The buck stops with the board or management committee. The committee is responsible for solvency of the organisation, OH&S compliance, employee obligations, financial reporting and fulfilling the stated aims of the organisation.
The modern board environment requires proper corporate governance and we can provide assistance in setting up relevant reporting structures and governance policies. We can also provide that extra support and assurance for your employee or volunteer bookkeeper, whether that is regular support or just some advice when needed on software, reporting, budgeting or accounting.
Your organisation must ensure that it complies with the various tax laws, such as FBT, GST, payroll tax and Workcover. If your organisation is fortunate to be income tax exempt, it must nevertheless meet certain requirements in order to maintain that tax exemption.
An FBT exemption or rebate may be available to your organisation which can provide significant benefits via salary packaging.
We can assist in meeting your compliance obligations and to make the most of the concessions that are available.