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New Software - Apxium - 9th July 2024
Morning all, trust you're well. I recently emailed our clients with monthly fee arrangements to advise of a change to our billing software. We are now rolling this new software out to all clients.
We are changing software companies and moving from Ignition to a new provider called Apxium (pronounced Apps-ium).
Used by many accounting firms and businesses, Apxium is an end-to-end receivables solution that brings a host of benefits. Our experiences with it to date have been positive, and it will significantly enhance our service to you
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AVCA Alert- The Australian Taxation Office (ATO) has intenisified its efforts in pursuing tax debts. - 26th March 2024
We are reaching out to inform you of a significant development in the taxation landscape that could impact your financial affairs.
The Australian Taxation Office (ATO) has intensified its efforts in pursuing tax debts. It signals a significant shift in its approach.
ATO's Aggressive Pursuit of Tax Debts
Recent reports and observations within the Accounting and Tax industry indicate that the ATO has ramped up its enforcement activities, particularly in recovering outstanding tax debts.
This heightened focus is part of the ATO's broader strategy to collect a whopping $15bn in outstanding tax debts, to ensure compliance with all tax obligations and to maintain the integrity of the tax system.
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Australian Taxation Office Client to Agent Linking commenced From 13 November 2023 - 13th November 2023
The ATO are further strengthening the security of online services to help protect against fraud and identity related theft.
From 13 November 2023, all types of entities with an ABN (excluding sole traders) will need to nominate a Tax Agent, a BAS Agent or a Payroll Service Provider before they can act for you ** and on your behalf.
Please note existing clients are not affected by this system unless you ask us to take on an additional role. Keep reading for more info.
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AVCA moving to MYOB's GreatSoft - 16th October 2023
This is a just a quick note
to let everyone know that we are in the process of changing software. We have
outgrown MYOB Accountants Enterprise (AE) and have moved to MYOB's
GreatSoft platform. It will allow us more cloud based functionality and integration.
The changeover process was long and time consuming with many of the
administrative team spending weeks on getting our data base cleaned up for the
changeover.
A Reminder About the $1,000 SafeWork Small Business Rebate - 31st August 2023
The NSW Government has reminded small businesses to apply for a $1,000 SafeWork Small Business Rebate. Introduced in October 2018, this scheme is to assist small businesses with the cost of their workplace health and safety costs.
*** BREAKING NEWS *** CHANGE OF OFFICE HOURS - WARATAH AND MAITLAND - 25th October 2022
There is no doubt the recent COVID pandemic had us reassessing a lot of what works and what does not work in our lives. Following feedback from my key staff, we have decided to change the office hours at both our Waratah office and our Maitland office.
A Known Glitch in the Matrix and an Update to our Lodgement Extension Request - 25th July 2022
A Known Glitch in the Matrix and an Update to our Lodgement Extension Request
Businesses: How to Setup Access to your own ATO Online Services - 28th June 2022
Did you know you can setup access to your own
ATO Online Service? ATO Online Services provides businesses access to a range
of secure tax and superannuation services all in one place.
Jenny Aitchison - Parliament Acknowledgement Tony Vidray 40 years of Service - 5th April 2022
Reminder on Director Identification Numbers (DIN's) - 5th April 2022
You may
recall our newsletter on this topic sent in November 2021. This update is to remind you all that IF you want to added as a Director to a company on or after
05 April 2022, you will need a DIN before your appointment.
NSW Business Support 2022 - 31st January 2022
NSW Business Support
The NSW Government has announced a $1bn support
package for struggling NSW small businesses.
No RST for the Wicked The End of Paper from the ATO - 14th January 2022
The Australian
Taxation Office (ATO) announced in March 2020 that they were going to cease
sending paper activity statements. This applies to forms R, S and T.
Lockdown Support Update July 2021 - 21st July 2021
To help keep
you up to date with lockdown support that is available for you and your
business, we have compiled this comprehensive guide:
Everything Is Just Super - 27th June 2021
Since our recent newsletter
on changes happening from 01 July 2021, our office has received a number of
enquiries around superannuation, so I thought I would send out an update
sharing a few of the questions asked and some of the misunderstandings in the recent
announcements.
