ATO makes last-minute tax tips for small business

ATO makes last-minute tax tips for small business

In a tax tips guide for small business, ATO assistant commissioner Mathew Umina said keeping good records will help small businesses to complete and lodge their tax returns, manage cash flow, meet their tax obligations and understand how their business is doing.“Small...
Overseas accountants still an option despite visa messiness

Overseas accountants still an option despite visa messiness

Last year, the government abolished the Temporary Work (Skilled) visa, more popularly known as the 457 visa, and established a new Temporary Skill Shortage visa in March 2018 with two separate streams – short term and medium term.Speaking to Public Accountant, Morgan...
Redundancies fraught with legal traps, accountants told

Redundancies fraught with legal traps, accountants told

While the Fair Work Act 2009 considers redundancy a legitimate reason for the termination of an employee’s employment employers cannot simply use it as a reason to remove an employee from the business, said MistryFallahi Lawyers & Business Advisors lawyer, Ann...
Downtime to persist with new ATO portals

Downtime to persist with new ATO portals

As reported earlier, planned maintenance over weekends and in the evenings is impacting the productivity of sole practitioners and small firms in particular, which often leave their administrative work to hours outside of the business day. An ATO spokesperson has...