small business accounting newsletter | 2020 | July 2020 Newsletter

With unexpected closures for the retail industry, small businesses who previously were not thinking about selling online have now been forced to consider this...

Tax time 2020 is here

Many individuals on reduced income or have increased deductions may be eager to lodge their income tax returns early to get their hands on a refund...

Expanded instant asset write-off for businesses

If you’ve purchased assets for your business, remember that you may be eligible to claim an immediate deduction under the instant asset write-off, which was recently expanded...

Additional cash flow boost coming for businesses

If your business is one of many that received the initial cash flow boosts as a part of the government’s COVID-19 economic stimulus measures, prepare for more help..

ATO scam calls may soon be a thing of the past

Last year, some 107,000 ATO impersonation scam calls were reported to the authorities. The real number is likely to be much higher, given that most of these type of calls go unreported...