The average working person might never have heard of a tax agent; you usually don’t until you really needed one. You’ve heard of an accountant, a bookkeeper and even a debt collector. Tax agents work in a niche field and are invaluable sources of help when the time comes.
Accountants have a lot of work on their plate; they analyse and generate reports, do in-depth account research for their clients and answer questions. Lots of them. Some are particular to a certain business, others are more general.
Xero is the biggest name in accounting and bookkeeping software. It’s easy enough to work the basics. You create a profile with your personal or business details and from there you can make invoices, pay accounts plus more. Tax agencies would normally take on this work and they still do, with a few “added features” to keep up with change. Enter the Xero Advisor.
The Australian Taxation Office (ATO) is experiencing technical difficulties with its online facilities. Since this morning, all of the department’s websites including the public website and agent portals have not been accessible.
Tax agents are people you normally associate with filing your returns, but to a business they’re so much more. Businesses are always on the lookout to improve; how to spend less, get more customers, finding the time to renew their license and so on. Tax agents have a few tricks to achieve these and more.
[Read more…] about What Tax Agents Do To Improve Businesses
Overview of the tax for working holiday makers
This page includes a summary of ATO system availability, which has been continually updated since systems issues arose on Monday 12 December.
The ATO is supporting World Mental Health Day by training staff to support small business clients suffering from mental health issues.
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.