On 12 March 2020, the Australian Government responded to the economic threat of coronavirus (COVID-19) – the ATO also responded by releasing a series of administrative concessions for taxpayers. Business Investment Tax Incentives Increased instant asset write-off From March 12 to June 30, 2020, a $30,000 to $150,000 increase of the instant asset write-off threshold…
Category: Blog
Does Your Bookkeeper Need To Be A BAS Agent?
Within every great company, there is always a great bookkeeper. Every company, whether small or large, sole proprietor or corporate, retail or wholesale, product oriented or services oriented, needs a good bookkeeper. It is understandable why there are regulations concerning a bookkeeper who is not a BAS. These regulations were created in order to protect…