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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Hospitality Accounting: Council fees for restaurants, cafes and small businesses to be cut by 50 per cent

By Sky Accountants

Council fees for restaurants and cafes will be reduced in Brisbane as part of Mayor Adrian Schrinner’s efforts to support small businesses in the suburbs and it’s time to review your hospitality accounting. According to reports, footpath dining permit fees for new businesses will be slashed by 50 per cent as soon as council reveals …

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Sky Update – April 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.   Federal Election Called On the 11th of April the Federal Election was called for Saturday the 18th of May 2019. A consequence of the election being called is that the House of …

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Sky Update – March 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.   Register your R & D now The R & D Tax Incentive provides a tax benefit to companies to offset the cost of carrying out eligible R & D activities.  The objective …

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Find out if you are Fair Work compliant to avoid hefty fines

By Sky Accountants

More than 15% of Australian employees are paid based on a modern award but plenty of employers are still non-compliant mainly because awards are complex and interpretations are not always straight forward. Because of this, the new Fair Work Amendment law was introduced to place financial penalties on businesses that breach their obligations to their …

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Sky Update – February 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. Increasing the Instant Asset Write-Off A Bill to increase the instant asset write-off from $20,000 to $25,000 and extend it 12 months to 30 June 2020 has been introduced into Parliament. When the …

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