Latest Accounting and Financial News

Latest Articles

• Strategies to handle scam phone calls and problem e-mails.
• Instant asset write-off threshold upped to $25k
  The government has increased the threshold for the instant asset write-off to $25,000 as it looks to entice the small business sector ahead of a federal election.
• Jail time for GST fraud
  Warning:  Very ecent cases where GST fraud have landed business people in jail.
• Correcting GST Errors
• Fuel tax credit rates raised
  The ATO have raised the fuel tax credit rates following an update of the December quarter consumer price index.
• ATO set to contact clients for overdue TPAR
  The Tax Office will begin contacting clients in the building and construction industry about their overdue taxable payments annual reports.
• Reminder on Victoria Property Duties
• How Australia is performing.
• Global outlook summary: Down but not out
  Down but not out As the global economy enters its tenth year of expansion following the global financial crisis, concerns are growing that a recession may be imminent.
• Bookkeepers remind on incoming TPRS obligations
  With the taxable payments reporting system now set to cover five different industries, in-house and external bookkeepers have been urged to start ensuring business clients start keeping records of contractor payments.
• Golden Rules for Deductions
• How's Australia going - vital statistics?
• Tax, SMEs set to be ‘political football’ in 2019 as election nears
  Small and medium businesses are set for a busy year of tax promises as political parties look to sway voters ahead of a Federal Election, says one mid-tier.
• Cap lifted on popular financing option for clients
  APRA will remove its cap on interest-only loans from next year, a move which is set to open more financing options for clients in 2019.