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12. Indepth: Hell Week
From The Trenches
English - April 21, 2020 23:22 - 34 minutes - 32 MBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Here's the breath of fresh air you need. A Classiv Paul Vs David - Is this Hell Week?
Paul Meissner - YES!
Get everyone in there with a grey definition of income for the turnover test
Multiple stages to this, register, enrol, meet wage condition (payroll STP), employee details, monthly reporting
Become clients Payroll officer is not something accountants want
High stakes, high risk
Cost of missing out is huge for a client
Scheme penalties are intimidating
Doing it for clients, vs clients doing it themselves. Us doing it is an hour on the phone, going alone leads to 10-15 phone calls about logins, business details, etc, will they pay.
David Boyar - No!
COMPLIANCE LIVES
It's just a process that will have a best practice my mid week
ATO has made engagement easy (if the bandwidth holds up)
Clients have had the emotional detox and are now working out what's next, easier to work with
Prediction: Fake Stress
You must charge, there is no point working for a month, under high risk. If there is risk there must be return
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