Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

5 things to look for in tax technology

Get ahead in the cloud. Businesses using cloud technology experience 53% faster revenue growth. The Australian tax environment has never been more complex or competitive than it is today with 75% of businesses adopting new technology in the past 12 months to stay competitive. The list of pressures facing accountants is mounting. This means changes […]

5 things to look for in tax technology

5 things to look for in tax technology

Get ahead in the cloud. Businesses using cloud technology experience 53% faster revenue growth. The Australian tax environment has never been more complex or competitive than it is today with 75% of businesses adopting new technology in the past 12 months to stay competitive. The list of pressures facing accountants is mounting. This means changes […] … Read More

How to improve performance and deliver value through tax

How to improve performance and deliver value through tax

The difficulty of tax reporting is only increasing with more demands than ever being made by the Australian Taxation Office. So using the right software can not only give you a distinct advantage, but a must. There are many challenges ahead in the world of taxation for companies in Australia and around the world. The […] … Read More

How much are spreadsheets hurting your business?

How much are spreadsheets hurting your business?

One of the most important aspects of running a business is reducing risk. This can be tackled in a multitude of ways but when it comes to tax compliance, there are simple steps you can take. For starters, any big businesses relying on Microsoft Excel spreadsheets to prepare your tax obligations either on a quarterly […] … Read More

GST: Time to Renovate or Detonate?

GST: Time to Renovate or Detonate?

Two of the biggest changes to Australia‚Äôs GST regime came into effect on 1 July 2018, impacting the property sector and overseas online retailers. They follow a legislative trend which is prompting many practitioners to ask, is it time to rethink our indirect tax system? … Read More

Cuts to individual tax rates a likely Federal Budget centerpiece. But at what cost?

Cuts to individual tax rates a likely Federal Budget centerpiece. But at what cost?

Personal tax cuts are shaping up as a likely Federal Budget centrepiece, but the question of how exactly they'll be funded is still anyone's guess. Terry Hayes, Tax Consultant to Thomson Reuters, looks beyond the simple revenue loss equation to understand why they could be a 2018-19 budget certainty, despite the finance question. … Read More