Tax

How to stay organised during tax time to optimise your returns

Australians are urged to get organised ahead of the end of financial year, including finding a great accountant, collating all necessary paperwork and knowing what...

How SMEs can turn tax time into an opportunity to grow

Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns...

The Australian Tax Office hotspots 2019 – do they apply to you?

Byline: Mark Chapman, the Director of Tax Communications at H&R Block. Every Tax Time, the ATO focusses on certain hotspots where taxpayers are prone –...

Getting ready for the EOFY: A how-to-guide for businesses

By Mark Chapman, Director of Tax Communications with H&R Block With just a few weeks remaining until the end of financial year, many businesses will...

Why do major companies keep getting caught in employee underpayment scandals?

Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees...

Small business owners prioritise climate change, energy costs and tax cuts

A new survey from Xero, the global small business platform, has revealed a disconnect between small business owners and politics, with a whopping three...

$30k Asset Write-Off up for grabs for next month: is your business eligible?

With the end of financial year fast approaching, small and medium-sized businesses are being reminded they could be eligible for an instant asset write-off...

Morrison to prioritise planned tax cuts

Scott Morrison plans to prioritise his promised tax cuts after he settles his new ministry line up, as the nation waits to see if...

What Single Touch Payroll means for your employees

Have you taken the next step and started reporting through Single Touch Payroll (STP)? Employers with 20 or more employees should have already started...

Australian small businesses losing $5.8 billion each year

Insufficient cash flow means lost opportunities  Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half...

Admin ‘killing the dream’ of Australian Small Businesses

Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated...

A guide to managing expenses for small businesses

Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and...

Pre-budget commentary from Sam Allert, Reckon Group CEO

Sam Allert, Reckon Group CEO, shares his thoughts on the impacts of the expected federal budget announcement this evening.  General Outlook "Our survey uncovered that 65 per cent of...

Xero’s Small Business Insights shares key small business findings

The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is...

Tax tricks for small businesses this EOFY

5 tips to tidy up your tax before EOFY.

Understanding essentialities of the Australian tax system

The tax system of Australia is extremely vast to say the least. The citizens therein are liable for the payment of 125 different forms...

Ready for STP payroll? The latest ATO update

John Shepherd, Assistant Commissioner, Australian Taxation Office delves into some of the finer detail ahead of the 1 July move to Single Touch Payroll...

ATO, funds sitting on $18b in unclaimed super

Almost $18 billion worth of superannuation is still waiting to be claimed in Australia, with the ATO revealing the top ten postcodes for unclaimed...

Cloud accounting advancements have led to more SMEs doing their own tax, says MYOB

An increasing number of small business owners will complete their tax returns themselves this year, according to research undertaken by cloud accounting provider MYOB. The...

Simple ways to improve cash flow this EOFY

With the end of the financial year almost upon us, now is the time to make the most of your tax planning. If you are...