{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"BK Pod","title":"Episode 7: Quality Management Systems & Payday Super","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/2ebbe7c1\"></iframe>","width":"100%","height":180,"duration":2717,"description":"The BK Pod - Episode 7: Navigating QMS, Payday Super, and Novated Lease Challenges\n\nEpisode Summary\nIn this episode of The BK Pod, Kellie Powell and her guests tackle critical updates and challenges for bookkeepers as the year winds down. From the latest on the Tax Practitioners Board (TPB) Code of Conduct changes to the implications of Payday Super, this episode is packed with actionable insights. Special segments also delve into accounting for fully serviced novated leases, ensuring listeners leave with the tools and knowledge they need for the year ahead.\nTPB Code of Conduct Changes (with Kelvin Deer)\nKelvin Deer, Director of ABN and ABA, provides an in-depth look at changes to the TPB Code of Conduct, effective July 1, 2025.\nCompetency: The importance of maintaining knowledge, proper record-keeping, and preparing for minor adjustments.\nQuality Management Systems (QMS): Tailoring QMS practices to the size and scope of your business.\nKey Assurance: BAS agents have ample time to prepare, with ABN ready to provide tools and templates.\nPayday Super Update (with Peter Thorp & Kerrie Jarius)\nPeter and Kerrie break down the government's upcoming Payday Super initiative, slated for a 2026 rollout.\nChallenges:Replacement of the Small Business Clearing House.\nSeven-day payment obligations and compliance monitoring.\nCash flow and administrative strain on small businesses.\nSilver Linings: Improved super compliance, enhanced employee benefits, and new opportunities for bookkeepers to offer premium payroll services.\nAccounting for Novated Leases (with Darren Hagarty)\nDarren explores the complexities of fully serviced novated leases, offering a preview of the latest Bookkeepers Knowledge Base publication.\nOverview: Benefits for employers and employees and key steps in managing novated leases.\nDetailed Guidance: Step-by-step framework covering payroll deductions, GST, FBT, BAS implications, and adjustments.\nCase Study: Practical examples to simplify the accounting process....","thumbnail_url":"https://img.transistorcdn.com/5jvdB-te3vmX_Oth0tdqjulDCpoYnKbpNZrcDUKC2FQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xNzY2/MzYyNGUyMDQ2NTQz/NzA0OTdmNTJiZmQ3/MGFkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}