The Australian Taxation Office has taken the trouble to prepare some documents, for tax agents and practitioners, aimed at small business and how they manage their affairs. It explains generally how small businesses can prepare their finances in
Tradies versus the ATO!
BUILDERS and TRADIES BEWARE!! TAXABLE PAYMENTS REPORTING Once again you and your industry have become targets of the ATO. As you may be aware the ATO have introduced a NEW REPORTING requirement in respect of SUBCONTRACTORS PAYMENTS. This will
Accounting Cloud Software
Nowadays most of us rely on "computing" that's provided by machines we never see and could not locate even if we tried. They are somewhere out there in the internet "cloud". Cloud application that most people would use on a daily basis are email such
Tax-Free Threshold
The new tax-free threshold is $18,200 as from 1 July 2012. The ATO have now stated that if you have more than one employer and you are certain you are going to earn less than $18,200 for the year, you can claim the tax-free threshold at each
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