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15 Jun, 20

What is MOSS? Calculating VAT when selling electronic services

Want some special guidance on how to treat VAT correctly for your automated electronic service supplying businesses? No wonder, you have landed at the right page. Here you’ll find some detailed tips from expert tax accountants Melbourne, after which you’ll gain a deep understanding of various dynamics of VAT. What’s VAT? VAT stands for Value […]

12 Jun, 20

Accountants to the rescue during COVID-19

Source: https://www.accountantsdaily.com.au/ While frontline health professionals have been saving the lives and health of Australians during the COVID-19 disruptions, accountants have been working flat out to save the businesses and livelihoods of their clients. Major Government stimulus packages such as JobKeeper and the business cash flow boost payments have been critical in keeping many businesses […]

12 Jun, 20

Lessons for the profession from the coronavirus

Source: https://www.accountingtoday.com/ While the coronavirus pandemic has accountants scrambling to safeguard their people and keep up with new client concerns and legislative updates, the crisis has also given the profession the opportunity to learn some crucial lessons that can only strengthen accountants’ roles in an uncertain future. We asked a collection of accounting’s thought leaders […]

12 Jun, 20

Small businesses fail to seek cash-flow management help

Source: https://www.mybusiness.com.au/ Less than a sixth of small and medium businesses are engaging their accountants for assistance with cash-flow management despite its importance, says a non-bank lender. According to a Scottish Pacific report, SME Growth Index, only 16.1 percent of SMEs are seeking cash-flow management advice from their accountants. Scottish Pacific chief executive, Peter Langham told […]

11 Jun, 20

MYOB has acquired payment processing provider Paycorp for $48 million

After showing interest in Paycorp, Australian Multinational Corporation, and a leading Accounting software company MYOB had announced a deal of $48million with Paycorp. Resulting in, the accounting of MYOB income for the 2016 financial year- falls in line with the official statement that the total revenue of the company was boosted by 13 % to 3704 […]

08 Jun, 20

Time To Think About EOFY Important Actions For 2020

No wonder, 2019-2020 has settled in our memories with unforgettable experiences. But with the end of this financial year, you need to review ‘what is your financial position right now.’ For instance, everyone is well-acquainted with how we are dealing with the global pandemic COVID-19 impact. Hence, there’s nothing wrong with saying that this year […]

23 May, 20

How to upskill when you’re self-isolating

Source: https://www.hays.com.au/ The ongoing COVID-19 outbreak has seen rapid and significant change sweep across the world of work, with organizations activating business continuity plans and transitioning their employees to remote working. For a large proportion of us, then, our day-to-day working lives now look very different to just a few weeks ago. Added to this […]

28 Apr, 20

Employers’ frequently asked JobKeeper questions

Source: https://www.ato.gov.au/ General Question: What’s the difference between JobKeeper and JobSeeker? Answer: The JobKeeper scheme supports businesses to retain their employees by contributing to their salary and wages and is administered by the ATO. Eligible businesses are required to register with the ATO to receive these payments for their eligible employees. JobSeeker payments are a form of […]

20 Apr, 20

ATO tax return: Tax Office reveals new working from home expenses rules

Source : https://www.news.com.au/ The tax office has announced special arrangements this year – and it affects everyone working from home due to the coronavirus crisis. The Australian Taxation Office has made a major change this year as a result of the ongoing COVID-19 pandemic. With countless Australians now working form home in a bid to […]

23 Mar, 20

Government announces a $66 billion second coronavirus stimulus: What’s available to small businesses, and how do I claim it?

Source: https://www.smartcompany.com.au/ Just 10 days after announcing its coronavirus stimulus package, the Morrison government has released a second, beefed-up and more robust version. The new $66.1 billion economic plan bolsters the measures of the first $17.6 billion pledge and is intended to help small businesses stay afloat, and keep people employed until the coronavirus-related economic downturn has […]

What is MOSS? Calculating VAT when selling electronic services

Accountants to the rescue during COVID-19

Lessons for the profession from the coronavirus

Small businesses fail to seek cash-flow management help

MYOB has acquired payment processing provider Paycorp for $48 million

Time To Think About EOFY Important Actions For 2020

How to upskill when you’re self-isolating

Employers’ frequently asked JobKeeper questions

ATO tax return: Tax Office reveals new working from home expenses rules

Government announces a $66 billion second coronavirus stimulus: What’s available to small businesses, and how do I claim it?

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