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Accounting

03 Aug, 20

How to handle tax stress in the COVID-19 time?

2020 was the year that every business of the world had planned for expansion, profitability, and stability. However, it gifted anxiety, fear, and challenges to individuals as well as to business houses. With Covid-19 overshadowing lives, jobs, businesses, etc., it would probably be marked as the worst year for centuries. At the individual level, safeguarding […]
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03 Aug, 20

Accountants and Bookkeepers Essential for Stage 4 Lockdown

Amidst the Corona Virus outbreak and early lockdown phase, only necessary services were allowed. But now gradually, more services are being added to the essential service slot to confirm the smooth functioning of the economy. The Victorian Premiere is now requested to include accountants and bookkeepers as necessary services post stage-four lockdown restrictions. All nine […]
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03 Aug, 20

How COVID-19 has impacted the young CAs, and how can they take advantage of this current time?

The Novel Corona Virus has changed the working style across the globe, with the world going virtual. What seemed unrealistic earlier has now become an integral part of our life with the spread of COVID-19. Across the world, with some limitations and a bunch of advantages, every business and every profession is learning to overcome […]
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31 Jul, 20

The government extends the time for early access to super due to the pandemic.

Superannuation refers to a special provision made by the Australian government to motivate people living in Australia to save funds for their post-retirement phase. It can be referred to as a pension plan or a type of employment funded pension, which is partly mandatory in Australia and enjoys tax benefits. Australia, too, hasn’t been unaffected […]
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31 Jul, 20

Accounting profession latest JobKeeper 2.0 Regulations

The Government of Australia declared six-month extension to its Job Keeper Program whose expiry was scheduled on 27 September. JobKeeper 2.0 will experience diverse payment rates, and likewise, the eligibility requirements too would be different till March 2021. Job keeper payments are also subjected to reduction from 28 September 2020 to 3 January 2021 with […]
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31 Jul, 20

Save yourselves from high costs by avoiding these tax return mistakes: Recommendation by the ATO.

Australian Taxation Office came up with some essential recommendations after noticing the blunders committed by many taxpayers and have paid the high cost for it. With the Covid-19 outbreak affecting the normal life and pocket adversely, the new financial year 2020-21 immediately experienced early tax return filing, application for superannuation, and many government programs. The […]
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30 Jul, 20

6 Reasons to Change Accountants

To achieve higher success in your business, you need to have precise financial information, particularly for small businesses. In short, a financial statement is mainly considered as a report card for the owners. It means how well their business is going. And your financial statement works as an actual report card for those who want […]
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