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Black Economy Taskforce: Who could be included?

Black Economy Taskforce: Who could be included?

by AccountingProfessionals | Dec 5, 2017 | Accounting Professionals

Black Economy Taskforce: Who could be included? In a bid to crack down on tax evasion, the Government has proposed to extend the taxable payment reporting system to two new high risk sectors identified by the Black Economy Taskforce: cleaning services and couriers....
Be alert to sham self-managed super schemes

Be alert to sham self-managed super schemes

by AccountingProfessionals | Dec 5, 2017 | Accounting Professionals

Be alert to sham self-managed super schemes Have you been advised to transfer your super to a self-managed super fund (SMSF)? Perhaps you have been told that you could withdraw your superannuation early, to pay off debt? Either could be a warning sign of an...
Easy money: Is this the end for cash-only business?

Easy money: Is this the end for cash-only business?

by AccountingProfessionals | Dec 5, 2017 | Accounting Professionals

Easy money: Is this the end for cash-only business? The prediction of Australia becoming a cashless society by 2020 looks closer to becoming a reality with two developments: the government’s crackdown on cash-only businesses and the imminent launch of instant bank...
Lodge before Christmas closure: you may be due a refund

Lodge before Christmas closure: you may be due a refund

by AccountingProfessionals | Dec 5, 2017 | Accounting Professionals

Lodge before Christmas closure: you may be due a refund The festive season is on its way and so is the ATO’s end of year closure. So if you haven’t provided the relevant information to your tax adviser for tax returns and activity statements, now is the time to do it...

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