During tax time, accountants are warning all Australians to be on high alert for tax scams. Australians paid more than $2.1 million to tax scammers pretending to be the ATO in 2019. “Criminals know that many Australians doing it tough want quick tax refunds and that creates easy targets for tax scams,” said Chartered Accountants… Read more »
Small business advocates have welcomed the government’s announcement of the extension of the JobKeeper scheme. Small business owners and their champions have met the announcement of JobKeeper 2.0 with appreciation, suggesting the revamped and extended scheme will allow small businesses to remain viable during the ongoing coronavirus crisis. “We know the vital role small to… Read more »
Single Touch Payroll (STP) became mandatory last week for all small businesses with 19 employees or less. Yet according to the Australian Tax Office (ATO) many businesses have yet to adopt the compulsory technology or inform the ATO that they need more time to make the switch. Chartered Accountants Australia and New Zealand (CA ANZ)… Read more »
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