Re: [SLUG] Contracting stuff: wrap it into a company or PAYE through agency?

[Michael (Micksa) Slade]

Jacinta Richardson wrote: Rev Simon Rumble wrote: This one time, at band camp, Jacinta Richardson wrote: For what it's worth we probably spend about 3 hours a month (maximum) entering invoices and receipts into our accounting package, about 2 minutes a quarter doing our BAS and maybe 1 hour a year doing the tax return. That sounds doable. What accounting package, if you don't mind? We use gnucash, but SQL Ledger ( http://www.sql-ledger.org/ ) has been getting press. We were toying with the idea of moving over, but we haven't yet. So you're running a Pty Ltd company on gnucash.  Cool, I was wondering if it could handle it. But how much work did it take to get it to cooperate?  I imagine the basics are there (you still have the same basic types of accounts, no matter what you're doing), but how much of the work does it do for you?  Like, can it calculate employee witholding? Company tax? CGT? etc. Mick.

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