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AccountEdge not compatible with new Mac OS Catalina

AccountEdge not compatible with new Mac OS Catalina

27 August 2019 According to a statement on the MYOB website, AccountEdge software is currently incompatible with the latest Mac operating system ‘Catalina’. This means that AccountEdge customers who update their MacOS to Catalina will be unable to use...
Low/ Middle Income Tax Offset Clarification

Low/ Middle Income Tax Offset Clarification

26 August 2019 As many of you are aware, recent tax legislation passed through Parliament which resulted in the ‘Low and Middle Income Tax Offset’ or commonly referred to as LMITO. Taxpayers have been expecting this small cash injection from the Australian Taxation...
Travel expense claims for small businesses

Travel expense claims for small businesses

19 August 2019 Tax time tips: the ins and outs of business related travel expense claims. If you operate a small business, chances are you’ve incurred travel expenses as part of your day to day business activities. In most cases, these expenses will be tax...
Cash payments over $10,000 set to be outlawed from 2020

Cash payments over $10,000 set to be outlawed from 2020

14 August 2019 From 1 January 2020, the Government intends to restrict the value of cash payments a business makes or accepts to amounts under $10,000. Ignoring the limit will become a criminal offence with penalties of up to 2 years in prison and/ or $25,200*....
Aussies falling victim to scams in record numbers

Aussies falling victim to scams in record numbers

13 August 2019 The old saying goes: if it sounds too good to be true, it probably is. According to the Australian Competition and Consumer Commission (ACCC), Australians have been scammed out of more than $78 million dollars so far this year, based on data reported to...