Property Accounting Archives - Page 3 of 5 - Steven Rider Property Accountant

FBT Free Employee BenefitsFBT Free Employee Benefits

26/04/2023 admin 0 Comments

Rewarding employees Accounting professionals are well placed to help clients offer FBT-exempt benefits to their staff. Examples include: Private use of an electric car that was both held and used on or after 1 July 2022 and wasn’t subject to luxury car tax (among other conditions). Portable electronic devices that{...}

Property Accounting

Uber and Ride Share TaxUber and Ride Share Tax

26/04/2023 admin 0 Comments

Australian rideshare tax requirements As a driver-partner, you independently provide transportation services. You are not an employee of Uber and will be responsible for reporting and paying any applicable tax or GST earned from your trips with Uber to the Australian Tax Office (ATO). Uber does not withhold or file{...}

Property Accounting

Online vs bricks-and-mortar businessOnline vs bricks-and-mortar business

14/12/2022 Steven Xero Certified Advisor Advisor 0 Comments

Source: Xero Comparing financial performance, workload, and stress between business types. Introduction Xero surveyed 171 accountants and bookkeepers with a collective clientele of more than 6,000 small businesses to explore the differences between online and physical businesses. 59 of those experts (accounting for more than 2,200 businesses) were based in{...}

Property Accounting

3 reasons why you should have a CPA complete your BAS3 reasons why you should have a CPA complete your BAS

20/10/2022 admin 0 Comments

Whether to hire a professional to handle your accounting and tax is not an easy decision. However, when the tax times come around, it can be daunting for business owners. In this blog, we’ll cover the business activity statement (BAS) and 3 reasons why getting your BAS professionally done is{...}

Property Accounting

Tax Ombudsman discovers something ‘weird’ about self-filersTax Ombudsman discovers something ‘weird’ about self-filers

10/10/2022 admin 0 Comments

Tom McIlroy Political reporter Oct 10, 2022 – Source: Australian Financial Review Thousands of Australians do their own tax and then object to the result, a phenomenon the Tax Ombudsman has described as “weird”. Australians lodging their own annual tax return are the source of more than half the complaints{...}

Property Accounting

Apps to help solve four of your business pain pointsApps to help solve four of your business pain points

29/09/2022 admin 0 Comments

Apps can help automate your admin, generate you insights, manage your day-to-day operations and give you access to deep analytics for smarter business decisions. Here are some of the most popular apps in the Xero App Store that help tackle some common business needs. Apps to help solve four of{...}

Property Accounting

Xero changes Authentication RulesXero changes Authentication Rules

29/09/2022 admin 0 Comments

Changes to multi-factor authentication are coming for Australian customers Over the last few years, our lives – and businesses across the world – have moved online at a rapid pace. Unfortunately, cybercriminals have followed and are using new, digital methods to target Australians. At Xero, we are custodians of your{...}

Property Accounting

Airbnb and TaxAirbnb and Tax

16/09/2022 Steven Rider 0 Comments

Today in Australian and around the world, many people are renting out all or some of their house, farm or apartment through Airbnb and want to know how the Australian Tax Office (ATO) might apply tax treatment to those transactions. Until recently there hasn’t been a lot of ATO guidance{...}

Property Accounting

How To Market Your Small BusinessHow To Market Your Small Business

16/09/2022 Steven Rider 0 Comments

Do you want to start marketing your business but don’t know where to begin? You’re not alone. Small businesses make up over 90% of all businesses in the U.S., U.K., and Europe. So if you’re struggling to get noticed or generate inquiries or sales from potential customers, this guide will show you{...}

Property Accounting

Critical Warning Signs That Your Business is Suffering Financial StressCritical Warning Signs That Your Business is Suffering Financial Stress

14/09/2022 admin 0 Comments

Statutory Demand Notice A Statutory Demand Notice is a written, formal document from a creditor requesting payment of outstanding debt. If you receive a statutory demand, you have 21 days to pay your debt. If you choose to ignore the demand, your business will be presumed to be insolvent, which{...}

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