by Shared by Accountants Daily | Apr 30, 2020 | News
In an update on Wednesday, the ATO now notes that if a business chooses to use a different GST accounting method from the one it normally uses, the Tax Office may reach out to understand why it has done so. Read more at the Accountants Daily.
by Maja Garaca Djurdjevic | Apr 29, 2020 | News
New analysis by Deloitte Access Economics puts the cost of COVID-19 at $60 billion, with estimates showing that cafes, restaurants, pubs and hotels will be short of $8 billion in lost wages and profits in the next handful of months. “That’s the biggest hit to any...
by Shared by the ifa | Apr 29, 2020 | News
According to ASIC’s latest Enforcement Update released on Wednesday, just 48 individuals were banned from providing financial services or credit in the six months to December 2019, compared to 103 in the six months to June 2019. Read more at the...
by Shared by My Business | Apr 29, 2020 | News
Last month, the federal government enacted temporary measures to avoid unnecessary insolvencies and bankruptcies in light of the challenges COVID-19 poses, by providing a safety net for directors and businesses to help them operate during a temporary period of...
by Shared by Accountants Daily | Apr 29, 2020 | News
In his testimony to a Senate select committee looking into the government’s COVID-19 response, Mr Kennedy said $10 billion in stimulus measures had been paid out over the last three weeks, with three times that amount expected over the next month. Read more at...