Five Ways to Bring in More Cash for Your Business - 6th January 2021
Now is the perfect time to evaluate your financial position
and come up with innovative ways to add revenue streams and generate cash. Here
are five ways you might consider to improve your cash inflow:
NSW Government Actions - 10th November 2020
The
NSW Government unveiled their 20-Year Economic Vision to set out a
clear pathway for ensuring that Regional NSW will continue to be a vibrant and
growing part of our economy, and that people are supported in their decision to
live in the regions.
The Vision is currently being refreshed to incorporate the challenges and
opportunities for regional NSW associated with the impacts of the drought,
bushfires and COVID-19.
The 2020-2021 Federal Budget - 12th October 2020
Last Tuesday the Federal Government delivered the 2020-2021 Federal Budget and more importantly, by Friday it has been passed by both Houses of Parliament.
Jobkeeper Extension Bill - 28th August 2020
The JobKeeper Payments Amendment Bill was introduced in the House of Representatives on
Wednesday 26th August. We appreciate your patience as we process these changes.
9 Steps to Leading People Successfully through Major Change - 13th July 2020
Change in
business is almost always a good thing, but often poor management means that
the workforce becomes disengaged and the change process painful. In the
worst cases, this results in irreparable damage being done.
It doesn't need
to be this way. Follow these nine steps and empower yourself to successfully
lead your people through major organisational change.
Beyond COVID-19 - How to build value in your business - 1st June 2020
We've said it before and we'll say it again - this has been an extremely difficult few months for all of us, but there is no better time to think seriously about your business. In this article, we have compiled a few tips to create value in your business.
Ways to run your business if you can't open your premises - 30th April 2020
The COVID-19 pandemic has proven challenging for
many small business owners. It's difficult to run your business remotely, especially
if you're not set up to do so. If you run a business that requires customers or
clients to come to you, you might be very concerned about how you can continue
to operate without opening your premises.
If you have access to technology, are adaptable, and
are willing to look into financial assistance, you can make it through this
pandemic. Here are some ways to keep your business operational through
COVID-19.
4 Tips for Getting Your Business Through Tough Times - 31st March 2020
If you're a small business owner whose company
hasn't gone through hard times, that's great but it's likely to happen at some
point. As much as we dream about being brilliant enough at business that we'll
never face slow times, there are many things beyond our control that can negatively
affect our business.
It's highly likely that the Coronavirus and it's
resulting impacts, could put some significant pressure on your business.
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Your March 2020 BAS will be the most important BAS ever - 26th March 2020
For those businesses that have an Australian Business Number (ABN) and were registered for the Pay As You Go system for Wages (PAYG W) as at 12 March 2020, your March 2020 Business Activity Statement (BAS) will be the most important BAS you lodge in a long time.
Economic stimulus package - Round Two - 23rd March 2020
We hope you remain well and are managing to navigate the changing landscape of business in Australia.
As you are aware, the current environment with Coronavirus is constantly evolving and as such we are committed to keeping you updated as changes occur.
Further to our email of last week, here are some further resources to assist you through these unprecedented times:
COVID-19 update: support resources - 19th March 2020
We sincerely
hope you are well and coping with the dynamic and rapidly changing
circumstances around the Coronavirus. Rapid change can often bring uncertainty,
worry, concern and anxiety.
We have been monitoring the advice given by the Australian Government and health authorities closely to provide you with information and resources that can help support your business during this time.
There is much going on and changes occurring daily so we will endeavour to keep you updated in regard to continuing support for your business, you and your families.
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Upcoming Tax and Compliance Changes - 21st January 2020
Welcome to 2020! As I type the year 2020, its still seems futuristic to me, but here we are, a new year and depending on your point of view, a new decade.
There are some significant changes that will be occur this year and some new technologies implemented. Here's a summary for you:
Australian Bushfires - support and resources availble - 15th January 2020
During recent months, Australia has experienced one of the most devastating fire seasons on record. Thousands of people have been displaced, natural habitats have been destroyed, businesses crippled and sadly there has also been tragic loss of life.
Our heartfelt thoughts rest with those that have been affected during these harrowing events.
If you or your business have been impacted by the recent fires, there are a range of resources available to assist.
