Capitaleyes Latest Accounting News

Plan for End-of-Financial-Year (EOFY) early
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The ATO's data matching programs have identified contractors that are incorrectly reporting or omitting contractor income.  
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The corporate regulator has revealed online scammers will remain “squarely in the crosshairs”, with 130 investment scams shut down weekly.
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Small businesses with a history of not complying with their obligations may be moved to monthly GST reporting from the start of April, the ATO has warned.
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The ATO has issued guidance on what it will focus on regarding auditor compliance for 2025.  
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Your individual total super balance as of 30 June each year impacts your ability to implement various super strategies in the following financial year.
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Even though superannuation is designed for retirement, there are limited circumstance where you can access super early on compassionate grounds.
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A proposed measure to deny deductions for the general interest charge has received the green light from a Senate Committee.
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The fuel-efficient definition for the higher luxury car tax threshold should be limited to zero-emission cars only, the Australian Electric Vehicle Association has said.
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The corporate regulator has taken enforcement action against four company directors and 58 individuals for contraventions relating to company collapses.
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  Before signing a commercial lease, verify critical terms like rent, insurance, and renewal clauses to match your business’s future plans.  
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An important consideration in building your super balance is to salary sacrifice you earning to make additional contributions to your super.
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