Capitaleyes Latest Accounting News

Annual wage growth surges to 14-year high of 4%

UPDATED: Hardworking Australians deserve higher wages, the Treasurer says.
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Average refund plummets by $580, total payout down $5.4bn

UPDATED: The end of LMITO and revised WFH rules have taken billions out of refunds, ATO figures reveal.
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Record low invoice values ‘reveal inflation sting’

The latest CreditorWatch data shows small businesses are being hardest hit by rising prices and interest rates.  
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Business owners are seeking exits without a plan, survey finds

Accounting firm William Buck warns most owners are “flying blind” when it comes to maximising the value of their business at the point of sale.
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Completing the Sale of a Business

Selling a business involves several steps, moving parts and legal documents.
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Scams by numbers – 2022–23 scam data is now available

Did you know that your clients aged between 35-44 are the most likely to pay money to a scammer?
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Using the cents per kilometre method for claiming car expenses

The cents per kilometre method is a simple way to work out how much you can deduct for car-related work or business expenses.
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I am making a profit but where does all the cash go?

Many small business-owners experience this feeling when they look at their books.  You work hard, money comes in but it all just seems to disappear.  Why?  
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Directors on the hook for cyber security, ASIC warns

Repelling attacks is just the start – businesses must demonstrate an ability to respond or the board will be held accountable, the regulator says.
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Australian Taxation Office (ATO) motor vehicle data matching program extended

The ATO has extended its motor vehicles data matching program for 2022–2023 to 2024–2025 financial years.
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$20k instant asset write-off to get 1-year extension

The amendment will hold off the threshold reverting to $1,000 until June 30 next year.  
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How Do I Respond to an Allegation of Trade Mark Infringement?

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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Phone: 02 9568 5555
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Dulwich Hill NSW 2203
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