When you should hire an accountant?
Accountants can help out at various stages during the growth of your business.
Pension Deeming Rates to be Lowered
For those who are unaware, pension deeming rates are a part of the social security income test, and are used to assess income from financial investments for social security and…
Contractor Payments Data Matching Program
The ATO has announced that it will continue to acquire details of entities that receive contractor payments from other businesses for the 2013/14, 201415 and 2015/16 financial years.
4 questions to ask your accountant to put you in control of your business
I work with accountants every day. It’s all we do at PANALITIX – helping accountants make a difference with their clients.
ATO to Focus on $20bn Debt
In his April speech, the Commissioner discussed debt management needs of the ATO, stating that while a large majority of taxpayers meet their obligations in time, there are also a…
ATO’s Audit Budget
In April 2015, the ATO set up a new page on their website, ‘Building confidence’, which discusses compliance activities, as well as the amounts of tax and penalties which were…