Latest Accounting News

Latest Articles

• Time for a superannuation check-up?
  The new financial year has begun, and with it have come some important changes to superannuation from 1 July 2024. With these changes coming into effect, it’s a good time to give your super a check-up.
• Scam alert: fake ASIC branding on social media
  The Australian Securities and Investments Commission (ASIC) has issued a scam alert warning consumers that there has been an recent increase in the use of ASIC’s logo in social media scams. ASIC’s warning to consumers covers three main areas of concern.
• Millions of landlords the target of expanded ATO crackdown
    The Tax Office will acquire property management records to clamp down on taxpayers misreporting rental income and deductions.
• Government urged to exempt small firms from TPB reforms
  The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.
• ATO warns businesses on looming TPAR deadline
  The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9 million in penalties in the five years to 2023.  
• How to read a Balance Sheet
  It’s common for small businesses to struggle when understanding their financial data.  Cash flow needs and a Profit and Loss statement are analysed more often a business owner and so, understood better.  
• Unregistered or Registered Trade Marks?
  Trade marks are a form of intellectual property protection your business can rely on to distinguish yourself from your competitors. Likewise, you can use trade marks to clearly differentiate your goods and services from your competitors.
• Most Popular Operating Systems 1999 - 2022
  Check out the most Popular Operating Systems 1999 - 2022
• 7 Steps to Dealing With a Legal Issue or Dispute
  If you run a business for any length of time, you will likely get involved with disagreements and disputes with your associates, whether they be customers, employees, suppliers or competitors.
• How Do I Resolve a Dispute With My Supplier?
  Having good working relationships with your suppliers is vital to ensure your business runs smoothly.
• Changes to Casual Employment in August 2024
  Casual employment is set to change again after Amendments to the Amendments to the Fair Work Act 2009 (Cth).
• Temporary FBT break lifts plug-in hybrid sales 130%
  An industry body warns strong take-up will only continue if the generous tax break remains.  
• The five reasons why the $A is likely to rise further - if recession is avoided
  After a soft patch since 2021, there is good reason to expect the $A to rise into next year
• June quarter inflation data reduces risk of rate risk
  The June quarter inflation data is likely to see the RBA keep rates on hold next week, economists predicted.
• ‘Bleisure’ travel claims in ATO sights, experts warn
  Travellers who mix business and pleasure will face increased scrutiny as the Tax Office cracks down on work-related expenses.