is a qualified Bookkeeper and BAS Agent, are you? Do you know the ins/outs of bookkeeping, the legislative changes, I bet your shaking your head, no….
That’s right, because you haven’t studied Bookkeeping, you are brilliant in your trade or business in what you do. We should always let others who have the expertise and knowledge do the work, without trying to learn it ourselves. Your time is better spent working on your business.
If you want to find out more, call Maree today on 0429 363 047.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
We are a full service, insourced Payroll and Bookkeeping business that puts money back in your pocket. Our team works like a full-time employee and part of your business when it comes to processing your Payroll and bookkeeping, but without the cost or other concerns full time employees bring. When compared to a full-time employee, we give you all the benefits and more but save you around $60,000 a year in costs, makes good financial sense!!!
Will you still be eligible for JobKeeper after September 2020?
Recently the Prime Minister and the Treasurer have indicated what the JobKeeper program will look like moving forward after September 2020 through to 20th March 2021.
For those that are currently on JobKeeper, the current arrangements will be staying in place to September 25th, that’s when things are changing.
Beyond September 25th 2020 until March 20th 2021, the Government has brought out the new two tier system at a lower rate for businesses who may be eligible. The reason they are doing this as they know many businesses are doing it tough, but not to completely cut off funding, they have reduced and brought in this system, which personally I feel is extremely generous, as the Government could have stopped the payments after September 2020.
1. But who is eligible?
If you need assistance and not sure, this is where I can assist and help you.
To apply for JobKeeper 2.0 support for the quarter ending 27th December 2020, a business will need to meet the required downturn (30% or more) for both the June 2020 and September 2020 quarters.
To apply for the following quarter, ending 28th March 2021, a business will need to meet the downturn (30% or more) for each of the June 2020, September 2020 and December 2020 quarters.
2. So will the JobKeeper payments be reduced?
The answer is YES.
After September 25th 2020, the current rate of $1500.00 per employee payments will no longer apply. In the next phases there will be two tiers of payments and reductions each quarter.
The first level will be for people working 20 hours or more a week.
The payments for these employees will be reduced to $1200 per fortnight for the Dec 2020 quarter and further reduced to $1000 per fortnight for the Mar 2021 quarter
The second level will be for people working less than 20 hours a week.
The payments for these employees will be reduced to $750 per fortnight for the Dec 2020 quarter and further reduced to $650 per fortnight for the Mar 2021 quarter.
This is in line with new changes to the JobSeeker payments.
The exact details around these changes are of course still to be legislated, and as a result subject to change, but this is what we know now.
Of course, if you have any questions, please don’t hesitate to contact us.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
We are a full service, insourced Payroll and Bookkeeping business that puts money back in your pocket. Our team works like a full-time employee and part of your business when it comes to processing your Payroll and bookkeeping, but without the cost or other concerns full time employees bring. When compared to a full-time employee, we give you all the benefits and more but save you around $60,000 a year in costs, makes good financial sense!!
