Tag Archives: business accounting

ATO to target individual tax claims this tax season

With an additional $130.8m government funding injection, the ATO has signalled that this tax season it will target work related expense claims by individuals. Having recently conducted a pilot program where over 850 individual tax returns were audited, the ATO … Continue reading

Posted in Accounting Information, Income Tax | Tagged , , , | Leave a comment

Victorian Long Service Leave changes soon to begin

In May this year, the Long Service Leave Act 2018 (Vic) received Royal Assent, signalling some significant changes to the Long Service Leave entitlements of Victorian employees, and impacting all Victorian employers The changes, which will take effect from 1st … Continue reading

Posted in Accounting Information | Tagged , , | Leave a comment

Tax Ruling TR 2013/2 School & Church Building Funds

The Australian Taxation Office have recently released the Final Ruling TR 2013/2 Income Tax: School or College Building Funds. This Ruling replaces TR 96/8 and replaces a draft ruling 2011/D5. The Ruling has addressed many of the concerns raised in … Continue reading

Posted in Income Tax | Tagged , , , | Leave a comment

‘Quickbooks’ to be renamed ‘Accounts’ from April 2013

As of April 2013 Quickbooks will be renamed to Reckon Accounts. Its essentially the same product with a new name, read the offical notice from Reckon http://www.reckon.com.au/Pages/quickbooks-name-change.aspx

Posted in Accounting Information | Tagged , , , , | Leave a comment