accounting

Category: accounting

car tax

My car and tax, what can I claim as a business owner?

As a business owner, you can deduct the following expenses for a vehicle carrying less than one tonne and fewer than 9 passengers: fuel ...
House

 Property tax reform

The states are asking the Australian federal government to adopt a new property tax system offering flexibility to home buyers. A buyer would be ...
cryptocurrency

Accounting for cryptocurrency transactions for tax purposes

Cryptocurrency is a digital asset in which encryption techniques regulate the generation of units and verify transactions on a blockchain. Cryptocurrencies are usually independent ...
backup

How can a small accounting practice back up their data on a budget?

Backing up your practice data is essential. Loss of data can cause irreparable damage to a small accounting practice.  The rule of thumb is ...
MyTax

The rise of MyTax and the fall of tax agents

In 2013/14, 74.2% of all individual tax returns were prepared by tax agents. Fast forward six years to 2019/20 and that figure had fallen ...
Business man on elephant

Remember Twisted Tax Tales?

Do you remember our Twisted Tax Tales short story competition? You can still read over 150 crazy Twisted Tax Tales stories right here. So ...
Dell xps 13

Tech for Tax Agents in 2020

Here are our top 5 tech tools for tax agents: Logitech HD Pro Webcam C920 - Meet with your clients online with a crystal ...
Fake Google Reviews

What to do when your practice receives a fake Google review

Unfortunately we live in a world where some competitors feel the need to use dirty tactics in a futile attempt to rise above the ...
Facebook

Does my accounting practice need a Facebook page?

Facebook business pages are a great way to show the human side of your business and build trust with potential clients by: Posting pictures ...
Elite athlete

Professional accountant or elite athlete?

Would you be surprised if we told you that the makings of a great accountant are also the makings of elite athletes? In fact, ...