The Accounting Division Blog
Pre-lodgement compliance review: what you need to know
As a part of the ATO’s concerted efforts to engage taxpayers earlier and identify risks before they become an issue, pre-lodgement compliance reviews (PCRs) are
What work-related car expenses can employees claim?
Car expense claims are one of the most popular deductions claimed each year, but be aware of the rules! Generally, you can’t deduct travel costs
Protecting your customers’ data
Any Australian organisation that handles personal information could be captured under the notifiable data breaches scheme which requires organisations to notify individuals whose personal information
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
Cash payments limit coming soon
As a part of the crackdown on black economy, the Government is planning to introduce an economy-wide cash payment limit of $10,000. Any payments made
Getting your small business ready for STP reporting
Have you sorted out Single Touch Payroll (STP) arrangements for your small business? If not, it’s time to get cracking! From 1 July 2019, STP
ATO reviews to limit small business disputes
In response to the media attention around ATO’s alleged harsh treatment of small businesses, the ATO has started a 12-month pilot limited to small business
Garnishee orders may bring home the bacon
A garnish is an enhancer, something to dress up a plate – think of a sprig of parsley. A garnishee is something entirely different, although
Cash payments limit coming soon
As a part of the crackdown on black economy, a cash payment limit of $10,000 has been proposed. Any transaction that exceeds $10,000 will need
What expenses can I deduct for my holiday home
Renting out your holiday home for part of the year can help to finance the costs associated with purchasing and maintaining the property. As well