Capitaleyes Latest Accounting News

Imagine you think up a fantastic name for your business and are ready to start operating. You have set up your website and begin advertising online using the business name and logo you have designed.
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SMBs can be particularly vulnerable to cyber security risks, with limited resources, expertise, and infrastructure all contributing factors as well as lack of awareness and training.
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The revised procedure will encompass an additional 1.7 million entities from 13 November.  
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Improving cash flow is the no. 1 challenge for most family businesses, according to a new survey. 
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The general and shortfall rates for late tax payments rise for the eighth quarter in a row.  
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As flagged earlier in the year when the announcement was made, the Federal Government recently released a consultation paper on its proposal to reduce super tax concessions for individuals with super balances over $3 million, including those with self-managed super funds (SMSFs). 
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  Small businesses are the engine room of our economy  
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  A change to contract law you might not be away of but need to be. It is essential to understand the unfair contract terms (UCT) regime and how it affects your rights and responsibilities. Otherwise, you may face serious consequences.   
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  Individual property investors should be aware that the Australian Taxation Office (ATO) has announced a new data matching program that will obtain data from various financial institutions for the 2021–2022 to 2025–2026 income years  
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  For years now, Australians have been hacked, scammed, contaminated by viruses, and spammed.   
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  In February 2022, the High Court handed down a landmark decision in ZG Operations v Jamsek, which clarified the test for determining whether a worker is an employee or an independent contractor.  
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  The deadline for submitting this report is the 28th August 2023.  While it may be difficult sometimes to differentiate between an employee and a contractor the form still has to be submitted.  Your accounting software can most likely help.  
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