n the opposite of regular taxable supplies, from 1 July 2018 the purchaser of new residential premises will be required to lodge and pay GST. Usually it would be the vendor who would remit 1/11th of the sale price for new residential premises. However, due to non-compliance from developers in correctly calculating and remitting GST,…Details
Who are your ten most valuable clients by turnover.
Exposure draft legislation for the transparency of business tax debts was released last week, aiming to allow the ATO to disclose business tax debts to credit reporting bureaus where the businesses have not effectively engaged with the tax office to manage their debt. The criteria for reporting tax debt information will depend if the entity has…Details
27 December 2017 Chris Brycki Investing Following on from our discussion on whether you should invest in Bitcoin and the difference between investing and speculation, we share our tips on how to be a smarter speculator. We know Bitcoin probably got mentioned at least once at your office Christmas party this year. It did at ours. You might…Details
19 December 2017 Chris Brycki Investing If you haven’t noticed Bitcoin and other ‘cryptocurrencies’ like Ethereum making headlines recently you may be living under a Bitcoin! Even Alan Kohler’s nightly finance segment on ABC News now includes a snapshot of the price moves in Bitcoin and other obscure cryptocurrencies. As far as investment education goes for the…Details
This information has been removed due to possible copyright issues. Please contact Malcolm on 07 54717077 or email email@example.com if you would like to know more about tax reporting and record keeping for Bitcoin and Cryptocurrencies.
Using BANK RULES in XERO There’s nothing more satisfying to a bookkeeper than coding 300 or more transactions with a single click of their mouse. One of the most powerful functions of XERO is the ability to automate the coding of transactions by using BANK RULES. If you’re not using BANK RULES in XERO then…Details
Youth Jobs PaTH is a flexible new approach to youth employment. It is designed to support young people to gain the skills and work experience they need to get and keep a job. It also supports employers to host internship placements and provides them with incentives when they take on a young person. Youth Jobs…Details
You no longer need to order the form and wait for it to be mailed to you. Just download it from ato.gov.au/TFNdec or even better ask your new employee to download the form and fill it in on the screen. Once it’s filled in print it off, get your employees signature then send the original…Details