Category: Business
Phasing out written authorisation for agent linking
Agent linking between tax agents and clients is carried out through written authorisation. The ATO will be phasing agent linking out in the wake ...
Are you ready to start a new business?
Starting and running a business requires a lot of work and a huge time commitment. Is self-employment the right choice for you? Do you ...
Director identification numbers to mitigate illegal phoenixing
The Australian Business Registry Services (ABRS) has introduced director identification numbers (director IDs) to cut down on phoenix companies (liquidating a company to avoid paying ...
Why is household spending going up?
Talkback radio will have you believe Australia is in the grips of an affordability crisis. Interest rates keep rising and inflation is at 7.6%. ...
Free small business advisory services
Let’s face it, running a business is expensive and many small businesses can’t afford professional advice. So where can small Australian businesses go when ...
Cash flow will make or break your small business
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 ...
Why is China slashing interest rates?
As the rest of the world tightens monetary policy by hiking interest rates, China is slashing rates. Two rate cuts in August and a ...
Challenges for Australian businesses in 2022
2022 is a tough triple whammy year for small, medium and large businesses in Australia. Businesses, already shaky as they pull themselves out of ...
Simple tax returns to disappear within 3 to 5 years
Chris Jordan, the Commissioner of Taxation, has advised tax agents that 'if your business model is high-volume, low-margin, simple tax returns, your business will ...
The Pros and Cons of a Country Accounting Practice
There are many benefits to moving your accounting practice to the country. Rural accounting also comes with a lot of risk and potential downside, ...