Industry & Technology
All Posts
An article published by Accountants Daily highlights that SMEs have a positive outlook on the economy for next year, which will translate to higher demand for accountants’ advisory services. The key points covered by the article are: Small business sector is feeling more optimistic and more positive going into 2017 bodes well for accountants, because while […]
Read MoreAccording to an article published by accountantsdaily, The rise of cloud technology will be the force that kills hourly pricing in the accounting industry. Accounting firms should be focused on a few key things: Value: what is the value received by your client/customer? Costs: are your costs fixed/variable and when do they fall due? Invoicing/payments: how […]
Read More
The Government has deferred the introduction of the so-called “backpacker tax” to 1 January 2017 pending a review of issues surrounding working holiday makers in Australia. The Assistant Treasurer announced on 17 May 2016 that the Government will undertake a review of the broad range of issues affecting the supply and taxation of working holiday maker 417 and 462 visas. To […]
Read MoreThe ATO has been working with small businesses, tax professionals, industry associations and software providers on ways to deliver a simpler BAS to make GST record keeping easier and less costly. To achieve this, several GST labels will be removed from the BAS with small businesses only required to report: GST on sales (1A) GST […]
Read More
This is article is by Stephen Clifton providing short, sharp commentaries and education on financial matters. No more than 195 words, less than a minute read! ————- Small business tax related aspects of the 2016 budget and other current tax breaks Here’s my short 195 word comments on just a few of the personal and […]
Read More
We are constantly amazed that most small businesses have little knowledge of the Personal Property Securities Register (also known as PPSR). These laws can potentially change the way the business operates! Particularly if you: Sell goods on retention of title terms? Hire, rent or lease out goods? Buy or sell valuable second-hand goods or assets […]
Read More