Read the Case Scenario: Policy and Procedures for Gold Service Dry Cleaning

Referring to the Tax Agent Services Act 2009 (TASA), Tax Practitioners Board, and allowable services you can provide as a registered BAS agent, answer the following:

I.You are employed as a registered BAS agent by Gold Service Dry Cleaning. Identify any services (if any) that are outside the scope of payroll services you can provide as a registered BAS agent.

II.If there are any services you cannot provide what would be your course of action?

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Case Scenario: Policy and Procedures for Gold Service Dry Cleaning

Gold Service Dry Cleaning has a payroll of 20 employees and uses a registered BAS agent/bookkeeper (you) for processing its payroll using their accounting system.

Payroll Procedures

All employees are paid fortnightly on Thursday by direct credit to their bank accounts based on the timesheets completed or a standard fortnightly salary.

Employee timesheets to be submitted by 12pm Monday for the previous fortnight

Timesheets are forwarded to factory shift supervisor for authorisation

The factory shift supervisor authorises the timesheets by 4pm Monday before forwarding to you.

You process the payroll by 1.00pm on Wednesday.

You prepar an employee summary report after the payroll is processed for review by the business owner, prior to payment.

Electronic payment is approved by the owner for payment on Thursday.

Any errors, concerns and discrepancies are referred to the business owner for resolution.

Any changes in pay, annual leave, sick leave and other leave entitlements are authorised by the business owner for processing by the bookkeeper and copies retained in the employee files.

All new employees are required to complete TFN declaration and provide details such as bank accounts, deductions and superannuation fund to the bookkeeper for recording purposes.

All employee information is retained by the business owner in the office in a locked filing cabinet.

Bookkeeper's Duties

The owner expects you to take care of any regular payroll activities such provision of payslips and Single Touch Payroll, pay enquiries, preparing payments to ATO, any other pay obligations and forwarding any required information to ATO.

Additional Duties

The owner of the business has asked you to conduct a short in-house session for staff about allowable tax deductions to assist employees when preparing their income tax return. Also, you are requested to answer any questions regarding salary packaging & salary sacrifice, particularly how it affects superannuation contributions, and income tax.