Episode 10: QMS & Small Business Debt

In this episode of BKPod, we’re tackling three urgent topics that every bookkeeper and BAS agent needs to have on their radar.First up, Kelvin Deer joins us to unveil ABN’s upcoming QMS Intensive. With new TPB regulations requiring all BAS agents to maintain a documented Quality Management System (QMS), Kelvin explains what this means for bookkeepers—regardless of business size. He breaks down the seven key elements of a compliant QMS, why an Operations Manual alone isn’t enough, and how ABN’s new manual and intensive program will save you time, reduce compliance stress, and even contribute to your CPE hours.Next, Peter Thorp and Kerrie Jarius dig into the ATO’s aggressive new stance on small business debt. From firmer recovery actions and warning letters to DPNs, garnishees, and wind-ups, the ATO is shifting gears post-pandemic—and bookkeepers are on the frontlines. Kerrie shares practical tips on managing tax debt, dealing with tighter payment plan rules, and educating clients on the rising cost of using the ATO as a ‘bank’, especially with GIC interest now non-deductible from 1 July 2025.Finally, Darren Haggerty gives us a quick update on a major legislative change: from 1 July 2025, super will be paid on Government-funded paid parental leave. In this edition of “Getting Technical,” Darren outlines who’s eligible, how the new super payments will be calculated, and what this means for employers and reporting.Whether you're building out your QMS, helping clients navigate ATO pressure, or staying ahead of legislative shifts, this episode is packed with must-know insights for bookkeepers. Tune in now! 🎧