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Imagine being able to press pause on business operations and to take stock of your tax and accounting processes. To start afresh, removing the barnacles and band-aids, keeping what is working, and re-working what can be done better. Transforming it into a process “Utopia”. But even then, it would never remain in this “flawless” state. […]
Imagine being able to press pause on business operations and to take stock of your tax and accounting processes. To start afresh, removing the barnacles and band-aids, keeping what is working, and re-working what can be done better. Transforming it into a process “Utopia”. But even then, it would never remain in this “flawless” state. […] … Read More
More than simply improving efficiencies and meeting tax compliance obligations, using the right tax technology is essential to a healthy bottom line. It’s common that businesses will persist with systems that are familiar — a case in point is the humble spreadsheet. A long-time mainstay of many businesses, it remains useful for basic collating of […] … Read More
Tax compliance in Australia is a complex business and can involve multiple departments across an organisation working together to fulfill any outstanding issues. This, however, is not always a simple or coherent task, as departments in big companies often hold onto data or don’t have the necessary resources to share efficiently or effectively to allow […] … Read More
It may be as commonplace in Australian businesses as the office Christmas party, but Microsoft Excel should not be confused with an enterprise-level tax solution, according to Jessica Farthing, Director (Indirect Tax), Grant Thornton Australia. There’s no denying the popularity of the familiar, if cumbersome, software tool here and overseas. A recent Deloitte survey revealed […] … Read More
After 10 years since Apple's release of the first iPhone, users are migrating to other brands. While Microsoft released MS Excel twenty years ago and it remains the solution of choice for many accountants. Why are we less comfortable with embracing new tech in our professional lives when we have an equal number of choices? … Read More
BEPs first anniversary is approaching. What can we learn from the unique challenges faced by multinationals operating in Australia? And what will Year 2 bring? Joanne Ting, CbC and Transfer Pricing technology specialist gives us a preview ahead of the upcoming webinar with BDO and The Tax Institute. … Read More
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