by Slye Joy | Jul 18, 2018 | News
Minister for Revenue and Financial Services Kelly O’Dwyer said in a statement that the reform will allow SMSF members to initiate and receive rollovers electronically between an APRA fund and their SMSF.The regulations will apply to SuperStream rollovers to or from an...
by Slye Joy | Jul 17, 2018 | News
Minister for Revenue and Financial Services Kelly O’Dwyer said small businesses can confidentially provide information or report their concerns about possible phoenix behaviour either by calling the Phoenix Hotline or online through the Australian Taxation Office...
by Slye Joy | Jul 16, 2018 | News
The Deloitte Access Economics report, ‘Small business imperatives for the digital age’, found that only 30 per cent of small businesses use customer relationship management (CRM) software.Those businesses earn 28 per cent more revenue on average than those...
by Slye Joy | Jul 13, 2018 | News
From 1 July, purchasers of new residential premises or potential residential land are required to withhold an amount from the price of the supply for payment to the ATO.The amount withheld is generally either 1/11th of the contract price for fully taxable supplies, 7...
by Slye Joy | Jul 12, 2018 | News
According the ATO’s ‘Individuals not in business tax gap’ report, the random enquiry programs (REPs) for 2013-14 and 2014-15 found that 72 per cent of the 858 tax returns in its random sample contained errors.It found 78 per cent of agent-prepared returns contained...
