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Posts by Success Tax Professionals

Phasing out written authorisation for agent linking

By Success Tax Professionals | November 21, 2022 | 0
scam

The ATO will be phasing agent linking out in the wake of the Optus and Medibank data attacks to strengthen cyber security.

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Are you ready to start a new business?

By Success Tax Professionals | November 15, 2022 | 0
new business

Starting and running a business requires a lot of work and a huge time commitment. Is self-employment is the right choice for you?

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Director identification numbers to mitigate illegal phoenixing 

By Success Tax Professionals | November 8, 2022 | 0
Phoenix company

The Australian Business Registry Services (ABRS) has introduced director identification numbers (director IDs) to cut down on phoenix companies

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Why is household spending going up?

By Success Tax Professionals | November 1, 2022 | 0
Houshold spending

Australians can’t afford to put food on the table, let alone pay their mortgages. So why is household spending still rising month to month?

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Free small business advisory services

By Success Tax Professionals | October 25, 2022 | 0
small business advisory

State governments offer free business advisory services so that small businesses can access practical, confidential advice.

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Cash flow will make or break your small business

By Success Tax Professionals | October 17, 2022 | 0

A cash flow statement shows the ins and outs of your business in real-time. Cash flow is the food and water for your small business and is critical for success.

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Why is China slashing interest rates?

By Success Tax Professionals | October 11, 2022 | 0
China

As the rest of the world tightens monetary policy by hiking interest rates, China is slashing rates. So why is China jumping overboard?

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Challenges for Australian businesses in 2022

By Success Tax Professionals | September 26, 2022 | 0
supply chain shortage

Businesses, already shaky as they pull themselves out of a COIVD-19 nightmare are hit with runaway inflation and a labour shortage.

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Simple tax returns to disappear within 3 to 5 years

By Success Tax Professionals | September 20, 2022 | 0
simple tax returns

If your business model is high-volume, low-margin, simple tax returns, your business will not be viable in 3 to 5 years.

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The Pros and Cons of a Country Accounting Practice

By Success Tax Professionals | September 12, 2022 | 0
country accountant

There are benefits to moving your accounting practice to the country. Rural accounting also comes with risk and potential downside, however.

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