Single Touch Payroll Phase 2
Dear Employers, As you may aware of that in the 2019/2020 budget, the government announced that Single Touch Payroll (STP) would be expensed to includ...
22 April, 2021
Thoughts
Summary of Current Economic Conditions – Data as at 4 May 2023
by RBA YouTube Channel
16 May 2023
RBA economist, Stefano Tornielli di Crestvolant, provides an update on the Australian economy.
The Uncomfortable Truth about Australia’s Rental Crisis
by AFR YouTube Channel – the Fin Podcast
12 April 2023
Reporter Michael Read on what has caused this rental squeeze, how it’s affecting the economy and what’s being done to fix it.
Tax & Legal
Consumer Data Rights – How it Works
by ACCC
28 June 2020
The Australian Government has introduced Consumer Data Right in Australia. Consumer Data Right will give consumers, including individuals and business, a secure way to control which businesses have access to their data. This will improve the way consumers can compare and switch between products and services. It will also encourage competition between service providers, leading to more innovation and better prices. This video covers how Consumer Data Right works in practice. For more info on Consumer Data Right, head to https://www.cdr.gov.au/.
Choice, Control, Convenience!
Proposed changes to superannuation explained
by ABC News (Australia)
21 January 2023
Treasurer Jim Chalmers has flagged a potential superannuation overhaul. News Breakfast’s Finance Presenter Madeleine Morris takes a look at the proposed changes and what they could mean. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3lS9OQn
GST Registration And Property Development
by ATO
If you’re developing a property and intending to sell a property at a profit, you may need to register for GST.
Need to register or more information, please CONTACT US on (08) 8423 4578.
GST Withholding for Certain Taxable Sales of Property
by ATO
From 1 July 2018, purchasers of new residential premises or subdivisions of potential residential land will need to pay the GST component of the purchase price directly to the ATO on or before settlement.
Need more information or advices, please CONTACT US on (08) 7093 8731.
Closing Your Company
by ASIC
Even if your company has stopped trading, it’s still registered with ASIC. This means that you must still meet the legal obligations of a company, including paying the annual review fee. It’s a good idea to consider de-registering a company if it’s no longer needed.
Need a help, please CONTACT US on (08) 7093 8731.
How to digitally sign and return Your documents through Xero Sign
Dear clients, Did you had enough to print, sign, scan and email us back your confidential documents such as financial statements and income tax return...
22 April, 2021
Why considering an SMSF?
What is Self Managed Super Fund (SMSF)? An SMSF is a private superannuation fund, regulated by the Australian Taxation Office (ATO) that you manage yo...
17 May, 2018
The Sharing Economy & Tax
What is the sharing economy? What’s mine is yours, for a fee. Just as peer-to-peer businesses like eBay allow anyone to become a retailer, sharing sit...
15 May, 2018
Cloud Accounting
Xero | Run your business, without the drama
by Xero
Buried under a mountain of paperwork? Let us help you escape into the world of Xero. Chasing payments, confusing financial information and tax mysteries will be a thing of the past. So you can get out from behind the desk, and do beautiful business.
Need a help to choose a suitable Xero subscription (including Xero business editions and accounting practice only editions, such as Xero Leger, GST or Non-GST Ledgers & Payroll Only Plan), please CONTACT US on (08) 8423 4578.
Send & Receive E-Invoices
by Xero (AU)
Business with the e-Invoicing network so you can send and receive e-Invoices in Xero.
China Insights
How China Is Changing Your Internet
by The New York Times
In China, a sheltered internet has given rise to a new breed of app, and American companies are taking notice. What was once known as the land of cheap rip-offs may now offer a glimpse at the future. With companies like Alibaba, WeChat, and Tencent US companies have taken notice to a new generation of Chinese technology companies.
The Future Of Good Food in China
by TED Talks
Fresh food free of chemicals and pesticides is hard to come by in China: in 2016, the Chinese government revealed half a million food safety violations in just nine months. In the absence of safe, sustainable food sources, TED Fellow Matilda Ho launched China’s first online farmers market, instituting a zero-tolerance test towards pesticides, antibiotics and hormones in food. She shares how she’s growing her platform from the ground up and bringing local, organically grown food to the families that need it.