The ATO was preparing to ramp up oversight of private, wealthy groups before COVID-19 arrived. Now it’s moving back to more traditional tax time behaviour.
Chasing payments on invoices and paying creditors can be easy and helps minimise tax, so take the time to set up these healthy business habits before EOFY.
MYOB recently hosted a webinar for business advisors of SMEs, featuring guidance from ICB and the ATO on how they can best prepare for EOFY.
As we edge closer to the EOFY, tech startups need to be thinking about preparing their R&D claims. In this article, we answer common questions about the process.
COVID-19 is having an impact on most businesses, which makes tax planning more important than ever this year
This next-gen solution to an age-old problem could do away with the problem of shoebox bookkeeping for good. Introducing MYOB Capture for Essentials.
The end of the financial year is right around the corner. For small business owners, that means it’s time to think about taxes and how to get the most from your tax return. Here are the top five tax deductions saving small business owners most this year.
Reviewing the superannuation account and the PAYG Payable account works in much the same way as your bank accounts and credit card accounts with one exception and that is that the ‘new statement balance’ will always be $0.00.
If there is an account that you are disputing, why not get it settled before 30 June?