The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet further national hardships.     Disaster resources updated 01-05-...

The ATO says the best protection is “knowledge defence”.  Business needs to be increasingly alert for signs of illegal phoenix activity, the ATO said, as it is widespread and can be hard to detect. The assistant commissioner for the Phoenix a...

A cash flow forecast is the most important business tool for every business. The forecast will tell you if your business will have enough cash to run the business or pay to expand it. It will also show you when more cash is going out of the busi...

Global data, analytics and technology company Equifax has signed an agreement with the ATO to receive commercial tax default data so that it can be displayed in credit reports. The data, which was previously unavailable, will give customers the ...

Digitising billing systems would save almost $130 million annually in carbon emissions The adoption of a business e-invoicing right (BER) that takes a two-sided (send and receive) approach can drive productivity within the economy and reduce c...

Businesses that need a little more financial help will have one last opportunity to claim the loss carry-back in their 2021–2022 income tax returns. And businesses that have an early balancer substituted account period (SAP) for the 2021-22 i...

The information in this chart is fascinating from both an historical perspective as well as what it predicts. It also guarantees you'll be the breakfast table expert every time. Please click on the following image to view how the world has chan...

  The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet further national hardships.     Disaster resources updated 01-04-...

With a federal election only a couple of months away, find out who's getting a cash boost — and who's not — in Treasurer Josh Frydenberg's latest budget. Winner – Motorists   In an effort to bring down petrol prices, the gov...

The ATO is sending its strongest message on debt enforcement since the pandemic, says Grant Thornton.   The Tax Office is warning tens of thousands of directors to take action on company tax debts or face the risk of full enforcement action. ...