Hotel Management and Consulting: Domestic Overnight Travel Performs well in 2019, Should Motels Use Online Booking Services?

Domestic overnight travel continues to perform well in Australia with about $74.5 billion spent during the year ending March 2019. The number of domestic overnight trips has increased to 109 million with a total of 386 million nights spent while travelling around the country. However, the average duration of a domestic overnight trip has slightly …

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Restaurant Bookkeeping: Retail and Hospitality Businesses Welcome Sunday Penalty Rate Cuts

Australia’s economy is slowing down partly because of stagnant wages growth. However, according to small business owners, workers are not the only ones who are struggling – they also have their struggles. Thus, retail and hospitality business owners are welcoming Sunday penalty rate cuts. Retail businesses are competing with online stores and they would need these …

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Sky Update – August 2019

By Sky Accountants

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.   ATO continuing to focus on the Black Economy The ATO is continuing to ramp up its focus on the “Black Economy” which it estimates is costing the Government as much as $50b. …

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Should You Start or Buy a Microhotel? Accountants Sunbury Ballarat Weigh In

Microhotels appeal to the younger generation, business travelers and even senior citizens. Hotel developers are more than happy to pack in more rooms than your typical hotel. The rates are less than traditional hotel rates but the number of customers makes microhotels attractive to hotel operators. Microhotels are inspired by the Japanese capsule known in the …

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Client Focus: Business Accounting for UV Wraps

Accountants are the first people businesses call when they want to grow, sell or downsize. They are a constant source of support and advice. Sky Accountants have played a pivotal role in the growth of UV Wraps, a manufacturer of flexible and stylish safety sunglasses. They were able to provide advice on how their client can …

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Restaurant Bookkeepers: PM to Cut Government Red Tape to Encourage Investments

The Prime Minister has pledged to cut government red tape to encourage investments and open opportunities to industrial relations reform. The government’s plans to overhaul the vocational training system will particularly interest restaurants, cafés and catering companies because like businesses in other industry sectors, they are struggling with skill shortages – a problem which was …

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Payroll Solutions: How to Prevent Time Theft

Time theft occurs when an employer pays an employee for time that they weren’t actually at work. Time theft is on the rise because of today’s increasing mobile workforce and it’s costing employers billions of dollars in lost productivity yearly. When does time theft occur? It is common for employees to round down their minutes …

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Hospitality Bookkeeping: How to Address Underpayment in the Hospitality Industry

Wages in the hospitality industry has become a national issue due to the underpayment of staff at many Australian restaurants and cafés, according to hospitality bookkeeping and accounting firms. Some think charging offenders with fines are letting them off too lightly. The government is now considering criminalising wage theft. Restaurant and café owners say that some breaches …

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Sky Update – July 2019

By Sky Accountants

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest.   Low & Middle Income  Tax Offset (LMITO) Now Law On the 4th of July, the legislation to give effect to the previously announced LMITO was passed just in time for tax time …

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Bookkeeping Firm: New Incentives for Employers and Apprentices Take Effect

Several new incentive payments for employers and apprentices, which were announced in the Budget during the federal election campaign, take effect this month. Talk to your accounting and bookkeeping firm to find out how you can take advantage of this. The Government is creating additional apprenticeship incentive payments to boost the existing incentives for areas of identified …

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