Highview Partner & CPA Dave Sheahan says, "The secret to surviving a down economy is cash flow. It’s important that you reduce and slow down cash outflows, and increase and speed up cash inflows."
The spread of the novel coronavirus (COVID-19) has been the dominating news topic of 2020 so far. Australian health officials maintain that, at this point, the risk of contracting COVID-19 remains relatively low.
Our Financial Planner Bruce Chisholm has been inundated with this question since the Coronavirus outbreak. See his most recent response below, as at 22 March 2020.
Modern Visual have jumped on the front foot during these unprecedented times preparing some great information to help businesses understand how they can efficiently allow staff to work from home, if required.
The Government has announced that it will allow the Australian Taxation Office (ATO) to disclose tax debt information of businesses to registered Credit Reporting Bureaus.
Having kicked off visits to tax professional needing assistance to transition from AUSkey to myGovID on Monday, the Tax Office has finally confirmed the definite date AUSkey will cease to exist.
Does a drop in from the ATO mean you’re considered “dodgy”? ATO assistant commissioner Peter Holt speaks straight from the source in this MyBusiness Podcast.