Category: tax accounting
What is business process reengineering and does my business need it?
Business process reengineering (BPR) is the redesign of core business processes to achieve dramatic improvements in productivity, costs, cycle times and quality. BPR aims ...
The financial benefits of outsourcing
The financial benefits of outsourcing include reducing labour costs, increasing efficiency and reduced capital costs. The most important business benefit is that it enables ...
What are your obligations as a foreign company in Australia?
A foreign company intending to carry on a business in Australia is generally required to register with ASIC as a 'Registered Foreign Company'. Registered ...
Delisted Company
Delisted companies are companies that have been removed from the Australian Stock Exchange (or the state-based exchanges), Newcastle Stock Exchange or the Bendigo Stock ...
Software Review – Xero Tax
Andy Asiandi, (Payneham, SA) reviews the Xero Tax software. XERO Tax advantages: Free for Bronze Partners. Xero tax returns integrate nice and easily with ...
Difference Between Tax Agents and Tax Planning Specialists
Although Australia has 42,561 registered tax agents, less than 1% of these actually provide any specialist tax planning advise to their clients. Ninety nine ...
Should You Lodge Your Own Tax Return?
The Australian Tax Office (ATO) expects over 3 million Australians to lodge their 2019 tax returns through MyTax for free. You should do away ...
7 Unusual United States Tax Deductions
The United States tax code allows for many unusual but legitimate tax deductions and tax credits. Here are our top 7: Clarinet Lessons: A ...
Professional Gambler Winnings Are Tax Free
Australians are the most prolific gamblers in the world and lose over $24 billion per year gambling. Australia’s gambling losses of $1,200 per adult ...
Tax Planning Referral Marketing System
Referral marketing is a method of promoting products or services to new customers through referrals, usually word of mouth. Such referrals often happen spontaneously ...