12. Indepth: Hell Week

Published: April 21, 2020, 11:22 p.m.

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Here\'s the breath of fresh air you need. A Classiv Paul Vs David - Is this Hell Week?

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Paul Meissner - YES!

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  • Get everyone in there with a grey definition of income for the turnover test
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  • Multiple stages to this, register, enrol, meet wage condition (payroll STP), employee details, monthly reporting
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  • Become clients Payroll officer is not something accountants want
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  • High stakes, high risk
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  • Cost of missing out is huge for a client
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  • Scheme penalties are intimidating
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  • 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.
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David Boyar - No! 

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  • COMPLIANCE LIVES 
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  • It\'s just a process that will have a best practice my mid week
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  • ATO has made engagement easy (if the bandwidth holds up)
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  • Clients have had the emotional detox and are now working out what\'s next, easier to work with
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  • Prediction: Fake Stress
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  • 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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