Tagged With EOFY

0

The end of the financial year is approaching and that can only mean one thing; it’s nearly time to lodge your tax return. Now is a great time to take stock of all the money you’ve spent on work-related items during the course of the year. The question is, are you claiming everything you’re entitled to?

3

The ATO is gunning for cryptocurrency traders this year. After lots of discussion, the ATO has ruled that cryptocurrency is an asset so any windfalls you might have cashed in must be declared. And if you're planning to hide your gains, beware. The tax man has ways of finding out what crypto you have and whether you're hiding cash.

6

Whether you're running your own business, working as a book-keeper or accountant for someone else, or the the IT guy making sure the business has access to the tools they need there's one software category you have to keep in your business' application kitbag. That's accounting software. But today's applications go far further than double-entry accounting, raising invoices and producing a monthly or quarterly report for the tax office. They integrate with warehouse and logistics applications, point of sale terminals and other systems making them the heart of your business' backoffice. Two of the biggest players on the market are the veteran MYOB and Xero.

0

The end of financial year looms and that means it's sale time. If you're looking for a way to take advantage of depreciation and tax deduction laws, all while staying legal of course, then there are lots of deals to be had. Ebay has kicked things off with lots of deals on TVs (for the office boardroom perhaps) as well as smartphones, tools and other gadgets. Let's see what they've got.

0

The 2016-2017 financial year is coming to a close, which means you need to get your taxes in order. If you own a small business, this checklist will help you to cross those t's and dot those i's.

4

If you want to reduce your tax bill, you need to claim as many legitimate deductions as you can. While most people know about travel expenses and charitable donations, there are many additional deductions you might be able to claim. Some of these items may surprise you - from video game consoles and Netflix subscriptions to pet dogs and sex toys.

0

So who’s unsure about using apps in the workplace? We’re not talking about your public transport or wine app, but apps designed to help your business improve productivity and reduce costs. There is an app for almost every business need, and if you ignore them you risk being left behind while your competitors surge ahead.

0

As much as throwing a tantrum feels like a natural option when it comes to organising your life for tax time, there are things you can do to make it seem less of a chore. While you're organising your finances, it's a good time to take care of other notoriously avoided tasks around the home. Here's our list of the best deals and must-do tasks to get you sorted before June 30 rolls around (it's not far away so get acting!)