Capitaleyes Latest Accounting News

  A very interesting, graphical, summary of the monsters of our global economy.  Fascinating stuff!!  
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Come back each day and click on the next date for another inspirational quote or poem from some of the greatest writers and poets.
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As we fly into our second pandemic-impacted festive season, many employers are now, more than ever, looking to bring a little bit of cheer to their employees.
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With the recent pandemic, there have been more conversations and questions over the role of the employer in supporting the wellbeing of their employees.
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  The following are some of the links to information on a number of State and Federal initiatives that might help your business through these tough times.  
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The ATO says it will be focusing on accessing new third-party data, automating audit processes, increasing its access to high-quality data and preventative strategies in order to drive down the overall tax gap.
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Business valuation is often described as a dark art. Indeed, get three different valuers to value the same asset and you will likely end up with three very different results. But this doesn’t need to be the case.  
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The carry-forward rules are often overlooked by eligible individuals who do not use the full amount of their concessional contributions (CCs) cap in a particular financial year.
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If your business is experiencing financial difficulties from the many lockdowns, the Australian Taxation Office (ATO) may be able to help by processing the tax return faster, if you are due a refund. 
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  A director identification number (director ID) is a unique identifier you will keep forever. It will help to prevent the use of false or fraudulent director identities.  
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The surge in the residential property market continues to attract buyers and sellers, many involving the family home. This article considers the common myths and misconceptions when it comes to being eligible for the main residence exemption.
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The government is finally delivering on its budget promise to remove the $450 per month superannuation guarantee threshold.
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