The other day while watching one of my all-time favourite movies Dead Poets Society I couldn’t help but notice some similarities between this movie and the work we do as accountants.
The decision to sell your business is often one that is difficult to make and carry through because most owners are emotionally invested in the business that they have created and grown over the years.
With cloud based accounting software, you are purchasing the right to use the software over the internet via a subscription model, as opposed to traditional software applications that are installed and run via a desktop.
STP is a change in the way employers will report their PAYG and super contribution information to the ATO. Using STP compliant payroll software, employers will now be required to report PAYG and super after each payroll.
The ATO, along with their partner agencies, interrogate various information sources and use sophisticated analytics, to identify people who deliberately break the law.
Separating from a long-term partner is enormously challenging and when it comes to finances it may require a lot of short and long term planning during a time when emotions are also fraught.
Over the coming month, representatives from the Australian Taxation Office are visiting hundreds of businesses in targeted areas, one area being Cranbourne, Victoria.
A boat was docked in a tiny Mexican fishing village. A tourist complimented the local fishermen on the quality of their fish and... asked how long it took to catch them. "Not very long" they answered in unison.
It looks like I will get the British pension and am able to top up at the cheaper Class 2 rate. None of this would have happened without your help and advice! Thankyou so very much – you are really doing an awesome job.
