Latest Blogs
The Economic Impact of COVID-19 – Tax Relief Roundup
The parliament approved legislation for COVID-19 stimulus and support measures. Most of the stimulus initiatives are being administered by ATO. The compliance deadline remains regardless of the fact that either the payments have delayed or waived. The transitional...
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Jobkeeper Payment: what you need to do and check your eligibility
The authorities have declared $130 billion JobKeeper Payment to assist to keep the Australians to stay in their jobs and support the businesses that got affected by crucial economic influence caused due to COVID-19. Almost six million of the employees will get a...
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Payroll Tax Relief for Businesses in Australia
Including Australia's acts, four Australian governments provided their own stimulus packages formally issued. A description of the main payroll tax concessions in answer to COVID-19 from all States and territories is given below. Payroll Tax Concessions - COVID-19...
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COVID-19 JobKeeper Wage Subsidies: Accountant Overview
An Overview by Accountant of the Latest Prompt Measures Coronavirus is not only a health emergency in the world, but also an economic too. In order to control the spread of this pandemic, different authorities are taking different measures. Authorities have imposed...
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Business Continuation Aspects During Downturn Of Corona Virus
The Accounting during the difficult times are there to provide assistance and positivity in businesses. Being an entrepreneur, the key element to focus now a days in the times of downturn is to resist with the tough times that sets business up to be a rapid turning...
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Deadline Changes Of Coronavirus (Covid-19) Tax Payments
Income tax returns impacted by the coronavirus in Australia(COVID-19) The outbreak of COVID-19 is affecting the employees and the businesses and the economies and also the domestic and global economies. According to the tax professionals, coronavirus disruptions are...
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Impacts of Coronavirus (COVID-19) on Business and Tax
Coronavirus is arising along with many difficult challenges for businesses in Australia. The dramatic pace at which coronavirus (COVID-19) is spreading, has disturbed communities and businesses all around the world. Many organizations all over the world are coming...
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Role of Cloud Accounting Software in your Business
The platform of cloud accounting makes software and data accessibility online from any device and at any location. The problems involved in the traditional accounting software could be overlooked, until and unless you begin with the usage of cloud accounting software....
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What is new in Online Accounting Software in Australia?
The companies who are trading in accounting software are advancing their products at excessive speed for small businesses and accountants. Here are some advantages and disadvantages of Xero, MYOB, Sage, etc. The global brands like Intuit, Sage, and Xero represent more...
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Is QuickBooks Online Suitable for your business?
Are you unsure to switch to QuickBooks Online? Many business owners are in a dilemma that whether QuickBooks online is suitable for their business or not. Let us analyze that if these QuickBooks Online is a good option for your business or not, this is a better option...
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Why Is Accounting Important for Businesses?
You would not be able to learn about your business’ financial health unless you know that you have to do with IRS penalties and audits. By glancing the health of your business, you can protect it and make better decisions. Let us see numerous ways to see why...
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Best Accounting Software for Small Business in Australia
By not having a good bookkeeping system, an alert that the business is running out of cash could exist, which could be the reason for the failure of the business. An entrepreneur can opt for a manual bookkeeping system, electronic or accounting software....
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How to Become Tax Accountant in Australia
Tax accountants are the financial experts who perceive the rules and regulations mandated by the authorities which examine the money owed to state or local agencies and are also known for scrutinizing, reporting and giving guidance on issues related to...
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Role Of Tax Accountants
Every Detail Of Role Of Tax Accountant You Should Know Tax accountants are skilled people with the proper knowledge of tax legislation and regulation so that they can assist the clients at the time of making tax payments. Their efficiency does not just keep you...
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Understanding the Updated Australian Tax Brackets and Rates in Details
Federal Budget 2019, the coalition government has introduced amendment income tax cuts, that are creating on the personal income tax plan as per the 2018 Federal Budget. The Australian Tax Office (ATO) collects the income tax, which is applicable to working...
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Reasons Why Each Business Needs Accounting Services
Accounting is a vital part of every successful business. For accounts handling, there is a requirement of having professional accountants. Accountants are expert professionals who dealt with auditing, bookkeeping, tax preparation services and do other major roles....
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