Insights
2 out of every 5 small businesses experience a cyber-security incident — here’s what you can do to protect your business
For many businesses that are heading back into the office and shaking off the dust from 2020, it’s now a great time to implement new processes and systems, especially i...
Cloud technologies necessary to ride wave of economic growth for accounting practices
You don’t have to be a historian to know that a lot of things can be learnt from the past. And while 2020 may only be a few months behind us, there is no doubt that for...
What can we expect after the last COVID-19 initiative is withdrawn?
There’s been much written about what’s likely to happen after the federal government finally withdraws all the initiatives it introduced during 2020 to help cope with...
Allocation of professional firm profits: Understanding the new rules
The ATO’s recent guidance on the allocation of professional firm profits has caused an expected stir. It is important that firms understand the likelihood of the ATO ex...
SME success strategies in the wake of a pandemic
As Australia recovers from the economic fallout of the pandemic — at least for the most part — Scott Harrington, director, Business Advisory, considers ways in whic...
The quiet achievers that went beyond the books during COVID-19
As the JobKeeper scheme nears its end, the role that tax agents and accountants have played to keep businesses — and people — afloat should not be underestimated.
...
ATO discriminates against professionals and medical practitioners
Lawyers, engineers, architects, doctors, financial planners and accountants are being targeted over how they manage their taxation affairs.
Write comment (2 Comm...
Travel expenses rulings — what do they mean?
New ATO guidance and rulings on the income tax and FBT treatment of employee meal, accommodation and travel costs were recently published. BDO’s tax associate director,...
Super isn’t that super
Decades of adding layers of new rules, including some notable attempts at reform, has resulted in a superannuation regime that is convoluted, inefficient and continues to...
Tax administration lessons learnt from COVID-19 (and promptly forgotten)
Although most of us will remember 2020 as a year of enormous disruption and difficulties, it likely represents the zenith of tax administration in Australia, writes Dav...
A closer look at the small business restructuring reforms
There is plenty in the news about an upcoming wave (some still say avalanche) of insolvencies, especially once the federal government financial support mechanisms finish ...
TRENDING
