Capitaleyes Latest Accounting News

More than a third of businesses expect to impose larger-than-usual price rises in the next three months, the latest Australian Bureau of Statistics data found.
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Humour has become the weapon of choice for CPA Australia when it comes to raising awareness of accountants at tax time.
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Humour has become the weapon of choice for CPA Australia when it comes to raising awareness of accountants at tax time.
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The Tax Office has revealed its priority areas for this year’s returns.
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The ATO understands the past few years have been difficult, with floods, bushfires, and COVID-19 affecting many businesses. The ATO wants to help make it easier for businesses impacted by these events, and so have developed a practical compliance guideline (PCG) that may assist. The ATO develops PCGs to address the practical implications of tax laws and outline our administrative approach.
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A cash flow forecast is the most important business tool for every business.
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Global data, analytics and technology company Equifax has signed an agreement with the ATO to receive commercial tax default data so that it can be displayed in credit reports.
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Businesses that need a little more financial help will have one last opportunity to claim the loss carry-back in their 2021–2022 income tax returns.
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  The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet further national hardships.  
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Digitising billing systems would save almost $130 million annually in carbon emissions
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The ATO says the best protection is “knowledge defence”. 
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Increased sales take Xero index into positive territory.
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