The Accounting Division Blog
Should I move to Xero?
The end of a financial year is a great time to reflect on how your business has performed over the last 12 months. The lead
Beware of clothing deductions this tax time
Beware of work-related clothing and laundry expense claims this tax time, the ATO is cracking down on individuals making unsubstantiated and exaggerated claims. It has
JobMaker: how your business can take advantage
The Government has released details of what it calls its “JobMaker” hiring scheme. It will take the form of a payment to employers for each
ATO blitz on the sharing economy continues
The sharing economy is booming in Australia with a large proportion of the population either making it their full-time job or making a little extra
Future direction of the ATO
The Commissioner of Taxation, Chris Jordan, spoke recently at a conference about what’s in store for the ATO including upcoming changes, transformations, aspirations for the
Increased super thresholds for 2019-20
Certain superannuation thresholds are set for a small boost from 1 July 2019 thanks to the latest indexation factors published by the Bureau of Statistics.
Tax time 2022: ATO focus areas
Tax time 2022 is fast approaching, and this financial year, the ATO will again be focusing on a few key areas to ensure that individuals
Reform of the ABN system
The ABN system was originally introduced as a simple way to provide businesses with unique identifier when dealing with the government. It has since become
Small Business Benchmarks
Starting a business is hard work. It starts much earlier than your first day of trading. Lots of planning, building and training goes in to
Single touch payroll: are you ready?
If you run a business, you’ve probably heard a lot about Single Touch Payroll (STP) recently, so what is it and how does it affect
